GO
Loading...

Eastern Europe

More

  • Russia's Tatneft H1 net profit falls 17 pct y/y Tuesday, 2 Oct 2012 | 6:31 AM ET

    MOSCOW, Oct 2- Russian mid-sized oil producer Tatneft said on Tuesday its first-half net profit declined 17 percent, year-on-year, to 32.9 billion roubles on the back of higher taxes.

  • Russian economy to keep growing - Putin Tuesday, 2 Oct 2012 | 6:30 AM ET

    MOSCOW, Oct 2- Russia's economy should sustain its current 4 percent growth rate over the next three years, President Vladimir Putin said on Tuesday. Although growth would be slower than before the 2008-09 crisis it would be "more balanced and of higher quality", Putin told an investment conference hosted by VTB Capital.

  • Failed rescue of Romania chemical co draws protest Tuesday, 2 Oct 2012 | 6:26 AM ET

    BUCHAREST, Romania-- Hundreds of workers have protested at a Romanian chemical plant after the government scrapped the sale of the debt-ridden company, saying the prospective buyer had failed to prove he could pay.

  • LONDON, Oct 2- Emerging stocks hit 11- day highs on Tuesday and emerging debt spreads tightened on mounting expectations of an imminent bailout request from Spain, while the forint weakened on expectations of lower interest rates in Hungary.

  • BCP cash call fully subscribed by investors-CEO Tuesday, 2 Oct 2012 | 6:23 AM ET

    LISBON, Oct 2- A planned 500- million-euro cash call by Portugal's largest listed bank by assets, Millennium BCP, was entirely subscribed by private investors, the bank's chief executive said on Tuesday.

  • WARSAW, Oct 2- Poland will oblige its gas monopoly PGNiG to offer 30 percent of its sales on the country's fledgling gas exchange to inspire liberalisation of Central and Eastern Europe's largest gas market, a ministry official said on Tuesday.

  • *Oil output at TNK-BP falls almost 1 pct in Sept vs Aug. Russia's oil output edged up 0.3 percent in September compared with August to reach 10.41 million barrels per day, encouraged by oil price increases.

  • NORWAY GAS-Exports rise on higher flows to France Tuesday, 2 Oct 2012 | 5:52 AM ET

    OSLO, Oct 2- Norwegian gas exports to Europe rose early on Tuesday because of higher flows to France, but that was partly offset by a fall in deliveries to Britain. Exports to Europe including Britain were up by 14.7 million cubic metres to 274.1 mcm per day at 0800 GMT, compared with the day before, data from Norway's gas system operator Gassco showed.

  • Russian stocks, rouble weaken after rally Tuesday, 2 Oct 2012 | 5:45 AM ET

    MOSCOW, Oct 2- Russian shares fell on Tuesday after a rally the day before, led by the heavyweight energy sector, and the rouble edged lower, showing little reaction to comments by the central bank on inflation concerns ahead of a policy meeting. "With oil prices Urals in the range of $110- 115 per barrel, we see fundamental factors to be supportive for rouble stability.

  • Interest in Poland 12-yr euro bond over EUR2.5bn Tuesday, 2 Oct 2012 | 5:44 AM ET

    LONDON, Oct 2- The Republic of Poland has opened books on its new 12- year Eurobond with official guidance set at mid-swaps plus 145 bp area, said an official managing the deal. Commerzbank, HSBC, ING and SG CIB received indications of interest totalling EUR2.5bn when sounding out investors earlier on Tuesday morning at swaps plus 150 bp area.

  • LJUBLJANA, Oct 2- Shares of Slovenia's largest insurer Zavarovalnica Triglav jumped almost 6 percent on Tuesday after daily newspaper Finance reported that Croatian Adris Grupa is interested in buying a majority in the insurer.

  • MOSCOW, Oct 2- Russia will not borrow more from foreign markets in coming years after raising $7 billion in Eurobonds earlier in 2012, Finance Minister Anton Siluanov said on Tuesday. "We don't plan to increase borrowing on foreign markets," Siluanov told an investment conference organised by VTB Bank. "

  • REFILE-UPDATE 1-Talanx shares rise in IPO debut Tuesday, 2 Oct 2012 | 5:12 AM ET

    *Shares rise in biggest German IPO since 2010* Talanx IPO eyed in run-up to British Direct Line IPO* Talanx CEO says no big takeovers planned in next 2 years.

  • UPDATE 1-Talanx shares rise in IPO debut Tuesday, 2 Oct 2012 | 5:07 AM ET

    *Talanx CEO says no big takeovers planned in next 2 years. FRANKFURT, Oct 2- Shares in Talanx, Germany's third-biggest insurer, opened higher in their Frankfurt stock market debut on Tuesday, vindicating the company's decision to go ahead with the share sale after hesitating last month over the state of Europe's fragile IPO market.

  • WARSAW, Oct 2- A Polish court ordered the re-examination of a block on a 11.6- billion zloty power investment by utility PGE in a setback to environmentalists opposing the project.

  • *Trafigura may not own 8 pct of Norilsk- Potanin By Polina Devitt and Clara Ferreira-Marques. MOSCOW, Sept 28- Vladimir Potanin, the largest shareholder in Russia's Norilsk Nickel, told Reuters that tensions had escalated with the other main owner of the world's top nickel and palladium producer, dashing hopes of a keenly awaited reconciliation.

  • KIEV, Oct 2- The Ukrainian parliament on Tuesday scrapped a draft bill which would have made defamation a crime punishable by jail, a move the opposition and media had feared was a step towards censorship before a parliamentary election later this month.

  • *Trafigura may not own 8 pct of Norilsk- Potanin By Polina Devitt and Clara Ferreira-Marques. MOSCOW, Sept 28- Vladimir Potanin, the largest shareholder in Russia's Norilsk Nickel, told Reuters that tensions had escalated with the other main owner of the world's top nickel and palladium producer, dashing hopes of a keenly awaited reconciliation.

  • MOSCOW, Oct 2- Novatek, Russia's largest producer of gas outside the state controlled Gazprom group, said it sealed its second deal to sell gas to a major Russian steelmaker. Severstal will buy 12 billion cubic metres over five years starting next year, a far smaller contract than the 50 bcm contracted by Magnitogorsk Iron& Steel in late June.

  • Alstom shares are the worst performers on the CAC 40 index, sliding over 7 percent at the open after the company's 350 million euro capital hike to help pay for a 25 percent investment in Russia's Transmashholding.