Press Releases From 03/10/2012 Until 12/01/2015

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"Hungary Food & Drink Report Q3 2012" Now Available at Fast Market Research

LogoThe Hungarian consumer faces a tumultuous 2012, with food and beverage expenditure expected to be constrained by continued fiscal austerity, rising unemployment, depressed economic confidence, poor credit dynamics and a still-large overhang of debt. The unemployment rate ticked back up to 11.6% in February 2012, close to the mid-2010 post-financial crisis high of 11.8% and up sharply from 11.1% in January 2012, while retail sales growth remained flat at 0.6% y-o-y in January. While consumer confidence has been deteriorating over the course of the past year, the government has already outlined further fiscal tightening measures to help plug the budget gap this year, which make for a difficult playing field for companies operating in the Hungarian food and drinks market.

New Market Study Published: France Autos Report Q3 2012

LogoThe outlook for the French autos industry has changed for the worse, thanks to a sharp 23.5% year-onyear (y-o-y) decline in new car sales to 197,033 units during Q112 (according to estimates from the country's autos association CCFA). The broader slowdown in the market, coupled with the poor performance of the domestic brands, has prompted BMI to revise down its forecasts for domestic sales and production in the market for 2012.

New Market Study Published: Croatia Telecommunications Report Q3 2012

LogoBMI's Q312 report on Croatia's telecommunications market contains an analysis on the latest trends and developments in the mobile, fixed-line and broadband markets. It also contains our latest forecasts for mobile, fixed and broadband subscriber levels and growth to 2016. Our market analysis and five-year forecasts are based on the most recent available figures to be published by Croatia's telecoms regulator, the Croatian Post and Electronic Communications Agency (HAKOM), covering 2011, and by the country's leading network operators for the three months to the end of March 2012. In addition to forecasts and the latest data analysis, it provides an update on recent developments in telecoms regulations.

Recently Released Market Study: Spain Petrochemicals Report Q3 2012

LogoThe Spain Petrochemicals Report examines the short-term impact of the eurozone crisis on the domestic industry and also assesses the long-term structural changes to the global petrochemicals industry.

New Market Study Published: China Pharmaceuticals & Healthcare Report Q3 2012

LogoBMI View: Despite the country's calls for cheaper pharmaceutical access, we maintained that China will be a highly attractive market for pharmaceutical players. In addition, its strong pharmaceutical and medical devices trade in 2011 and in the first quarter of 2012 highlight that the general weakness in its macroeconomic has not filter down to the sector and instead the sector performance will largely hinge on the country's healthcare reform plans and the subsequent release of its Second National Essential Drug List this year.

Cotton Wool/Buds/Pads in Germany - New Market Report Now Available

LogoCotton wool/buds/pads remained a very mature and saturated category within tissue and hygiene in Germany in 2011, and the low growth in current value terms has to be seen as a success rather than a failure. There is a lack of growth opportunities on the one hand, and competition from other categories, especially personal wipes and cosmetic wipes, on the other. Wipes are of greater interest to manufacturers, as they offer more opportunities regarding new product development, as well as marketing...

Eye Care in the Netherlands - New Market Research Report

LogoEye care remained small in size in the Netherlands, due to relatively low levels of promotion and new product development. In 2011, current value sales continued to grow due to higher demand from consumers who seek a solution for eye irritation. High exposure to computer and phone screens is triggering cases of eye irritation but promotional activity remained low when compared with other consumer health categories.

Menswear Retailing in the UK | Verdict Market Report - New Market Report Now Available

LogoMenswear volumes are set to grow in 2012 for the first time since 2008, as inflationary pressures on the market ease and men take more of an interest in fashion, style and their personal appearance. In 2011 visitor share in menswear reached its lowest level since 2007, but as the economy begins to show signs of recovery, new trends in menswear will offer major opportunities to retailers.

New Market Study: "Prescribing Influences: Schizophrenia - Plethora of antipsychotics fail to address negative symptoms"

LogoDatamonitor conducted a primary research survey of 140 psychiatrists across the seven major markets on their schizophrenia treatment choices and prescribing habits. A greater understanding of unmet needs and the factors that influence the prescription of drugs will aid companies in effectively positioning their treatments in the increasingly competitive schizophrenia market.

Colour Cosmetics in Bulgaria - New Market Report Now Available

LogoThe two major direct selling companies in Bulgaria - Avon Bulgaria and Oriflame Bulgaria - have traditionally been the leaders in colour cosmetics. In 2008, however, Oriflame Bulgaria fell from second to third position with L'Oreal Bulgaria occupying second place; In 2011, Avon Bulgaria falls from first to fourth, with L'Oreal Bulgaria assuming top spot and Oriflame Bulgaria back in second, in retail value share terms.

"Romania Commercial Banking Report Q3 2012" Now Available at Fast Market Research

LogoBMI View: Romania's commercial banking sector is likely to struggle by way of growth and profitability in the coming quarters. Beleaguered European parent banks and Romanian subsidiaries' dependence on external funding is likely to curtail credit growth, while the sector's exposure to foreign currencydenominated loans poses a risk to systemic stability. As domestic banks repair their balance sheets in the medium term, we expect profitability to suffer. We maintain our downbeat outlook for the Romanian commercial banking industry. The high proportion of western European banks operating in the country and their Romanian subsidiaries' dependence on external funding is likely to weigh on credit extension. Concurrently, as the Romanian economy slows, with the eurozone sovereign debt crisis weighing on the country's trade and investment outlook, demand for credit is also set to cool, while domestic sources of funding will also become harder to come by. The domestic banking sector's high exposure to foreign currency (FX) loans (around 64% of total loans), is also likely to curtail credit growth. As Romanian banks look to repair their balance sheets in the coming quarters, we have revised down our 2012 and 2013 loan growth forecast to 1.25% and 3.00% respectively, from 1.50% and 3.80% previously. Data from the Bank of International Settlements (BIS) for Q311 show the Romanian banking sector's dependence on external, and particularly European, funding. European banks' foreign claims on Romania comprise around 88% of total banking sector assets, with Austrian banks making up around 32% of total banking sector assets. The recent signing of the Vienna Initiative 2.0 agreement is likely to provide some respite for Romania's domestic banks, as western European parent banks are less likely to cutback subsidiary funding. However, the high proportion of peripheral eurozone banks operating in Romania, with Greek and Italian banks' foreign claims as a percentage of total banking sector assets standing at a high 16.0% and 11.3% respectively in Q311, underpins our bleak outlook for the industry. Recent data from the National Bank of Romania (NBR) show that the percentage of banking sector assets held by foreign-owned institutions has continued to decline to 83.1% in Q411, from 84.6% in Q311. Although this figure remains very high and reinforces our view that an all out withdrawal of core eurozone banks from Romania is an unlikely outcome, (see our online service, January 23, 'Credit Crunch Risks To the Fore'), we continue to expect peripheral banks to limit their loanbook exposure to Romania. Greek lender Piraeus Bank has already seen its assets in Romania decline by 9.4% year-onyear (y-o-y) year-to-date in September. As a number of embattled Greek banks, such as Alpha Bank, struggle to maintain profitable operations in the months ahead, we expect eurozone peripheral bank deleveraging to continue. As a result, we have revised down our asset growth forecast for 2012

Recently Released Market Study: Malaysia Freight Transport Report Q4 2012

LogoOur Malaysia freight outlook remains comparable to last quarter, with subdued economic growth holding back transport demand. However, the release of new official freight volume data for past years has caused us to rework some current estimates and forecasts; in addition we continue to monitor a range of downside risks. On economic growth, we still take a below-consensus position, stressing the dampening effects of lower demand from the country's key export markets such as Singapore, the US, and China. We also note structural changes within the country that are shifting the drivers of growth from outward-facing exports to inward-based consumer demand, and from manufacturing to services.

