EMERGING EUROPE STOCKS - Factors to Watch Aug 12

                                
 WARSAW, Aug 12 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
                                
 
                                
 ZENTIVA
                                
 Czech drugs maker Zentiva called an extraordinary
shareholders meeting (EGM) for Sept. 3 to discuss a 30 billion
crown ($1.86 billion) takeover bid from French drugs maker
Sanofi-Aventis <SASY.PA>.                          [nLC325433]
                                
 
                                
 MOL
                                
 Hungarian oil and gas firm MOL <MOLB.BU> more than
quadrupled its net income in the second quarter largely due to
big forex gains on its debts and strong downstream and upstream
performance.                                       [ID:nLB44960]
                                
 
                                
 TVN
                                
 Poland's top listed media group TVN <TVNN.WA> reported a
50-percent rise in second-quarter net profit on Tuesday, beating
expectations, thanks to strong  advertising sales and one-off
financial gains.                                   [nWAR007184]
                                
 
                                
 AGORA
                                
 Net profit at Polish media group Agora <AGOD.WA> fell 35
percent in the second quarter, widely missing analyst
expectations, as wage increases weighed on results. [nWAR007183]
                                
 
                                
 ASSECO
                                
 Poland's largest software maker Asseco Poland <SOBK.WA>
posts a second-quarter net profit three times as high as a year
ago, beating expectations, thanks to acquisitions and gains from
a large bank contract.                              [nLC35671]
                                
 
                                
 ASSECO
                                
 Asseco is in early talks to buy Romanian software company
Siveco to cash in on upcoming tenders in the country, newspaper
Puls Biznesu reported citing the company's Chief Executive Adam
Goral.
                                
 
                                
 WARSAW BOURSE
                                
 The head of the Warsaw bourse confirms interest in taking a
stake in the Prague Stock Exchange, Rzeczpospolita quoted him as
saying.
                                
 
                                
 PEKAO <BAPE.WA> STAKE SALES
                                
 Poland's treasury ministry expects to sign in September a
deal to sell its remaining 4 percent stake in Bank Pekao to its
controlling shareholder, Italy's UniCredit <CRDI.MI>, newspaper 
Dziennik reported.
                                
 
                                
 BRDT
                                
 Romania's second largest bank, BRD, controlled by France's
Societe Generale <SOGN.PA>, reported a 23-percent increase in
first-half net profit on Monday, below market expectations.
                                
 [ID:nLB250046]
                                
 
                                
 LUKOIL ROMANIA
                                
 Lukoil Romania, the local unit of Russia's Lukoil <LKOH.MM>,
recorded a 33 percent fall in net profit to $12 million in the
first half of the year, due to higher operating costs. Its
turnover rose 34 percent to $1 billion, Ziarul Financiar said.
                                
 


                                
 
                                
 GTC
                                
 Globe Trade Centre (GTC) <GTCE.WA>, a Warsaw-listed real
estate company, reports a 30-percent fall in second-quarter net
profit due to one-off earnings last year.        [ID:nLB149767]

                                
 PBG, PGNIG
                                
 Polish construction company PBG <PBGG.WA> has signed a
contract worth 1.7 billion zlotys ($781.6 million) with gas
distributor PGNiG <PGNI.WA> to build installation to explore oil
and gas.                                         [ID:nWAR007180]

                                
 EUROPEAN MARKETS
                                
 European shares are expected to open lower on Tuesday, as
banks fall into the spotlight once again after a
larger-than-expected quarterly loss at UBS <UBSN.VX>, while the
slide in crude oil will likely dent the oil and gas sector.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks rose  on Monday as oil prices closed lower for a
sixth day, improving prospects for consumer and business
spending.
                                
 The gains built on the market's best week since April. The
fall in the price of oil boosted retailers' stocks before a
batch of earnings from Wal-Mart Stores Inc <WMT.N> and others,
as well as energy-sensitive airline shares.
                                
 For latest Wall Street news, double click [.N]

                                
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 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)