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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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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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As fuel retailing competition intensifies in central and eastern Europe (CEE), the Hungarian oil major MOL is targeting volume growth in the largest Balkan market. While bolstering its Romanian petrol station network and refinery capacity is a sensible strategy, MOL faces stiff competition from OMV and Lukoil in this key market.
Published By Datamonitor
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17 Jul 2006 |
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CommentWire
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OMV, Rompetrol and Petrom are to build 10 new service stations on the Sun Motorway in Romania. Although these additional sites alone will see the total number of motorway sites more than double, the vast motorway construction project that is currently underway could see a further 87 stations added between now and 2016.
Published By Datamonitor
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22 Jul 2008 |
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CommentWire
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The Logan is the first vehicle in Renault's [RNO.PA] X90 series, which is at the heart of its strategy to target emerging markets. Renault's concept of producing budget vehicles under a different brand identity should prove successful in those regions, where affordability is key. However, it runs the risk of denting its image if it compromises too much on the build quality of the vehicle.
Published By Datamonitor
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03 Jun 2004 |
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CommentWire
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Petrom has revealed that it has a budget of E110 million to invest in building new service stations and renovating existing sites. However, the greater focus should be on the renovations given the relatively low average throughput of Petrom's service stations at present.
Published By Datamonitor
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02 Apr 2007 |
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CommentWire
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Petrom has announced its intention to introduce a new administration system for some of its Romanian gas stations in a bid to create and then expand its franchise segment. This move is a positive step towards liberalization, bringing the company in line with more developed western European markets.
Published By Datamonitor
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18 Aug 2005 |
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CommentWire
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Out of the eight companies interested in Petrom, PKN Orlen [PKN.WA], MOL [MOL.BU] and OMV [OMV.MU] are believed to be the real contenders. Each of the three is keen to grow significantly in central and eastern Europe. Given the cost will be more than $1 billion, however, it is likely they will consider joining forces.
Published By Datamonitor
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26 Nov 2003 |
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CommentWire
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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
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11 Apr 2006 |
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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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