EMERGING EUROPE STOCKS - Factors to Watch Sept 17

                                
 (Adds Romania)
                                
 WARSAW, Sept 17 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Wednesday.
                                
 
                                
 VIENNA INSURANCE
                                
 Austria's Vienna Insurance Group <VIGR.VI> has finalised a
deal to buy the insurance unit of Romania's largest bank BCR,
owned by Erste Bank <ERST.VI>, for 224 million euros ($317.9
million), daily Ziarul Financiar reports.
                                
 
                                
 DISTRIGAZ SUD
                                
 Romanian gas distributor Distrigaz Sud, owned by Gaz de
France <GAZ.PA>, plans to invest 300 million lei ($116.8
million) annually in the next five years to modernise and expand
its network, daily Business Standard reports.
                                
 
                                
 PETROLINVEST
                                
 The European Bank for Reconstruction and Development and
hedge fund Blue Oak signed a preliminary deal to buy as much as
$250 million in new shares of Petrolinvest, the Polish oil
exploration group says late on Tuesday.         [ID:nLG321136]
                                
 
                                
 NETIA
                                
 Poland's No. 2 telecoms group Netia <NTIA.WA> sees
double-digit revenue growth in 2009 as it consolidates a former
Polish unit of Sweden's Tele2 <TEL2b.ST> and eyes other Internet
providers, its chief tells Reuters.             [ID:nLG127936]
                                
 
                                
 CZECH BANKS
                                
 Profits at some Czech banks may be hit by exposure to the
collapsed Lehman Brothers <LEH.N> but in most cases there should
be no impact, a deputy governor of the Czech central bank says.
                                
                                             [ID:nLG73693]
                                
 CEZ
                                
 Czech power group CEZ <CEZPsp.PR> bought a 25 percent plus
one share stake in Polish power station Skawina for 92.6 million
zlotys ($38.8 million).                         [ID:nLG38824]

                                
 
                                
 EUROPEAN MARKETS
                                
 European stocks were seen rising on Wednesday, in a
tentative recovery after sinking to 3-year lows in the previous
session, as embattled insurer AIG <AIG.N> got an emergency $85
billion rescue package from the U.S. Federal Reserve.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
  U.S. stocks rebounded on Tuesday, clawing back a day after
their biggest drop in seven years on growing optimism that U.S.
authorities may finance a rescue of insurer American
International Group <AIG.N>.
                                
 Hopes for a rescue grew after a source briefed on the matter
told Reuters several hours after the market close that the
Federal Reserve was negotiating roughly $85 billion in financing
to keep AIG from collapsing. 
                                
 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=2.384 Zloty)