Recently Released Market Study: Israel Commercial Banking Report Q3 2012

LogoBMI View: We expect asset growth within Israel's commercial banking sector to drop off in the coming quarters as the domestic economy runs into a soft patch, forecasting total asset growth to fall to 5.0% in 2012, compared with 9.7% last year. However, we stress that the sector is in a strong position to weather the impact of a slowdown, given relatively low leverage ratios and minimal concerns over asset quality. We hold to our view that asset expansion in the Israeli commercial banking sector is set to slow throughout 2012. Israeli banks performed relatively well in 2011, in spite of the sluggish global economy, with total assets growing 9.7% to ILS1.2trn (US$312.8bn). However, with a domestic slowdown likely to bite in the coming quarters (see our online service, March 7, 'No Avoiding A Slowdown In 2012'), we expect the sector to fare worse this year, forecasting asset growth of just 5.0%. Moreover, we flag up some downside risks to our outlook, in particular ongoing economic uncertainty in several of Israel's main trading partners, as well as persistent questions over the state of the domestic housing market. That said, we stress that banks are well-placed to weather the impact of decelerating economic momentum, even if either of the above risks plays out. The sector's aggregate balance sheet position looks robust, with a low loan-to-deposit ratio, minimal concerns over asset quality and a high proportion of liquid assets in banks' portfolios. While profitability within the sector has been slack - and is likely to remain so in 2012 - four out of the country's five largest commercial banks reported an uptick in net profits last year, suggesting that the overall condition of the sector remains in good shape. Israel Commercial Banking Report Q2 2012 © Business Monitor International Ltd Page 36 Stuttering Economy To Weigh On Asset Expansion Deposit growth sped up significantly throughout 2011, reaching 10.6% y-o-y in December, up from 3.6% at the beginning of the year. The healthy rate of expansion was driven by relatively strong economic growth - real GDP growth came in at 4.7% in 2011 - and was further bolstered by several of the economic reforms introduced by the Trajtenberg Committee (established by the government in response to last year's 'tent protests'), which included a reduction in lower-band tax rates, new social spending measures and increased tax credits for families. However, we expect deposit growth to tick lower in the coming quarters. Available leading indicator data suggest that economy has hit a soft patch, with both the Bank Hapoalim Purchasing Managers' Index and the Bank of Israel's 'state of the economy' index pointing a significant slowdown in domestic consumption. We are forecasting real GDP growth to fall to 3.2% in 2011. Although a public sector pay hike implemented by the government following a general strike in March offers some upside potential for the banking sector's stock of customer deposits, we nevertheless for

South Korea Real Estate Report Q4 2012 - New Market Research Report

LogoThe South Korea Real Estate report examines the Commercial Office, Retail, Industrial and Construction segments in the context of a slowing economy vulnerable to international macroeconomic headwinds. With a focus on the principal cities of Daegu, Busan and Seoul, the report covers the city-state's rental market performance in terms of rates and yields and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of the country's selection as host of the 2018 Winter Olympics placing South Korean real estate sector back under the spotlight. The successful bid will see a renewed focus on the sector over the coming years in the lead up to the main event. More-likely-than-not, South Korea will also see a general increase in tourist arrivals as a result. In turn, this trend will prove to be a long-term boon to the construction and property industries. All of this, of course, will be taking place under the watchful eye of the investment community, in South Korea and overseas. In light of this, BMI has updated its quarterly South Korea Real Estate Report accordingly to meet this heightened interest in the sector, incorporating newly collected data covering the opening 6 months of 2012.

Germany Metals Report Q3 2012 - New Market Research Report

LogoBMI's latest Germany Metals Report predicts that the German steel market is losing momentum and that steel-makers are likely to review their operations in the country over coming months, with the likelihood of temporary blast furnace closures and reduced output.

Recently Released Market Study: Hungary Power Report Q3 2012

LogoBMI View: Hungary is faced with modest power demand growth, relatively high electricity pricing and some tough decisions over the timing and type of supply expansion programme it is to implement. It harbours long-term ambitions to export surplus power to Germany, but this requires an early decision on nuclear capacity investment. The life of existing reactors looks set to be extended, but new units are almost certain to be added. A concerted effort is also underway to enlarge the country's renewables capability, but progress is slow relative to the country's European peers.

New Market Study Published: United Arab Emirates Defence & Security Report Q4 2012

LogoBMI's latest UAE Defence & Security Report for Q4 2012 examines the country's strategic position in the Middle East and the wider world. It provides an overview of the contemporary geopolitical challenges facing the country, and the challenges it may face in the future, especially in the context of tensions with Iran and of the Arab Spring.

