Czech Republic - Factors To Watch on Nov 22

PRAGUE, Nov 22 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday:

ORCO RESULTS

Developer Orco Property Group <ORCO.PA> <ORCOsp.PR> publishes nine-month results. It is expected to have more than doubled nine-month net profit year-on-year due to acquisitions and a revaluation of assets, a Reuters survey showed.

[nL21547304] [RTRS-LEN-CZ-ORCO.PA]

BOND AUCTION

The finance ministry launches a new 3-year benchmark government bond issue in an auction to be conducted by the central bank.

- For auction details and results, click on <CNB08>.

CABINET MEETING

The outgoing cabinet meets in a regular weekly session. News conference is tentatively scheduled for 11 a.m. (1000 GMT).

[RTRS-LEN-CZ-POL]

LABOUR CODE

Trade union leader (CMKOS) Milan Stech holds a news conference on a draft Labour Code at 2 p.m. (1300 GMT).

[RTRS-LEN-CZ-MCE]

NO ECONOMIC DATA ARE DUE FOR RELEASE

- For calendar of real-time economic indicator releases and consensus market forecasts, double click on <ECONCZ>.

[CZ/INSTANT] [RTRS-LEN-CZ-ECI]

CALL FOR FISCAL CONSOLIDATION

A booming economy gives the Czech Republic an opportunity to implement needed reforms to contain the rising costs of pensions and healthcare as it looks to adopt the euro, the IMF said.

[nL21779080] [RTRS-LEN-CZ-IMF]

UNIPETROL EYES REFINERY STAKE Czech oil group Unipetrol <UNPEsp.PR> remains strongly interested in raising its 51 stake in the country's largest crude oil refinery by buying out its U.S. partner ConocoPhillips <COP.N>.

[nL21583858] [RTRS-LEN-CZ-UNPEsp.PR]

Overview of past economic data and market forecasts <CZ/ECON15> For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts <CZ/ECON01> For diary of forthcoming Czech events [CZ/DIARY] For calendar of east European economic indicators [CONV/DIARY] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST]

For an economic indicator diary for the euro zone, the United States and other Group of Seven countries see <G7TODAY>

For real-time stock market index quotes click in brackets: Warsaw WIG20 <.WIG20> Budapest BUX <.BUX> Prague PX <.PX>

News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net

((Compiled by Marek Petrus; Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; e-mail: prague.newsroom@reuters.com or marek.petrus@reuters.com; Tel: +420 224 190 477))