OMV: acquisitions boost regional leader

Austria's OMV is now a leading fuel retailer in Central and Eastern Europe, and the largest international retailer in Hungary and Slovakia. Not only is the company driving up fuel sales per site by acquiring sites with higher throughputs, but its new acquisitions will also enable the expansion of the non-fuel business at its service stations.

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OMV: focusing on value-added services to drive market share

Through a partnership with Western Union, fuel retailer OMV is set to offer international money transfer facilities across its network in eight Central and Eastern European countries. This is the second recent venture into the financial services space for OMV, and highlights its high focus on expanding and diversifying its service offering to drive customer satisfaction.

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OMV: good results, but repeat performance unlikely

Most of the oil majors saw hefty declines in profits as oil prices fell post-September 11. OMV was no exception, with a 25% decline in net income for Q4. Even so, 2001 profits reached record levels. The company will not be able to achieve similar growth in 2002, but it should be confident of another good year for marketing and chemicals and plastics.

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OMV: tight lipped on Balkan expansion plans

Leading figures in Romanian politics are pressing OMV to share the details of its 2004 acquisition of a controlling share in Petrom. While Austria's leading petroleum firm is unlikely to refuse this request, OMV will be keen to keep its long-term business strategy for Romania's incumbent fuel retailer under wraps.

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Petrol: going mobile

Fuel retailer Petrol is introducing a prepaid mobile phone in Bulgaria. This decision could well be a positive move for the company, providing it with a way to increase loyalty at its service stations and grow its brand name.

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Rewe: renewed focus on convenience

There have been several recent developments at the convenience arm of German retail group Rewe. The company plans to reposition its neighborhood chain Nahkauf through a new and improved concept and store design. Meanwhile, in Austria, Rewe will expand its chain of Billa stop & shop convenience stores into every Jet petrol station in the country.

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RWE: march across Europe continues

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RWE: moving into Austria

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The gloves are off in central European fuel retail

Rapid network expansion and upstream muscle are the unstoppable forces pushing Lukoil to the fore of fuel retailing in central and eastern Europe (CEE). The firm is the key mover in the region, expanding its site presence by a remarkable 180% over the past three years. But selling petrol is not simply a numbers game: Lukoil is also successfully incorporating a strong shop proposition.

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Verbund/E.ON: alliance creates European hydro superpower

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