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Eastern Europe

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  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • MOVES-StanChart, BlackRock, Lazard, Barclays Monday, 1 Oct 2012 | 10:14 AM ET

    The bank named Tom Willett as head of mergers and acquisitions, Europe. He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa.

  • WARSAW, Oct 1- Joint supervision of the euro zone's banks will not be in place as planned by the start of next year, Germany's Europe Minister, Michael Link, said on Monday. "I can state with full certainty that this will not happen in January 2013 because there are too many technical issues, too many expert issues that need to be clarified.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *Acteon valued at 800- 900 mln stg- sources. LONDON, Oct 1- Private equity group First Reserve has sold UK offshore oil and gas services group Acteon to rival KKR, one of two European deals on Monday to fan hopes that private equity firms can still make profitable sales.

  • Electricity for Tuesday delivery rose around 1.75 euros to 49.75 euros per megawatt hour in the over-the-counter market, trading about in line with neighbouring Germany.

  • Molson Coors combines Europe businesses Monday, 1 Oct 2012 | 8:49 AM ET

    Oct 1- Molson Coors Brewing Co said on Monday that it was combining its businesses in Britain and Ireland with those in Central Europe, and it promoted Mark Hunter to run the new operation. It operates in countries including the Czech Republic, Romania, Croatia and Hungary.

  • *Telenor lifts stake to 43 pct through option deal. OSLO, Oct 1- Norway's Telenor has completed its purchase of an increased stake in Russia's Vimpelcom in the face of opposition from co-shareholder Altimo and Russia's anti-monopoly watchdog FAS.

  • Spread fixed on Czech Republic bond tap Monday, 1 Oct 2012 | 8:38 AM ET

    LONDON, Oct 1- The spread on the tap of the Czech Republic's 3.875% May 2022 bond has been fixed at 116 bp over mid-swaps, according to officials involved with the sale. Leads Barclays, Ceska, SG CIB and UniCredit plan to close the book at 1245 GMT and have already attracted orders in excess of EUR1.5bn. Keywords: CZECH REPUBLIC/ BOND TAP.

  • MOSCOW, Oct 1- The head of Russia's anti-trust agency, which has filed a lawsuit to block Telenor from increasing its stake in Russian mobile operator Vimpelcom, said the Norwegian company was in violation of an injuction by a Russian court. Telenor said on Monday it had taken delivery of 71 million shares in Vimpelcom from Egyptian tycoon Naguib Sawiris.

  • PRAGUE, Oct 1- The Czech central state budget showed a 71.4 billion crown deficit at the end of September, narrower than a 105.1 billion deficit a year ago, mainly thanks to higher tax receipts, the Finance Ministry said on Monday.

  • PRAGUE, Oct 1- The Czech central state budget showed a deficit of 71.41 billion crowns at the end of September, the Finance Ministry said on Monday. CZECH STATE BUDGET 01-09/12 01-08/12 01-09/11 revenue 757.14 665.12 741.87 expenditure 828.56 732.14 847.00 balance -71.41 -67.02 -105.14.

  • TEXT-S&P affirms Ukraine's Agroton Public at 'CCC+' Monday, 1 Oct 2012 | 7:42 AM ET

    --Ukrainian agricultural producer Agroton Public Ltd. has made progress collecting accounts receivables, the recoverability of which was questioned by its previous auditor.

  • REFILE-Russian shares extend gains, rouble flat Monday, 1 Oct 2012 | 7:32 AM ET

    MOSCOW, Oct 1- Russian shares extended fragile gains on Monday tracking upbeat manufacturing data, and the rouble steadied, pressured by declining oil prices. was up 1.17 percent to 1,493.4, supported by Russia's PMI manufacturing data showing monthly growth.

  • Gazprom, India's GAIL agree 20-yr LNG sales deal Monday, 1 Oct 2012 | 7:27 AM ET

    DUBAI, Oct 1- Russia's Gazprom Marketing and Trading has signed a legally binding agreement to supply liquefied natural gas to India's GAIL for 20 years, the companies said on Monday.

  • Russian shares extend gains, rouble flat Monday, 1 Oct 2012 | 7:22 AM ET

    MOSCOW, Oct 1- Russian shares extended fragile gains on Monday tracking upbeat manufacturing data, and the rouble steadied, pressured by declining oil prices. was up 1.17 percent to 1,493.4, supported by Russia's PMI manufacturing data showing monthly growth..

  • WARSAW, Oct 1- Brokerage houses in Warsaw are scaling back operations and in some cases could leave altogether because the boom in stock-market listings that helped them escape blood-letting in other financial hubs is fizzling out.

  • While Norwegian gas exports to continental Europe are supplied under long-term contracts that are linked to the oil price, Britain receives most of its Norwegian gas under hub market terms that are priced off Britain's National Balancing Point and have lesser binding supply obligations.

  • Hungary govt to review 2013 growth projection Monday, 1 Oct 2012 | 6:49 AM ET

    BUDAPEST, Oct 1- Hungary's government will have to review its 2013 economic projections as it is unlikely to hit the 1.6 percent annual growth that it has targeted so far, the minister in charge of aid talks with the IMF and the EU said on Monday. Varga put the difference to about 300- 350 billion forints.

  • Oct 1- Magna International Inc, one of the world's biggest auto parts manufacturers, said it will buy Germany- based ixetic Verwaltungs GmbH for about 308 million euros to expand its engine and transmission pumps business. The company has two manufacturing facilities in Germany, and one each in Bulgaria and China.