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CommentWire
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To fulfill its vision of becoming a leading utility in southeast Europe, CEZ has submitted a second bid in the Romanian power market. This bid is for the fifth of eight distribution companies being privatized, and CEZ's willingness to spend over E300 million on Electrica Multenia Sud after its 2005 investment of E151 million on Electrica Oltenia highlights the importance of this burgeoning market.
Published By Datamonitor
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02 Feb 2006 |
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CommentWire
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Germany's Praktiker opens its third new store in Romania as DIY retailers' scramble for market share in key new battlegrounds intensifies. New retail hotspots Romania and Bulgaria are characterized by house ownership levels exceeding 95%, offering significant growth opportunities for DIY. However, for now general spending levels remain low.
Published By Datamonitor
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08 Dec 2006 |
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CommentWire
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The largest remaining state-owned bank in central and eastern Europe has become part of the Erste Bank empire after the Austrian firm paid E3.7 billion for a controlling stake in Romania's BCR Bank. Indeed, with the majority of the large central European banking markets already dominated by western players, future expansionists may have to look further east to achieve their goals.
Published By Datamonitor
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23 Dec 2005 |
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Expert View
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In mature western European markets where fuel demand growth is stable and traditional suppliers are cutting their networks, supermarkets are driving efficiency gains. At either end of the scale, Spain and Italy contrast as excellent examples of efficient fuel retailing, the former being the most proficient vendor of fuel in Europe.
Published By Datamonitor
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13 Mar 2006 |
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Expert View
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Two recent developments show how western energy utilities are increasingly turning their attention to the opportunities in central and eastern Europe. While shorter term market dynamics mean that these markets often remain challenging environments to operate in, their longer term development potential mean that gaining early mover advantage in central and eastern Europe is a judicious move.
Published By Datamonitor
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15 Mar 2006 |
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Expert View
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The logistics industry in Central and Eastern Europe and Russia is set to experience substantial growth over the next five years. Datamonitor predicts that nominal spend on logistics and storage in the region will grow from around $272.3 billion in 2008 to $369.4 billion by 2012. This will primarily be derived from fast growing domestic country-markets, as well as increasing merchandise exports.
Published By Datamonitor
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06 Feb 2008 |
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Expert View
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Hungary-based MOL's long-held ambition of acquiring Croatian firm INA is one step closer to reality now that it has become the largest shareholder in the company, after purchasing many of the shares issued in a free float. Further talks are underway regarding MOL's desire to purchase some or all of Croatian government's remaining share, while Austria's OMV is keeping an unexpectedly low profile.
Published By Datamonitor
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30 Oct 2008 |
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CommentWire
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MOL Romania has begun a project to build restaurants at some of its busiest service stations. Providing customers with restaurants equipped with internet access should enable the MOL unit to gain an advantage over its competitors. Nevertheless, given the developing nature of Romania, MOL should tread carefully and focus its efforts on the wealthier and busier metropolitan areas of the country.
Published By Datamonitor
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06 Jun 2007 |
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CommentWire
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Although Nestle's acquisition of Delta Ice Cream comes at a relatively high price, it makes strategic sense. Through small, bolt-on acquisitions such as this, Nestle is successfully trading up to a more premium portfolio and securing a foothold in growth markets such as Romania. The buy will also bolster Nestle's position in the global ice cream market and see it gain ground on archrival Unilever.
Published By Datamonitor
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19 Dec 2005 |
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Expert View
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On-the-go consumption continues to be a key factor in beverage development, as the latest launches recorded by the Productscan Online database illustrate. An instant flavor enhancer for coffee and a dry formula vitamin-enriched smoothie are among the new drinks launches reviewed by Vicky McCrorie in the latest monthly round up...
Published By Datamonitor
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09 Feb 2006 |
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