Czech Republic - Factors To Watch on Sept 4

                                
 PRAGUE, Sept 4 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)
======================== ECONOMIC DATA ========================
                                
 July foreign trade at 0700 GMT.
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on Czech currency.............................[CZK/]

============================= EVENTS= ========================
                                
 PRAGUE - State-owned Czech Airlines (CSA) to hold a news
conference on H1 results with Chairman Radomir Lasak and member
of the board for economy Lubos Cerny at 0800 GMT.
                                
 Related news: [RTRS-LEN-CZ-AIR]
                                
 
                                
 PRAGUE - Trade union leader (CMKOS) Milan Stech to hold a
news conference on new labour code and 2009 wages (0830 GMT).
                                
 Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 PRAGUE - Labour and Social Affairs Minister Petr Necas to
hold a news conference on adjustment of pensions (1230 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Developer Orco Property Group <ORCOsp.PR> Senior
Vice President Ales Vobruba to present H1 results at 1300 GMT.
                                
 Related news: [RTRS-LEN-CZ-REAM]
                                
 
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-LEN-CZ-CEN]

========================= TOP NEWS ============================
                                
 BRNO BIDS TO BE GLOBAL BIOTECH HUB: Just a few steps from
the monastery where Gregor Mendel pioneered the field of
genetics some 150 years ago, Czech officials hope to nurture
their own biotech revolution.
                                
 Story: [ID:nL434345] Related news: [RTRS-LEN-CZ-BIOT]
                                
 
                                
 PRAGUE MART COULD ENTICE NASDAQ BID: Nasdaq OMX Group Inc
<NDAQ.O> could bid for a majority stake in the Prague Stock
Exchange, which is on the auction block and would give the U.S.
company a foothold in the hotly contested region, sources
familiar with the situation said.
                                
 Story: [ID:nL430636] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 FX FALLS AS DOLLAR, GROWTH CONCERNS WEIGH: Emerging European
currencies edged lower versus the euro in late trade on
Wednesday led by the Czech crown and Polish zloty, as dealers
said a pause in the dollar's rally shifted trade to technical
flows.
                                
 Story: [ID:nL4640810] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 ZENTIVA REPEATS REJECTS SANOFI BID: Sanofi-Aventis's
<SASY.PA> offer for Czech generic drug maker Zentiva
<ZNTVsp.PR>, which values it at 40 billion crowns ($2.34
billion), does not reflect the company's worth and should not be
accepted, the company's chief executive told shareholders on
Wednesday.
                                
 Story: [ID:nL4597312] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 ZENTIVA CEO SEES TAKEOVER, ACQUISITION: Czech drugs maker
Zentiva <ZNTVsp.PR> seeks to partner with other players on the
pharmaceutical market to boost presence in target markets, the
company's chief financial officer said on Wednesday.
                                
 Story: [ID:nL3101481] Related news: [RTRS-LEN-CZ-DRU]
                                
 
                                
 CZECHS SELL CZK 566 MLN OF 10 YR BOND: The Czech Finance
Ministry sold 566 million crowns ($33.06 million) worth of
10-year government bonds <CZ1001903=> <CZ9YT=RR> at an average
yield of 4.569 percent in the second, non-competitive round of
an auction on Wednesday.
                                
 Story: [ID:nL3101481] Related news: [RTRS-LEN-CZ-FRX]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,452.1  1,471.2   -1.30        -20.00
 vs Euro     <EURCZK=>  24.835   24.835   +0.00         +6.70
 vs Dollar      <CZK=>  17.084   17.159   +0.38         +6.29
 U.S. Equities  <.DJI>  11,533   11,517   +0.14        -13.06
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST===========================
                                
 AIRPORT SALE: Seven bidders have shown interest so far to
advise the Czech government on Prague Airport sale.
                                
 Mlada fronta Dnes, page B4
                                
 
                                
     Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
 
                                
 For Instant Views of key economic data click on
                                
[CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 For an economic indicator diary for the euro zone, the United
 States and other Group of Seven countries see         <G7TODAY>

 For real-time stock market index quotes click in brackets:
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
 News editor of the day: Mike Winfrey on +420 224 190 479;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)