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CommentWire
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Tough conditions in Hungary and Slovakia have prompted BP to shed its newly acquired Aral service stations in these countries. Although it has also sold two stations in Poland to Jet, BP is adamant it will remain in this market. Staying would be wise: the company has a good position as the largest foreign player, and has identified more attractive prospects.
Published By Datamonitor
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06 Jun 2002 |
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CommentWire
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The new Polish government of the conservative Law and Justice party has promised to examine the encroachment of hypermarkets into the country's retail sector. However, an element of political calculation is thought to be involved in this: while about 100,000 people are employed in large stores, the retail sector as a whole employs more than 2 million, mainly in small independent shops.
Published By Datamonitor
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21 Nov 2005 |
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Expert View
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Completion of Enel's agreement to acquire a 66% stake in Slovenske Elektrarne, Slovakia's largest power generator, is further evidence of how western European utilities are increasingly turning their attention to commercial opportunities in central and eastern European. Current market dynamics and, more importantly, their future evolution, mean that the acquisition is a judicious move.
Published By Datamonitor
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05 May 2006 |
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CommentWire
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Austria's EVN put forward the highest bid for Slovakia's power distributor ZSE, but it was rejected in favor of a lower offer from E.ON. Although EVN is now appealing to Slovakia's government to have the decision overturned, it should brace itself for further disappointment: German giants such as E.ON have a great deal of clout in ex-Communist Europe.
Published By Datamonitor
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07 May 2002 |
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CommentWire
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Leading Russian oil producer Lukoil has entered into talks with ConocoPhillips to acquire some 380 filling stations under the Jet brand. This move illustrates the fact that, while the US giant begins a huge divesture program to fund upstream investments, Lukoil is heading downstream with a vengeance.
Published By Datamonitor
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18 Dec 2006 |
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CommentWire
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In an effort to improve financial results and sales, MG Rover is looking to central Europe for the manufacture and sale of new models, and has specifically expressed an interest in Slovakia. Shifting production to lower cost countries will help MG Rover in its bid to return to profitability. However, the company should consider how such a move will affect its brand image.
Published By Datamonitor
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29 Jan 2004 |
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Expert View
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With energy drinks reaching saturation point in many mature European markets, manufacturers are considering ever more ingenious ways of attracting the attention of consumers. Among the products to feature in this month's rundown of innovative drinks launches is an energy drink with "balls," while another offering features two liquids that are only mixed together when the pack is opened.
Published By Datamonitor
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11 Aug 2011 |
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Expert View
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Attempts to increase the appeal of spirits among younger consumer age groups through dessert and candy flavor blends feature in this month's summary of novel drinks launches. Meanwhile, an innovative whisky introduction shows that coconut remains a flavor to watch in the spirits market, while cola is uncovering its functional side with an unusual fat-burning launch.
Published By Datamonitor
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18 Jul 2012 |
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Expert View
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This month's look at product innovation in the food industry notes that ethical claims are becoming more influential in the dairy market, as consumers pay more attention to the welfare issues associated with the production of eggs and milk. In other news, unusual savory flavor blends are being favored for snack products, while chilled soup is looking to boost its value as a freshly cooked meal.
Published By Datamonitor
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18 Jul 2012 |
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Expert View
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An eclectic mix of household products has been recorded by Productscan this month, from an odor-absorbing 'green' air freshener, to handy kitchen wipes that are designed to make steel appliances stay cleaner for longer. The house-proud consumer should therefore find something to inspire them this month.
Published By Datamonitor
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03 Jul 2007 |
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