Latest Intelligence on General Business in Slovakia

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Type Product title / description Pub Price
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

EVN: eastern expansion thwarted

Austria's EVN put forward the highest bid for Slovakia's power distributor ZSE, but it was rejected in favor of a lower offer from E.ON. Although EVN is now appealing to Slovakia's government to have the decision overturned, it should brace itself for further disappointment: German giants such as E.ON have a great deal of clout in ex-Communist Europe.

Published By Datamonitor
07 May 2002
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

Slovakian electricity: the bidders line up

It is not surprising that some of Europe's largest utilities are keen to obtain a share in Slovakia's distribution sector. They are strategically placed with connections to Hungary, Austria, Poland, Ukraine and the Czech Republic, offering the companies the opportunity to provide cross-border transit as the various countries open to competition.

Published By Datamonitor
12 Apr 2002
CommentWire
CommentWire

SPP: Slovak sell-off may end up a disappointment

The bids are likely to fall short of the government's expectations, partly because of price controls that mean that SPP must subsidize Slovak gas consumers. This is a problem for the government, which is torn between a need for cash and domestic accusations that it is selling off its assets too cheaply. It may have to enter into negotiations with the highest bidder.

Published By Datamonitor
28 Feb 2002
CommentWire
CommentWire

Yukos: taking control of a crucial oil export route

Yukos, Russia's second largest oil company, will pay $74 million for 49% of the export pipeline operator. The deal will allow Yukos to export more oil to western Europe, boosting its position in Europe's oil market and helping it come out of the shade of its larger rival Lukoil.

Published By Datamonitor
21 Dec 2001

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