EMERGING EUROPE STOCKS - Factors to Watch Aug 13

                                
 WARSAW, Aug 13 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Wednesday.
                                
 
                                
 ROMPETROL
                                
 Romania's second largest oil company Rompetrol <ROMP.BX>
plans to build 250-300 petrol stations across the country by
2012, that would increase its market share to 31 percent from 25
percent, Ziarul Financiar writes.
                                
 
                                
 CEZ
                                
 Czech power group CEZ <CEZpsp.PR> is unlikely to launch a
share buyback before the end of the year as it must wait until
shares it bought in a previous buyback are cancelled, writes
Hospodarske Noviny.

                                
 PRAGUE BOURSE
                                
 State-run Warsaw Stock Exchange may not be able to bid for
the Prague Stock Exchange as one of the conditions of the sale
stipulates that a bidder must not be majority owned by the
state, reports Hospodarske Noviny.
                                
 
                                
 PGNIG
                                
 Poland's gas monopoly PGNiG <PGNI.WA> reports a 14 percent
drop in second-quarter net profit on Wednesday, significantly
below analyst expectations.                         [nWAR007196]
                                
 PGNiG is seeking permission to raise its gas prices, but is
unlikely to get it from the energy watchdog, writes Dziennik.
                                
 
                                
 PKN
                                
 Poland's largest refiner PKN Orlen <PKNA.WA> reports a 46
percent jump in net profit, beating market expectations due to
inventory revaluations.                             [nLC722924]

                                
 LOTOS
                                
 Poland's second-largest petroleum refiner Lotos <LTOS.WA>
posts a 66 percent jump in net profit, beating expectations,
thanks to higher margins and one-offs.             [nLC583428]
                                
 
                                
 KGHM
                                
 Europe's biggest copper miner KGHM <KGHM.WA> has officially
rejected its trade unions' wage demands, writes Puls Biznesu.
                                
 
                                
 ROMTELECOM
                                
 Romania plans to float a minority stake in leading landline
telephone operator Romtelecom, majority owned by Greece's OTE
<OTEr.AT>, next year, the government said on Tuesday.
                                
                                               [ID:nLC725564

                                
 EUROPEAN MARKETS
                                
 European shares were set to track U.S. and Asian markets
lower at the open on Wednesday on worries over economic growth
and financial sector losses, with investors eyeing company
results and U.S. retail sales data for cues.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks fell on Tuesday as bank shares tumbled on fresh
worries about the economy and further losses stemming from the
mortgage crisis. News that JPMorgan Chase <JPM.N> has racked up
$1.5 billion of losses so far this quarter on mortgage-linked
assets sent the bank's stock down more than 9 percent.
                                
 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)