EMERGING EUROPE STOCKS - Factors to Watch Aug 6

                                
 WARSAW, Aug 6 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Wednesday.
                                
 
                                
 MOL, OMV
                                
 Austrian oil and gas group OMV <OMVV.VI> says it would no
longer pursue Hungarian rival MOL <MOLB.BU> following a
year-long standoff, saying the European Commission demanded
unacceptable concessions.                          [nL6173476]

                                
 PETROM
                                
 Romania's oil and gas group Petrom <SNPP.BX>, majority owned
by Austria's OMV <OMVV.VI>, reports a 36 percent rise in net
profit in the second quarter, far below market expectations.
                                
                                                [nBUC001093]
                                
 
                                
 DAEWOO
                                
 South Korea's Daewoo is looking into investing 100 million
zlotys ($48 million) in  a refrigerators factory in southeast
Poland, daily Gazeta Wyborcza reports without citing sources.
                                
 
                                
 BLUE AIR
                                
 Romanian low-cost airline Blue Air won a 45 million euros
($69.59 million) contract with state-owned postal service
company Posta Romana to transport mail, Business Standard
reports.
                                
 
                                
 RICHTER GEDEON
                                
 HSBC cuts Richter Gedeon <GDRB.BU> price target to 34,100
forints from 34,600, but maintains "neutral" rating.
                                
 
                                
 Richter Gedeon's Romanian unit posted a 68 percent rise in
sales in the first half of the year to 74.7 million euros,
Ziarul Financiar reports.
                                
 
                                
 PRAGUE BOURSE
                                
 A majority stake in the Prague Stock Exchange (PSE) may soon
be up for sale, the public Czech Television reported, citing its
largest shareholder.                             [ID:nL5199348]
                                
 
                                
 LOT
                                
 Poland's national carrier LOT [LOT.UL] warned on Tuesday it
would need to restructure to avoid a possible cash crunch and
forecast a $133 million operating loss, clouding up an already
uncertain path to privatisation.                  [ID:nL5685714]

                                
 AGORA
                                
 The flagship newspaper of Polish publisher Agora <AGOD.WA>
sold 7.9 percent fewer copies in June than a year earlier, PAP
newswire reported on Tuesday, citing data from industry
monitoring group.                               [ID:nL5218989] 
                                
 
                                
 EUROPEAN MARKETS
                                
 European stock index futures rallied on Wednesday,
suggesting a stronger start to trade, after forecast-beating
results from BNP Paribas <BNPP.PA> and Commerzbank <CBKG.DE> and
a rise in global equities.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks soared on Tuesday after the Federal Reserve
signaled that it is in no rush to raise interest rates and oil
prices tumbled further, spurring the Dow and the S&P to their
best day in four months.
                                
 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)