EMERGING EUROPE STOCKS - Factors to Watch June 26

                                
 WARSAW, June 26 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Thursday.
                                
 
                                
 AXEL SPRINGER, MECOM
                                
 German Axel Springer <SPRGn.DE> is interested in buying
Presspublica, the publisher of Polish daily Rzeczpospolita and
business newspaper Parkiet, daily Gazeta Wyborcza reports. The
company is jointly owned by British fund Mecom <MEC.L> and
Poland's treasury.
                                
 
                                
 AGORA
                                
 Media group Agora <AGOD.WA> says it completed the
controversial purchase of the Polish arm of Internet classifieds
business Trader.com for $54 million.
                                
 For more news on Agora double click [AGOD.WA-LEN]
                                
 
                                
 KGHM
                                
 Shareholders of copper miner KGHM <KGHM.WA> to vote on 9
zloty/share dividend. Poland's treasury, which controls the
company, has said it would likely back the proposal.
                                
 For more news on dividends double click on [CEEU-DIV]
                                
 
                                
 PGNIG
                                
 Polish gas distribution group PGNiG <PGNI.WA> shareholders
meeting.
                                
 
                                
 SOFHARMA
                                
 Bulgaria's drug maker Sopharma <SFARM.BB> plans to invest 8
million euros to build a new drug factory in Serbia by 2009,
daily Pari reports.
                                
 
                                
 BANCA CARPATICA
                                
 Romanian Banca Carpatica <BCCA.BX> denied on Wednesday that
it is in talks to be acquired by Germany's Commerzbank after
local media reported rumours of a takeover earlier in the day,
Business Standard reports.
                                
 The bank's stock was suspended from trading on the Bucharest
bourse after its shares gained 15 percent on the day.
                                
 
                                
 MVN, RWE
                                
 Hungarian power wholesaler MVM plans to join German utility
RWE <RWEG.DE> in a project worth 800 million euros ($1.24
billion) to expand capacity at RWE's plant in northern Hungary,
national daily Nepszabadsag reports.             [nL25611143]

                                
 
                                
 PEKAO
                                
 Europe's fourth-largest bank UniCredit <CRDI.MI>, the
parents of Polish Pekao <BAPE.WA> confirms its earnings target
and said it aimed for compound annual EPS growth of 10-12
percent under its 2008-2010 strategic plan.       [nL26722400]

                                
 
                                
 VISTULA
                                
 The creator of one of Poland's leading jewellery chain
W.Kruk <KRUK.WA> might have lost the battle for control, but he
has not given up and has began to build a stake in Vistula
<VIST.WA>, which won the hostile takeover.   [ID:nL25648465]
                                
 
                                
 GENERALI
                                
 Generali PPF Holding, a joint venture based in the Czech
Republic between Italy's biggest insurer Generali <GASI.MI> and
international finance group PPF, signs a deal to buy local
insurers Ardaf and RAI from PPF Investments for an undisclosed
amount, Ziarul Financiar reports.
                                
 
                                
 BECHTEL
                                
 Global engineering and construction company Bechtel will
need over 8,000 workers at its Transilvania motorway project in
Romania in 2010, a firm official tells Ziarul Financiar.
                                
 The company, which started work on the 415-kilometer
motorway worth billions of euros in 2004, currently employs
close to 3,000 people. The project should be completed in 2013.
                                
 
                                
 EUROPEAN MARKETS
                                
 European stocks are seen retreating on Thursday, trimming
some of the previous session's gains as a drop in oil prices
puts pressure on heavyweight energy stocks, but the fall could
be limited as lower oil eases worries over costs.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks rose on Wednesday, as the price of oil declined,
while the Federal Reserve held its key interest rate steady and
reduced expectations for a rate hike at its next meeting.
                                
 For latest Wall Street news, double click [.N]

                                
 OTHER EQUITY NEWS
 Stocks on the move      [HOT-RTRS] Real-time Equity News    [E]
 Emerging markets equities [EMRG-E] E.Europe equities     [.CEE]
 Hot stocks                   [HOT] Stock markets          [STX]
 Emerging Europe diaries [EMRG-EUROPE-DIARY]

 European stocks report  [.EU]
 Major world stock market performance     [.STX]
 FTSE Eurotop 300 index...................<.FTEU3>
 DJ STOXX index...........................<.STOXX>
 Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
 Top 25 European pct gainers............<.PG.PEUR>
 Top 25 European pct losers.............<.PL.PEUR>
 European Equities speed guide.............<EUR/EQUITY>
 Pan European indices.....................<EUR/INDICES1>
 Pan European analysis.....................<EUR/STATS1>
 
 REGIONAL INDICES
 Warsaw WIG20 <.WIG20>     Istanbul ISE National 100 <.XU100>
 Budapest SE Index <.BUX>  Bucharest Beti <.BETI>
 Prague PX <.PX>           Zagreb Crobex <.CRBEX>
 Sofia Sofix <.SOFIX>      Ljubljana SBI20 <.SBI>
 
 MSCI Global Emerging Markets <.MSCIEF>
 FTSEurofirst 300 <.FTEU3>