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Expert View
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UniCredit Bulbank has opened a "Branch of the Future" in Sophia, Bulgaria. Many of the new branch's features are innovative improvements aimed at making the branch a more comfortable and stress-free place to bank; however, others will have little impact on the customer experience.
Published By Datamonitor
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05 Apr 2013 |
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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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Odor elimination features in this month's rundown of the latest household goods launches, with one producer suggesting that pet odors can be removed at the flick of a switch, while another has utilized volcanic crystals. Other novel launches include a household paper manufacturer optimizing the space in the center of toilet rolls, and another turning tissue into a medical testing kit.
Published By Datamonitor
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11 Aug 2011 |
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Expert View
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As discussions about the development of Europe's gas corridor continue, Bulgaria's energy minister has announced that the biggest two projects will "most probably" get derogation from the regulatory framework, which aims to improve competitor access to pipeline networks. This would be a setback for EU policy, but the union needs to face economic realities while improving energy security.
Published By Datamonitor
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25 Jul 2011 |
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Expert View
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An air freshener propelled only by "fresh air" heads this month's rundown of the latest novel launches from the household goods industry. In other news, detergent and skincare brands have partnered in an unusual alliance, while the line between napkins and household paper towels has been blurred through an interesting new launch.
Published By Datamonitor
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15 Apr 2011 |
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CommentWire
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The UK-based Kingfisher is set to introduce a franchise model as part of its long-term growth plans, which are to be announced in the first quarter of 2011. This initiative will enable Kingfisher to expand quickly, reduce the impact of difficult trading conditions in the UK and increase its hold over the European market.
Published By Datamonitor
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07 Oct 2010 |
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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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Expert View
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Having held a 49% stake in the Belene Power Company since 2008, RWE has pulled out of the joint venture set up to run the proposed 2,000MW Belene nuclear power plant, citing spiraling costs and delays from the Bulgarian government. RWE and its project partner NEK will be disappointed by the outcome, which leaves something of a power vacuum in southeastern Europe for Russian firms to exploit.
Published By Datamonitor
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03 Nov 2009 |
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CommentWire
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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
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07 Nov 2008 |
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Expert View
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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
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30 Oct 2008 |
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