Opinion on Commodity in Hungary

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Type Product title / description Pub Price
CommentWire
CommentWire

Avia International: sees Hungarian retail fuel market as fertile ground

Avia International, an association of independent companies, has opened two fuel retailing stations in the Hungarian market and plan to build more. The strategic flexibility of the association means that site owners can easily adapt to the changing preferences of customers. This coupled with the association's ability to go where others will not means Avia has a recipe for Hungarian success.

Published By Datamonitor
11 Aug 2006
CommentWire
CommentWire

BP: shedding stations

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
06 Jun 2002
CommentWire
CommentWire

E.ON: Hungary for more

E.ON's position in central and eastern Europe is strengthening by the day. After getting approval to buy Slovakia's ZSE in April, the company will now take control of Hungary's second largest electricity distributor. The next stop for E.ON looks set to be Romania, as the major European utilities form increasingly powerful positions in the region.

Published By Datamonitor
01 May 2002
CommentWire
CommentWire

EdF: Hungary for integration

Published By Datamonitor
15 Dec 2000
CommentWire
CommentWire

Eni: earnings slump on lower gas sales

Unlike the other oil and gas majors, Eni's greater reliance on gas sales meant that it did not greatly benefit from the increase in oil prices over 2002. Instead, reduced gas sales in Italy as a result of warmer than normal weather and a lower selling price for gas forced revenues down. Similar results are expected in 2003 as Eni continues to expand outside Italy.<BR />

Published By Datamonitor
28 Feb 2003
CommentWire
CommentWire

Gas: Hungary balances strategic pipelines

Rumors that Hungary is considering switching allegiances to Russia's Blue Stream pipeline extension from the Nabucco pipeline have emerged recently. These rumors are worrying to both the project's sponsors and EU officials, especially given Hungary's already strong relationship with Russia, and highlight the fact that domestic politics are still capable of trumping EU security of supply concerns.

Published By Datamonitor
03 Apr 2007
CommentWire
CommentWire

Gazprom: E.ON deal suggests bigger acquisitions on horizon

The recent exchange of assets between German utility giant E.ON and Russian E&P major Gazprom should come as little surprise given current industry drivers. Gazprom wants 'security of demand', and gaining a stake in E.ON's Hungarian downstream supply arm could yet be a precursor to a far bigger buy.

Published By Datamonitor
25 Jul 2006
CommentWire
CommentWire

Hungarian electricity: liberalization on its way

Published By Datamonitor
20 Sep 2001
Expert View
Expert View

Hungarian gas auction marks a tentative step towards competition

The recent gas auction in Hungary represents a step forward for competitive development by easing one of the currently prevailing barriers to new market entrants. However, despite this progress, meaningful competition remains a long way away.

Published By Datamonitor
15 May 2006
CommentWire
CommentWire

Hungarian gas: all change ahead

Hungary will open 38% of its gas market by 2004, fulfilling the minimum market opening requirements imposed by the EU as part of the country's accession process. The move will also mean the privatization of the country's regional gas distributors. The national gas supply company is also likely to hit the market, sparking interest from western European utilities.

Published By Datamonitor
07 Feb 2002

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