WARSAW, Feb 13 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Friday.
MILLENNIUM
Polish Bank Millennium <BIGW.WA> posted a 71 percent fall in
fourth-quarter net earnings due to provisions and writedowns
related to soured foreign currency contracts with corporate
clients, but the figure was better than expected. []
PKN ORLEN
Poland's leading refiner PKN Orlen <PKNA.WA> is interested
in buying concessions from Ukraine for extracting oil in Libya,
daily Dziennik said on Friday.
ROMPRETROL RAFINARE
Rompetrol Rafinare <ROMP.BX>, the refining unit of Romania's
No. 2 oil company Rompetrol Group, posted a loss of 490 million
lei in 2008 versus 314 million lei the previous year, daily
Ziarul Financiar reports.
TAROM
Romanian state-owned air carrier Tarom estimates a loss of
roughly $28 million for 2008 due to larger fuel costs, writes
local news agency Agerpress.
RENAULT
Sales of Romanian carmaker Dacia, owned by French Renault
<RENA.PA>, rose by more than 12 percent in 2008 to 258,472 cars,
daily Evenimentul Zilei writes. A director for Renault called
Dacia's no-frills Logan model an "oasis of quiet" for the group.
BECHTEL
Romania will annul its contract with U.S. construction giant
Bechtel to build the country's biggest motorway in Transylvania
unless the two parties sign a new protocol concerning the works
within a week, Agerpres cites the transport minister as saying.
FORD <F.N>
U.S. carmaker Ford has asked the European Investment Bank
for a 400 million euro loan needed for investment at its plant
in Romania. Romania will guarantee for the loan, says Ziarul
Financiar.
TVN
Loans taken on by ITI Group do not contain any covenants
that would force it to sell shares in Polish media group TVN
<TVNN.WA> if the price fell to a specific level, ITI's chief
executive told Reuters on Thursday. []
BRD
Romania's No. 2 bank BRD <BRDX.BX>, controlled by Societe
Generale <SOGN.PA>, posted a 46 percent rise in 2008 net profit
on Thursday, beating market expectations. []
BZ WBK
Moody's rating agency downgraded BZ WBK's <BZWB.WA> currency
long-term bank deposit rating to A2 from A1, following a cut in
rating of its parent bank AIB's <ALBK.I>. The outlook is stable.
EUROPEAN MARKETS
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Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
Top 25 European pct gainers............<.PG.PEUR>
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European Equities speed guide.............<EUR/EQUITY>
Pan European indices.....................<EUR/INDICES1>
Pan European analysis.....................<EUR/STATS1>
REGIONAL INDICES
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