EMERGING EUROPE STOCKS - Factors to Watch Sept 3

                                
 WARSAW, Sept 3 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Wednesday.
                                
 
                                
 STRABAG
                                
 Austrian builder Strabag <STRV.VI> plans to invest 220
million euros to build a cement plant in Romania, daily Business
Standard reports.
                                
 
                                
 ECM
                                
 Banks are reluctant to finance residential projects and
funding conditions for developers have worsened, Milan Janku,
chief executive and the majority owner of Czech developer ECM
<ECMPsp.PR> told daily Hospodarske Noviny.
                                
 
                                
 PKN ORLEN
                                
 The third-quarter net profit at Polish oil refiner PKN Orlen
<PKNA.WA> may be reduced by 200 million zlotys were the price of
oil and the dollar to stay at the current levels by the end of
this month, newspaper Parkiet reports citing calculations from
BRE Bank oil analyst Kamil Kliszcz.
                                
 
                                
 KGHM
                                
 Erste Bank cut copper miner KGHM <KGHM.WA> to 'hold' from
'buy' and slashed its target price by 46 percent to 74 zlotys,
citing a 'significant' risk of a copper price slump.
                                
 
                                
 PULAWY
                                
 Polish chemicals company Pulawy <PULW.WA> will pay out 82
million zlotys, or 4.3 zloty per share, in dividend for the
2007/2008 fiscal year, it said in a statement on Tuesday.
                                
                                           [ID:nL2121897]
                                
 
                                
 PEKAO
                                
 Italian bank UniCredit <CRDI.MI> agreed on Tuesday to buy a
4.1 percent stake in its Polish unit Pekao <BAPE.WA> from the
state treasury.                               [ID:nL2167464]
                                
 
                                
 AAA AUTO
                                
 Used car dealer AAA Auto <AAAA.BU> has appointed Russell
Cort as the new chief executive of its Hungarian subsidiary,
Nepszabadsag's Hungary Around the Clock service reports.
                                
 
                                
 EUROPEAN MARKETS
                                
 European stock futures fell early on Wednesday, pointing to
a weaker start for key European share indexes on hefty declines
in commodity prices and worries over global economic growth.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks fell on Tuesday, as a steep decline in the price
of oil and other commodities hammered energy and materials
companies while tech shares fell amid jitters a global economic
slowdown would crimp technology spending.
                                
 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=2.059 Zloty)
 ($1=2.092 Zloty)
 ($1=2.220 Zloty)
 ($1=29811 Lei)