Latest Intelligence on Retailing in Hungary

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Type Product title / description Pub Price
CommentWire
CommentWire

Tesco: booming retailer takes on the world

Published By Datamonitor
28 Nov 2000
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

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
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

Lekkerland: wholesale gains in Europe's forecourt shops

Lukoil has recently chosen Lekkerland as the wholesaler to its shops in Hungary. Selecting a supplier is an increasingly important decision for forecourt retailers as they seek to maximize shop profitability through a combination of wholesale and direct supply contracts. With a string of major oil retailers in its customer portfolio, Lekkerland is a popular choice.

Published By Datamonitor
17 Aug 2006
CommentWire
CommentWire

MOL/Agip: forecourts to profit from poor health

Changes in legislation regarding the sale of over-the-counter medicines in Hungary have led two of the country's fuel retailers to announce plans to begin selling non-prescription drugs. With the Hungarian over-the-counter medicines market forecast to see an average annual increase of 5% between 2005 and 2009, Agip and MOL are certain to experience healthy profits from this venture.

Published By Datamonitor
07 Dec 2006
CommentWire
CommentWire

Lukoil: downstream focus gathers pace

Leading Russian oil producer Lukoil has entered into talks with ConocoPhillips to acquire some 380 filling stations under the Jet brand. This move illustrates the fact that, while the US giant begins a huge divesture program to fund upstream investments, Lukoil is heading downstream with a vengeance.

Published By Datamonitor
18 Dec 2006
Expert View
Expert View

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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