Eastern Europe


  • CORRECTED-Med Crude-Urals stable in Baltic Monday, 8 Oct 2012 | 1:17 PM ET

    Russia's Saratov oil refinery, owned by Anglo-Russian crude producer TNK-BP. ,has resumed production after it caught fire last week, TNK-BP said on Monday. Iraqi Kurdistan's leading oil producer, Genel Energy, said it would keep crude exports flowing after the Kurdistan Regional Government finally received an initial payment from Baghdad.

  • TEXT-Fitch affirms OAO Raspadskaya ratings Monday, 8 Oct 2012 | 11:35 AM ET

    Currently Russia's largest steel producer Evraz Group SA and Raspadskaya's management jointly own Corber Enterprises Ltd, the owner of an 82% stake in Raspadskaya, on a parity basis. As a result of the ownership change, Evraz plc, the parent of Evraz Group SA, will obtain Raspadskaya's management's stake in Corber Enterprises.

  • TABLE-Polish long-term economic poll for October Monday, 8 Oct 2012 | 11:26 AM ET

    WARSAW, Oct 8- The following table shows the results of the monthly Reuters poll on Poland's long-term economic indicators. For poll details please double-click. Median forecasts for current economic data releases are available at.

  • WARSAW, Oct 8- Private equity fund Mid Europa Partners filed a 267- million zloty offer for Polish EKO Holding in another stage of a bidding war for the mid-sized store chain, the brokerage running the deal for MEP said on Monday.

  • WARSAW, Oct 8- Polish power firm ZE PAK took a step towards an initial public offering planned for the fourth quarter after the financial market watchdog approved its prospectus, the regulator said on Monday.

  • AKTAU, Kazakhstan, Oct 8- An outspoken critic of Kazakhstan's veteran president was jailed for seven-and-a-half years on Monday for colluding with a fugitive billionaire in a failed attempt to rally oil workers to bring down the government.

  • *Euro zone meeting, debate of possible Spain bailout watched. *Hungary's forint gives back some of Friday gains.

  • INDICATORS - HUNGARY - Updated on Oct 8 Monday, 8 Oct 2012 | 10:59 AM ET

    BUDAPEST, Oct 8- Hungary's latest indicators. Base rate 6.50 pct 2- week deposit rate 6.50 pct. Q2 2012 Q1 2012 FY 2011 Q2 2011.

  • Gazprom expands Nord Stream without gas supply rise Monday, 8 Oct 2012 | 10:55 AM ET

    MOSCOW, Oct 8- Gazprom on Monday launched the second line of the Nord Stream pipeline which brings Russian gas to Germany via the bed of the Baltic Sea, but actual gas volumes remained unchanged due to lack of sufficient growth in demand.

  • WARSAW, Oct 8- Poland's state road operator has been hit with a 1.2 billion zloty compensation claim by Irish builder SRB Civil Engineering, the latest fallout from a troubled construction spree ahead of the Euro 2012 soccer tournament.

  • MOSCOW, Oct 8- Russian stocks fell on Monday, hurt by downgraded growth forecasts for Russia and Asia, while the rouble weakened on lower commodity prices. concerns that China's slowdown could worsen, while the World Bank cut its growth forecasts for the East Asia and Pacific region.

  • Erste mulls selling loss-making Ukrainian unit Monday, 8 Oct 2012 | 10:39 AM ET

    KIEV, Oct 8- Austria's Erste Group Bank could decide by the end of the year to sell its loss-making Ukrainian unit. "Ukraine has not lived up to expectations of economic development and the group is considering the question of whether it should continue working on the Ukrainian market," Erste Bank spokeswoman Yelena Pavlovskaya said on Monday.

  • Protea Biosciences firm finds new global partners Monday, 8 Oct 2012 | 10:18 AM ET

    MORGANTOWN, W.Va.-- Protea Biosciences says it's started new international distributor partnerships with several companies in Israel, Poland, Spain, Portugal and Turkey. The Morgantown, W.Va.- based company says that reflects its continuing, successful expansion.

  • STOCKS NEWS Regional Stocks Stocks on the move REGIONAL INDICES Warsaw WIG20 Bucharest Beti Budapest SE Index Prague PX Zagreb Crobex Sofia Sofix Ljubljana SBI20 Istanbul ISE Moscow RTS. Shares in Central and Eastern Europe's largest insurer PZU.

  • MOSCOW, Oct 8- Russia's gas export monopoly Gazprom said it increased daily gas supplies to Turkey by 60 percent to 48 million cubic metres on Monday after an explosion damaged a pipeline carrying Iranian gas. The company said it increased gas supplies through the Blue Stream underwater pipeline following Turkey's request.

  • PRAGUE, Oct 8- Czech Cal' 13 baseload fell on Monday on lower coal and oil while central European day ahead prices traded above Germany due to soaring peak prices in neighbouring Slovakia and Hungary as cross border capacity was limited in some hours, traders said.

  • Romania sells less than planned at T-bill tender Monday, 8 Oct 2012 | 9:15 AM ET

    BUCHAREST, Oct 8- Romania sold a less than planned 578 million lei in eleven-month treasury bills on Monday, with the average accepted yield at 6.02 percent against 5.26 percent at a July 9 tender, central bank data showed.

  • MOSCOW, Oct 8- MegaFon, Russia's second-largest mobile phone operator, will start pre-marketing for its London initial public offering on Tuesday, several financial market sources said.

  • PRAGUE, Oct 8- Czech electricity producer CEZ. said on Monday a market-test procedure to evaluate its settlement offer to end an EU investigation showed no need for material changes in the plan.

  • LONDON, Oct 8- Britain is in danger of suffering a long-term loss of liquefied natural gas supply as top exporter Qatar sends only left-over short-term deliveries to the UK while more and more of its LNG goes to higher paying Asian customers. Analysts and British energy companies say the strategy rewards Qatar but puts Britain at a significant disadvantage.