Recently Released Market Study: Vietnam Defence & Security Report Q3 2012

LogoThis Vietnam Defence and Security Report examines the country's strategic position in South-East Asia and the wider world. It provides an overview of the contemporary geopolitical challenges facing the country, and the challenges it may face in the future.

Market Report, "Lithuania Pharmaceuticals & Healthcare Report Q3 2012", Published

LogoBMI View: We continue to hold our subdued outlook for the Lithuanian pharmaceuticals market during the next few years, on account of the changing economic and demographic situation. While volume demand will be pushed up by the country's ageing population and its morbidity profile, public contribution to healthcare spending will continue to decline, with fiscal austerity measures expected to remain in place for the foreseeable future. We therefore forecast generic medicines' value share of the total market rising from 41.8% calculated for 2011 to over 45.5% in 2016.

"Kuwait Information Technology Report Q3 2012" Now Available at Fast Market Research

LogoBMI View: Kuwait IT spending is expected to reach US$913mn in 2012, up 6%, with BMI downwardly revising its forecast due to macroeconomic factors. Kuwait, the third-largest computer market in the Gulf, reported strong PC sales in 2011, and local IT spending should continue to provide opportunities for IT vendors over our five-year forecast period. Drives will include government projects, population growth, and strong demand from the construction and oil and gas sectors.

Market Report, "India Information Technology Report Q3 2012", Published

LogoBMI View: Indian IT spending is expected to reach US$20.3bn in 2012, up 14%, with government IT procurements at state and federal level helping to generate spending. Despite a dip in Q411, due largely to exogenous factors, India's potentially vast IT market appears set to continue a strong recovery in 2012 owing to a growing economy and healthy consumer sentiment. Realisation of the market's long-term potential depends on raising India's low computer penetration and the government's ambitions to connect the vast rural areas to the outside world. The next layer of tier-3 and tier-4 towns, beyond the top 75 cities in India, is expected to be the major growth driver for the next few years, due to rising PC penetration.

Recently Released Market Study: Ecuador Oil & Gas Report Q3 2012

LogoBMI View: In spite of the volatile licensing and regulatory environment, Ecuador continues to attract some international investment and is pumping its own cash into field development in order to slow a decline in output and ward off falling oil exports. There is, however, limited scope for sustained volume growth.

"Mining Quarterly Deal Analysis: M&A and Investment Trends - Q2 2012" - New Market Report

LogoGlobalData's "Mining Quarterly Deal Analysis: M&A and Investment Trends - Q2 2012" report is an essential source of data and trend analysis on mergers and acquisitions (M&As) and financings in the mining industry. The report provides detailed information on M&As, equity/debt offerings, private equity (PE), and partnership transactions registered in the mining industry in Q2 2012. The report provides detailed comparative data on the number of deals and their value in the last five quarters segregated into deal types, segments, and geographies. Besides, the report provides information on the top advisory firms in the mining industry.

"Mining Market in Western Africa - Growth Built around Infrastructure Development and Capital Investment in Gold and Iron Ore Mining" Published

LogoGlobalData's report, 'Mining Market in Western Africa - Growth Built around Infrastructure Development and Capital Investment in Gold and Iron Ore Mining' provides key information and analysis of the West Africa regions mining industry. The report covers the industry's drivers and restraints, production, reserves, and details of fiscal terms governing the mining sector of different countries in West Africa.

New Market Study: "Planned Oil and Gas Pipelines - Global Market Analysis, Competitive Landscape and Major Projects to 2016"

Logo"Planned Oil and Gas Pipelines - Global Market Analysis, Competitive Landscape and Major Projects to 2016", is the latest report from GlobalData, the industry analysis specialist, that analyzes the global planned oil and gas pipelines market. The report provides information about the global planned pipelines market until 2016. The report gives information on planned pipeline lengths by the top five countries and the top five companies in each region. It also covers key planned pipeline projects in each region. The report also provides key trends and issues in the pipeline industry. The report is built using the data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's team of industry experts.