WARSAW, July 11 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Friday.
ZENTIVA
Czech central bank (CNB) clears French drugs maker
Sanofi-Aventis <SASY.PA> to publish its counterbid for Czech
drugs maker Zentiva <>. Sanofi can release details of
its offer as of July 10. []
PETROLINVEST
Polish oil company Petrolinvest <PROL.WA> slashed this
year's extraction plans by nearly half to 2000-3000 barrels per
day at year-end, Petrolinvest chief executive was quoted as
saying in daily Parkiet.
LOTOS
Refiner Lotos <LTOS.WA> lost the runner-up position on the
Polish retail market to the local arm of BP, which increased
number of gas stations to 349, daily Puls Biznesu reports. Lotos
operates 346 gas stations across Poland.
KGHM
Chief executive of copper miner KGHM <KGHM.WA> will meet the
company's labour unions next week to discuss potential salary
raises, daily Parkiet reports.
VOESTALPINE
Austrian steelmaker Voestalpine <VOES.VI> bought almost 100
hectares of land near the Black Sea port of Constanta, daily
Business Standard quoted sources involved in negotiations as
saying.
The company has said it was assessing around 10 locations in
Ukraine, Turkey, Bulgaria and Romania for a multi-billion
investment in a new plant and that it would announce its
decision in August of September.
CARREFOUR
Carrefour Romania, the local unit of French retailer
Carrefour <CARR.PA>, said its sales rose 40 percent on the year
to 508 million euros ($799 million) in the first half of 2008,
due to a vast network expansion, Business Standard reports.
CISCO
Cisco Systems <CSCO.O> will decide whether to set up a
development centre in Hungary later this year, local CEO Tibor
Rekasi was quoted as saying. The project would focus on network
technology.
F.SEGURA
Spanish car parts maker F.Segura will build a production
plant in Szolnok by 2010, it was announced yesterday. The
company signed a subsidy contract on Thursday for the 20 million
euro project.
MOL, OMV
Austrian oil company OMV's <OMVV.VI> proposed takeover of
Hungarian rival MOL <MOLB.BU> would create big competition
problems and lead to higher prices, the European Commission
charges in a confidential document. []
CERSANIT
Polish bathroom fittings maker Cersanit <CRSA.WA> will open
a new ceramic tiles plant in the Ukraine in the coming days as
it moves to limit negative impact of the soaring zloty, its
chief executive said on Thursday. []
EUROPEAN MARKETS
European shares are expected to open higher, boosted by
heavyweight oil stocks as crude oil breaks above $140 a barrel,
while a media report of a potential U.S. government rescue plan
for the two top home financing groups offers further support to
the broader market.
For the latest news on European markets, double click []
WALL STREET
U.S. stocks rose on Thursday, helped by optimism about a
major deal in the chemicals sector and after the Federal Reserve
chairman said the central bank and the government are focused on
stabilizing the financial system.
For latest Wall Street news, double click []
OTHER EQUITY NEWS
Stocks on the move [] Real-time Equity News []
Emerging markets equities [] E.Europe equities []
Hot stocks [] Stock markets []
Emerging Europe diaries []
European stocks report []
Major world stock market performance []
FTSE Eurotop 300 index...................<>
DJ STOXX index...........................<>
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 <> Istanbul ISE National 100 <>
Budapest SE Index <> Bucharest Beti <>
Prague PX <> Zagreb Crobex <>
Sofia Sofix <.SOFIX> Ljubljana SBI20 <>
MSCI Global Emerging Markets <.MSCIEF>
FTSEurofirst 300 <>
