Latest Intelligence in Austria

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Type Product title / description Pub Price
CommentWire
CommentWire

OMV: acquisitions boost regional leader

Austria's OMV is now a leading fuel retailer in Central and Eastern Europe, and the largest international retailer in Hungary and Slovakia. Not only is the company driving up fuel sales per site by acquiring sites with higher throughputs, but its new acquisitions will also enable the expansion of the non-fuel business at its service stations.

Published By Datamonitor
10 Feb 2003
CommentWire
CommentWire

GM foods: give it time

After a five year long moratorium on growing and commercializing GM foods, the EU has authorized the entry of a GM product onto the market. European consumers are still unconvinced, and the biotechnology companies behind the products fear the public may reject them. However consumers may learn to accept GM, first in nutraceuticals, and then in mainstream foods.

Published By Datamonitor
02 Dec 2003
CommentWire
CommentWire

OMV / MOL: fueling competition in central Europe

OMV has sold its 25% stake in Rompetrol and is now free to pursue its development aspirations in the growing Romanian fuel retail market. This is fundamental at a time when core regional rival MOL has announced that it will be updating and rebranding its recently acquired Shell sites in Romania by September of this year.

Published By Datamonitor
11 Apr 2005
CommentWire
CommentWire

European card processing: the decline of the old order

Continuing its aggressive European expansion, First Data has agreed to acquire Austria's local interbank processor Austrian Payment Systems Services (APSS). This is unlikely to be the last such transaction in the current round of M&A activity sweeping the European card processing market, as regulation and cross-border banking consolidation push banks to abandon the interbank processors.

Published By Datamonitor
09 Aug 2005
Expert View
Expert View

The gloves are off in central European fuel retail

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
11 Apr 2006
CommentWire
CommentWire

OMV: tight lipped on Balkan expansion plans

Leading figures in Romanian politics are pressing OMV to share the details of its 2004 acquisition of a controlling share in Petrom. While Austria's leading petroleum firm is unlikely to refuse this request, OMV will be keen to keep its long-term business strategy for Romania's incumbent fuel retailer under wraps.

Published By Datamonitor
11 Apr 2006
Expert View
Expert View

New household products: new ideas up in flames

Manufacturers hope to excite the world of kitchen cleaning and storage aids by adding some novel elements to their products. Among other introductions, Productscan Online reports on a broom designed to clean both floor and ceiling and a collapsible, space saving container. A more lavish product, the Skcandle, produces body oil as it burns; this is an unusual development in candle production.

Published By Datamonitor
02 Jun 2006
Expert View
Expert View

New household goods review: green growth in the household

Manufacturers are responding to a growing consumer concern for environmental issues with the launch of various household products touted as having green benefits. These include a biodegradable kitchen bag for food leftovers, and organic laundry sheets put in the washing machine in place of powder or liquid, as reported on Productscan Online.

Published By Datamonitor
01 Sep 2006
Expert View
Expert View

New drinks review: a spoonful of flavor helps the medicine go down

While the health trend continues to influence the makeup of many new drink launches, taste is still a decisive factor for consumers. Two new products recorded by Productscan exemplify this, one developed to flavor filtered water, and another to add sweetness to medicines; two different products designed to make liquids taste better.

Published By Datamonitor
21 May 2007
CommentWire
CommentWire

Novartis: increasing presence in vaccines

Thanks to a new deal with Intercell, Novartis is set to gain access to several vaccine candidates, including those for the prevention of pneumonia in elderly and infants, and hospital-acquired Pseudomonas. After several agreements with other companies and the acquisition of Chiron in 2006, it appears Novartis is on its way to becoming a major infectious diseases player.

Published By Datamonitor
02 Jul 2007

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