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Expert View
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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
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19 Mar 2013 |
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Expert View
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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
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21 Jul 2010 |
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CommentWire
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Czech utility CEZ aims to enhance its position as a tier one energy company by focusing on the Balkan states in southeastern Europe. The company hopes that this strategy will complement its existing activities on the Continent and boost its relatively uncompetitive scale. CEZ's strategy is especially astute, given that the growth in the Balkans' demand for energy is unmatched elsewhere in Europe.
Published By Datamonitor
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14 May 2007 |
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CommentWire
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Polish oil giant PKN Orlen is beginning to flex its muscles on the eastern European service station market. Most recently, it has been reported that the company is seeking to purchase the Esso petrol network in the Czech Republic from ExxonMobil. However, PKN Orlen's plans are likely to clash with those of Lukoil, which has also been expanding aggressively in this region.
Published By Datamonitor
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15 Mar 2007 |
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CommentWire
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Leading Russian oil producer Lukoil has entered into talks with ConocoPhillips to acquire some 380 filling stations under the Jet brand. This move illustrates the fact that, while the US giant begins a huge divesture program to fund upstream investments, Lukoil is heading downstream with a vengeance.
Published By Datamonitor
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18 Dec 2006 |
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CommentWire
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Czech power utility CEZ has recently garnered considerable attention due to the strong performance of its share price. The company's ability to continue charming investors, however, hinges on its ability to grow and increase in scale to become a major European energy concern.
Published By Datamonitor
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14 Nov 2006 |
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Expert View
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Hints from the new Czech industry minister that he favors constructing new nuclear capacity are unlikely to elicit a warm reaction elsewhere in the EU, particularly from neighboring anti-nuclear Austria. However, increased capacity is likely to be needed if the Czech Republic is to maintain its role as a net power exporter and diversify away from its over-reliance on coal-fired generation.
Published By Datamonitor
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25 Sep 2006 |
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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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The Czech Republic has positioned itself as a regional power exporter, and seeks to strengthen this position with new plant capacity. Its new export capacity may, however, be shifted away from its eastern European neighbors.
Published By Datamonitor
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21 Aug 2006 |
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CommentWire
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MOL's decision to close a quarter of its petrol stations in the Czech Republic through its subsidiary Slovnaft could be the final chapter in its failed bid to gain a stronghold in the market. The company will now concentrate on its upstream division and seek new investments elsewhere in CEE.
Published By Datamonitor
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01 Aug 2006 |
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