Opinion in Hungary

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Type Product title / description Pub Price
Expert View
Expert View

UK joins non-binding EU agreement to support nuclear

The UK and 11 other EU countries have signaled their support for nuclear generation. Datamonitor expects benefits from such "soft" agreements to be long-term and to include easier access to funding and R&D sharing. In the short term, the UK government's new carbon price floor will make low-carbon generation, including nuclear, more attractive.

Published By Datamonitor
19 Mar 2013
Expert View
Expert View

International wealth managers set to benefit as wealthy Hungarians move money offshore

Erste Bank has agreed to acquire BNP Paribas Wealth Management's operations in Hungary, a deal that is somewhat surprising given the tough macroeconomic environment in the country. However, as wealthy Hungarians seek to move assets offshore the nation is becoming more attractive. Interim data for 2012 showing declines in the size of the onshore deposit market appear to back up this trend.

Published By Datamonitor
20 Aug 2012
Expert View
Expert View

New drinks review: water additives get convenient

In this month's review of beverage launches, the innovation potential of bottled water is being explored by drinks manufacturers. A striking "divided" bottle with separate compartments for water and flavoring has been launched in Russia, while concentrate powders have been reimagined as an on-the-go item, and spring water designed specifically for making baby food has hit shelves in Europe.

Published By Datamonitor
05 Apr 2012
Expert View
Expert View

New personal care products review: soap sees black future

This month's look at the latest innovative launches in the personal care industry highlights developments in the bar soap segment. One manufacturer sees potential in a locally sourced mineral that is touted to have deodorizing benefits as well as imparting an unusual color, while another is taking a page from the food and drink sector with its focus on fresh fruit and vegetable ingredients.

Published By Datamonitor
12 Jan 2011
CommentWire
CommentWire

P&G: one step closer to becoming a zero-waste company

As part of its long-term environmental vision, P&G has announced that its manufacturing facility in Auburn, Maine, is the company's ninth global site to achieve zero-waste-to-landfill status to date. However, P&G's move towards becoming a zero-waste company is unlikely to resonate among consumers, given the equally ambitious environmental targets frequently set by rival FMCG companies.

Published By Datamonitor
21 Dec 2010
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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.

Published By Datamonitor
21 Jul 2010
Expert View
Expert View

MOL: one step closer to acquiring Croatia's INA

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
30 Oct 2008
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Expert View

OMV abandons attempt to acquire MOL, but for how long?

In the face of European Commission resistance, Austrian oil and gas company OMV has abandoned its protracted bid to acquire MOL, its Hungary-based rival. However, the EC may yet relax any restrictions placed on a potential merger, presenting OMV with another chance to acquire an MOL that could be left weakened by attempts to purchase Croatian oil firm INA.

Published By Datamonitor
15 Aug 2008
Expert View
Expert View

Logistics in Central and Eastern Europe: the next logistics hot-spot

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
06 Feb 2008
CommentWire
CommentWire

OMV/MOL: protectionist threat raised

Hungary's leading oil and gas company, MOL, objects strenuously to a potential acquisition by Austria's OMV and is partly relying upon the protectionist support of Hungary's socialist-led government to this end. This tactic, which is clearly against the spirit of EU energy liberalization, may backfire on MOL in the future.

Published By Datamonitor
03 Aug 2007

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