EMERGING EUROPE STOCKS - Factors to Watch June 19
(Adds Romania)
WARSAW, June 19 (Reuters) - Here are news stories, press reports and events to watch which may affect Central/Eastern Europe's financial markets on Thursday.
TERMOELECTRICA
State-owned power producer Termoelectrica has formed a
consortium with Italy's Enel (ENEI.MI) and Germany's E.ON
EONG.DE to build a new 800 MW hard coal power unit in
south-eastern Braila, daily Ziarul Financiar reports.
The investment, seen at around 1 billion euros, is pending a feasibility study that should be completed by the end of 2008.
TIRIAC
A unit of local Tiriac Holdings, owned by businessman Ion Tiriac, will kick off a 1 billion euro real estate project in 2010 near capital city Bucharest, daily Ziarul Financiar reports.
ZENTIVA
Zentiva NV ZNTVsp.PR board of directors will release a
statement "within several days" in which it will recommend to
investors how to respond to bids by two major shareholders --
Sanofi-Aventis's (SASY.PA) and PPF's takeover bids, Zentiva CEO
Jiri Michal tells Mlada Fronta Dnes daily.
For news on the battle over Zentiva double click on [ZNTVsp.PR-MRG]
AAA
Czech used car dealer AAA Auto Group NV (AAAAsp.PR) is
likely to leave the Polish market and will decide on Romanian
business by the end of the year, writes E15.
For more news on AAA double click on [AAAAsp.PR]
CIECH
Polish chemicals maker Ciech CECH.WA plans to buy a majority stake in smaller state-owned rival Tarnow, it says on Wednesday after buying a 6.5 percent stake in an IPO.
[ID:nL18498696]
For more IPO news double click on [IPO-CEEU]
RWE
German power group RWE (RWEG.DE) may be interested in buying
a closed mine in southern Poland that could be worth 200 million
zlotys, Rzeczpospolita writes, without citing sources.
EUROPEAN MARKETS
European shares are set for a mixed start on Thursday, in which British stocks are expected to open largely unchanged as heavyweight commodity stocks get a lift from raw material prices, while French and German stocks are in for a modest decline.
For the latest news on European markets, double click [.EU]
WALL STREET
The Dow industrials sank to their lowest close in three months on Wednesday after slipping below 12,000 for the first time since mid-March, as worries about a weak economy compounded credit sector concerns and drove shares of banks, autos and transportation companies sharply lower.
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 ($1=2.175 Zloty) ($1=2.215 Zloty) ($1=2.180 Zloty)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters