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Expert View
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While unmanned or automated sites have been an integral part of the forecourt retailing landscape in the Nordic markets for decades, in other parts of Europe this concept of automated payment, no shop and slightly more barren forecourts has never quite managed to take off. But a new wave of openings is now occurring, targeting markets further east.
Published By Datamonitor
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23 Aug 2006 |
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CommentWire
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Lukoil has recently chosen Lekkerland as the wholesaler to its shops in Hungary. Selecting a supplier is an increasingly important decision for forecourt retailers as they seek to maximize shop profitability through a combination of wholesale and direct supply contracts. With a string of major oil retailers in its customer portfolio, Lekkerland is a popular choice.
Published By Datamonitor
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17 Aug 2006 |
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CommentWire
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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
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11 Aug 2006 |
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CommentWire
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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
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25 Jul 2006 |
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CommentWire
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The European Commission and Hungary's own competition authorities are probing the influence of MVM in the power sector with a view to restricting the level of market power it is currently able to wield. However, with MVM opposing changes to the current state of affairs, a huge amount of political resolve will be needed if any major improvement in the competition outlook is to be seen anytime soon.
Published By Datamonitor
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03 Jul 2006 |
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Expert View
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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
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15 May 2006 |
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Expert View
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Rapid network expansion and upstream muscle are the unstoppable forces pushing Lukoil to the fore of fuel retailing in central and eastern Europe (CEE). The firm is the key mover in the region, expanding its site presence by a remarkable 180% over the past three years. But selling petrol is not simply a numbers game: Lukoil is also successfully incorporating a strong shop proposition.
Published By Datamonitor
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11 Apr 2006 |
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CommentWire
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Lukoil has announced its acquisition of petrol stations in Hungary, while its purchase of Finland's Teboil has also been approved by the European Commission. Not only do these deals secure a dependable outlet for its oil exports, they are also an indication of Lukoil's clear ambition to establish itself firmly in European fuel retail.
Published By Datamonitor
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29 Mar 2005 |
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CommentWire
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Tesco [TSCO.L] is starting to flex its muscles in the Hungarian fuel retailing market with the opening of a second discount petrol station. Building on its existing reputation as a food retailer in the market and its fuel retailing success in the UK, it's certainly strong enough to make its mark.
Published By Datamonitor
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14 May 2004 |
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CommentWire
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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
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28 Feb 2003 |
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