PRAGUE, Oct 20 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday.
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] ===========================EVENTS==============================PRAGUE - The lower house of parliament to hold a session, may vote on the 2010 state budget draft in the first reading.
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] ==========================TOP NEWS============================CSA: National carrier Czech Airlines (CSA) tapped the head of Prague Airport to be its new chief executive and drive through a turnaround plan for the loss-making airline.
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REFINERY BACK IN OPERATION AFTER SHUTDOWN: Ceska Rafinerska's <
> refinery in Litvinov is back in full operation after a planned shut down for repairs that began at the end of September, the refiner said on Monday.Story: [
] Related news: [ ]CEZ TO SWITCH TO RUSSIAN NUKE FUEL: Czech power group CEZ <
> will immediately switch to nuclear fuel provided by Russia's TVEL for its Temelin power plant in 2010 instead of doing so in phases as previously planned, a CEZ spokeswoman said on Monday.Story: [
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TEMELIN UNIT RECONNECTION: Czech power group CEZ <
> will finish tests on a turbo-generator at Unit 1 of its nuclear power plant Temelin and reconnect the Unit to the grid on Tuesday, the company said on Monday.Story: [
] Related news: [ ] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct changeclose on day in 2009 Czech Equities <
> 1152 1152 -0,35 34,23 vs Euro <EURCZK=> 25,713 25,733 0,08 3,89 vs Dollar <CZK=> 17,184 17,186 0,01 10,1 U.S. Equities < > 10092,19 9995,91 0,96 14,99 Pvs close or current levels vs prior domestic close at 1600 ==========================PRESS DIGEST========================IPO: Private equity firm Penta Investments is considering an initial public offering of a minority stake in its unit, a betting company Fortuna. The offering could raise around 1 billion crowns ($58.14 million), the paper reports citing two unnamed sources.
Hospodarske Noviny, page 17
JOE BIDEN: During his visit in Prague, U.S. Vice President Joe Biden will speak about the possibility of a selling F-15 and F-16 fighter jets to the Czech Republic. He may also mention the interest of Toshiba Corp's <6502.T> Westinghouse to particiapte in construction of two new blocks at Czech nuclear plant Temelin <
>, the paper reports, citing unnamed sources.Mlada fronta Dnes, page A3
CAR PRODUCTION: Czech car production dropped by 4.5 percent year on year to 711,445 cars in the first nine months of the year. Skoda <VOWG.DE> output dropped by 22 percent in the period to 386,003 vehicles.
Mlada fronta Dnes, page 15
ORCO: Cumulative loss at Orco Property Group <ORCO.PA> exceeded 75 percent of its overall share capital. The company is quickly sliding to negative worth, analysts say.
E15, page 12
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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E-mail: prague.newsroom@reuters.com (Compiled by Jana Mlcochova)