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Expert View
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The January 2006 Russia-Ukraine gas deal has been temporarily extended to the autumn; a temporary truce largely driven by Russia's position as chair of the G8. There are two events on the horizon with potentially serious implications for the reliability of gas supplies to Europe: Yulia Tymoshenko's appointment as Ukrainian prime minister, and Turkmenistan's decision to hike gas prices to Russia.
Published By Datamonitor
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05 Jul 2006 |
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Expert View
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According to media reports, pharmaceutical company Abbott Laboratories is looking to auction off its influenza vaccine business in a deal that could be worth up to $600m. Abbott's established link to the Russian flu market and its advanced cell-based technology make the business an attractive prospect for would-be buyers, which may include the likes of GlaxoSmithKline and MedImmune.
Published By Datamonitor
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29 Jun 2010 |
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CommentWire
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A 10-year GBP13bn agreement with Statoil, starting in 2015, will see 50 billion cubic meters of gas transported to the UK. The deal is a good move as it reduces UK dependence on Russian gas through European interconnectors. It is a shame, however, that Centrica is not investing more in the UK's North Sea oil and gas reserves, generating much needed tax revenue.
Published By Datamonitor
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28 Nov 2011 |
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Expert View
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Oncophage has received Russian approval for the treatment of non-metastatic, intermediate-risk renal cell carcinoma patients. However, the vaccine is unlikely to be approved in the US and EU based on the same data. Though a significant milestone for Antigenics, the company will need to gain approval in the lucrative US and major EU countries in order to increase Oncophage's commercial potential.
Published By Datamonitor
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09 Apr 2008 |
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CommentWire
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Following the success of Auchan's Radouga discount hypermarket concept in Russia, the retailer has opened an adapted version in France. The store aims to meet consumer demand for permanently discounted prices and will reduce Auchan's costs by cutting out staffed counters. The format will act as a revitalization model for underperforming hypermarkets in the group's portfolio.
Published By Datamonitor
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15 Jan 2010 |
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CommentWire
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As the foreign second hand car market threatens Lada's domination in Russia, Avtovaz has initiated a crisis production plan, cutting manufacture by 44%. The Russian government has tackled this domestic problem by increasing import duties. Avtovaz would be wise to continue it's development plans and not rely on the government's help alone.<BR /><BR />
Published By Datamonitor
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22 Jan 2003 |
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CommentWire
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Scottish & Newcastle (S&N) is the subject of a mooted combined takeover by Carlsberg and Heineken. S&N has responded by alleging Carlsberg has broken contract terms in its joint venture with S&N, Baltic Beverages Holding (BBH) and the long-term ownership of BBH is now in doubt. As a result, legal proceedings could decide who achieves ownership of BBH and a foothold in the expanding Russian market.
Published By Datamonitor
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26 Oct 2007 |
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Expert View
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Faced with dwindling growth rates in the US and Europe, drug companies are turning their attention towards emerging pharmaceutical markets where recent economic booms have fuelled double-digit growth. However, although the patient potential of these countries is enormous, foreign pharmaceutical companies are currently tapping into only a fraction of the market.
Published By Datamonitor
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13 Mar 2008 |
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Expert View
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Value clothing retailer Blue Inc, with financial backing from its new chairman Sir Stuart Rose and high-profile investors the Reuben Brothers, plans to expand its international presence. The retailer, which already has a growing online operation in the US, Russia, and the Baltic and other Eastern European states, plans to open stores in Ukraine, Latvia, and Lithuania later this year.
Published By Datamonitor
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28 Aug 2012 |
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CommentWire
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Cetelem has picked a strong partner in RSB to secure market leadership in Russian consumer credit. Macro-economic risks remain, but this is a market that is expected to mushroom over the next 10 years so it is well worth getting in early. For Russian Standard Bank, the deal should provide a secure umbrella for growth.
Published By Datamonitor
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29 Jul 2004 |
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