Weekly news:
FINANCIAL & ECONOMIC NEWS
MONETARY POLICY
Czech National Bank leaves key interest rates unchanged at 3.50%, as expected
POLITICS
Russian agents tried to sway Czech politicians, media against U.S. radar – intelligence agency
COMPANY NEWS
PHARMACEUTICALS & HEALTHCARE
Prague-listed drug maker Zentiva accepts improved Sanofi-Aventis takeover bid
REAL ESTATE
Czech facility management group RPG Sluzby wins first external contract from Red Group
Erste cuts Orco Property Group target price by 15%, confirms ’buy’ recommendation
Austrian builder Strabag’s Czech unit net profit down 80% y/y in 2007 to CZK 166 mln
Czech city Jicin cancels U.S. investor Global Resources CZK 2 bln brownfield contract over delay
Sale of Czech apartment blocks as stakes in companies up 11% y/y – AAAIndustry.cz
Top Prague developer FINEP to co-manage new Czech property hedge fund
German property fund DEGI buys additional buildings in Prague office project The PARK
U.K. developer Letterstone says SKK 2-bln Slovak project delayed, not endangered
ENERGY NEWS
OIL & PETROCHEMICALS
Czech retail fuel prices rise; top-selling Natural 95 up to CZK 31.20/liter
HEAT, POWER & SEWAGE
Czech utility CEZ wins Romanian tender to upgrade Galati power plant
Czech utility CEZ reportedly wins Romanian power plant tender in Galati
EMERGING MARKETS NEWS HIGHLIGHTS
Moscow, Caracas name oilfields where joint consortium will operate (Part 2)
Chavez voices "firm support" for Russia’s Caucasus actions
Georgian opposition calls for expulsion of Kazakh gas company
Russians negative about U.S., EU, Ukraine and Georgia as never before – poll
Recognition not the best, but only option after Georgian aggression - Gorbachev
South Ossetia to ask for permanent observer status in Union of Russia and Belarus
PACE for international probe of human rights violations during recent hostilities in S.Ossetia
Russia discards Georgia reports on downed Russian drone as provocation (Part 2)
Russia discards Georgia reports on downed Russian drone as provocation
Construction of Nord Stream gas pipeline on schedule – Miller
Russia to supply Nord Stream pipeline with 55 bcm of gas per year
FINANCIAL MARKETS
EQUITIES
Prague bourse PX index down 3.21% w/w Friday; developer ECM corrects 25%, rival Orco 11%
Prague Stock Exchange (PSE), SPAD trading, 19-26/09/2008
FIXED INCOME
Prague Stock Exchange (PSE) Treasury bonds, Direct trading, 26/09/2008
Prague Stock Exchange (PSE) Treasury bonds, Direct trading, 19-26/09/2008
CURRENCY
Czech crown trades in thin band Friday in quiet session, closes at EUR/CZK 24.35
Czech National Bank (CNB) foreign exchange rates, 19-26/09/2008
National Bank of Slovakia (NBS) foreign exchange rates, 19-26/09/2008
MONEY MARKET
National Bank of Slovakia, BRIBOR rate fixing, 19-26/09/2008
National Bank of Slovakia (NBS) official interest rates – 26/09/2008
Czech National Bank (CNB) official interest rates – 26/09/2008
Nb: This news report features only the headline of each news.
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