Latest Intelligence in Austria

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Type Product title / description Pub Price
CommentWire
CommentWire

Vaccines: Intercell buys Iomai

Intercell has acquired Iomai for $189 million, in a deal motivated by the Austrian company's desire to gain ownership of Iomai's traveler's diarrhea vaccine and transdermal delivery technology. With the potential to deliver both vaccine and adjuvant, independently, through Iomai's transdermal patch, Intercell's development of its proprietary adjuvant IC31 may also benefit from the technology.

Published By Datamonitor
13 May 2008
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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
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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
CommentWire
CommentWire

Petrol: going mobile

Fuel retailer Petrol is introducing a prepaid mobile phone in Bulgaria. This decision could well be a positive move for the company, providing it with a way to increase loyalty at its service stations and grow its brand name.

Published By Datamonitor
07 Nov 2008
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New household goods review: lunchtimes get green makeover

Saving money and being kinder to the environment are two key concerns for consumers today. This month's look at new household goods launches finds a number of products that are designed to be economical, such as a 2-in-1 paper towel and napkin product, and a six-ply toilet roll. Meanwhile, the Fresh Snack Pack aims to appeal to green packed lunch makers with its reusable bag design.

Published By Datamonitor
24 Mar 2009
CommentWire
CommentWire

Aldi: discounter looks set to challenge major players with new European fuel retailing venture

Aldi has entered the fuel retailing market by opening three service stations in the Austrian town of Salzburg, offering heavily discounted fuel. With such a strong brand image and efficient business model, Aldi is likely to extend its petrol retailing presence across Austria and Europe, and may soon pose a challenge to the more established industry players.

Published By Datamonitor
07 Jul 2009
CommentWire
CommentWire

Rewe: renewed focus on convenience

There have been several recent developments at the convenience arm of German retail group Rewe. The company plans to reposition its neighborhood chain Nahkauf through a new and improved concept and store design. Meanwhile, in Austria, Rewe will expand its chain of Billa stop & shop convenience stores into every Jet petrol station in the country.

Published By Datamonitor
20 Aug 2009
CommentWire
CommentWire

Billa: grabbing a share of the food-to-go market

Billa, the Rewe-owned supermarket chain, has opened its first Billa Box convenience store in Vienna, Austria, which will offer food and drink to go. The concept will compete directly with existing food-to-go operators, allowing the retailer to capture a new demographic of customers. The originality of the format places Billa at the forefront of the small convenience store market in the country.

Published By Datamonitor
16 Nov 2009
CommentWire
CommentWire

ENI Agip: expands Austrian presence with Esso network acquisition

Italian oil major ENI Agip has extended its presence in Austria with the purchase of 171 Esso branded service stations, doubling its market share in the country. The deal represents a further shake up of the Austrian fuel retail market, following German discounter Aldi's announcement that it is to expand its network of service stations selling cut-price fuel to 100 sites.

Published By Datamonitor
04 Jun 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

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