EMERGING EUROPE STOCKS - Factors to Watch Sept 9

                                
 WARSAW, Sept 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
                                
 
PETROLINVEST
                                
 Kazakh companies are interested in increasing their stake in
Polish oil exploration firm Petrolinvest <PROL.WA> next year
beyond 40 percent, which they will get under an equity swap deal
to be finalised soon, Parkiet daily wrote on Tuesday.
                                
 
                                
 PBG
                                
 Poland's largest construction company by market value PBG
<PBGG.WA> expects its orders backlog to rise to as much as 6
billion zlotys by year-end from 4.9 billion now, newspaper Puls
Biznesu quotes supervisory board member Jacek Krzyzaniak.
                                
 
                                
 PULAWY
                                
 UniCredit cuts Poland's fertiliser maker Pulawy <PULW.WA> to
'hold' and reduced its target price for the stock by 32 percent
to 106 zlotys, citing weaker prospects for commodity prices.
                                
 
                                
 POL-AQUA
                                
 Polish engineering company Pol-Aqua <PQAA.WA> wins 124
million-zloty contract for demolition of a stadium in Warsaw,
the company said in a statement on Monday.
                                
 
                                
 INTER CARS
                                
 Erste Bank cuts auto components distributor Inter Cars
<IRCR.WA> to 'hold' from 'buy' and reduces its target price for
the stock by 58 percent to 59 zlotys, citing 'lukewarm' outlook
for the company's earnings.
                                
 
                                
 AMBRA
                                
 Erste Bank restarts Poland's winemaker Ambra <AMRR.WA> with
'sell' and sets its target price at 2.5 zlotys, saying the stock
was overvalued due to low chances of strong operating
improvement.
                                
 
                                
 ORCO
                                
 Property developer Orco Property Group <ORCOsp.PR> began
cutting prices of flats in Poland to boost sales, newspaper
Mlada fronta Dnes reports.
                                
 
                                
 VOLKSWAGEN
                                
 Volkswagen's <VOWG.DE> Czech unit Skoda Auto is developing a
low-cost model for Indian market, newspaper Hospodarske Noviny
writes.
                                
 
                                
 OLTCHIM
                                
 Chemical company Oltchim <OLTC.BX> plans to increase its
share capital to 9.8 million euros ($14.06 million) from around
9 million currently, newspaper Ziarul Financiar reports.
                                
 
                                
 EUROPEAN MARKETS
                                
 European shares were seen mixed on Tuesday after the
Monday's strong rally, as renewed economic worries offset the
positive impact of lower oil prices and a weakening euro.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks rose on Monday as investors bet Washington's
bailout of mortgage finance giants Fannie Mae <FNM.N> and
Freddie Mac <FRE.N>  would stabilize the U.S. housing sector and
calm jittery world financial markets.
                                
 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)