Weekly news:

COMPANY NEWS

REAL ESTATE

CEE property developer Ablon suspends all but three of its projects citing credit crisis

ENERGY NEWS

OIL & PETROCHEMICALS

Hungarian retail gasoline prices to rise HUF 8 per liter this week, diesel up HUF 5 per liter

GAS

Hungarian companies lose HUF 22 bln revenues during gas crisis due to consumption restrictions

IT & TELECOMMUNICATIONS

LANDLINE/MOBILE TELECOMS

Hungary’s mobile penetration rate rises to 121.8% by end-2008

RUSSIA & CIS NEWS HIGHLIGHTS

Naftogaz Ukrainy pays Gazprom for gas delivered in Jan.

EU confirms interest in Nord Stream, South Stream projects – Putin

Gazprom may reduce production up to 7% in 2009

Belarus to buy gas in Q1 at ’USD 200 or more’ – Russian ambassador

Russian president proposes European Commission discuss European, energy security

Gazprom estimates South Stream costs at up to EUR25 bln

South Stream commencement date depends on Serbia – President Parvanov

Medvedev wants quicker start of South Stream construction

Bulgaria supports South Stream, Nabucco – Parvanov

UN court splits sea waters near Serpent Island between Ukraine, Romania

Gazprom Neft closes deal to acquire 51% of Serbian NIS for 400 mln euro

Russia interested in building nuclear power plant in Belarus

Russia-EU summit could take place on May 21 – 22 – Czech ambassador

U.S. missile shield is promising cooperation area for Europe, US, Russia – Czech ambassador

Georgia does not give up NATO integration idea – defense minister

UEFA inspecting Ukrainian cities hoping to host Euro 2012 matches

Russian Black Sea Fleet could stay in Crimea after Ukraine joins NATO – U.S. expert

Mutual interest pushes Belarus, EU to normalization of relations – Lukashenko

Ukraine to pay average gas price of USD 230 this year – Chernomyrdin

FINANCIAL MARKETS

EQUITIES

Budapest Stock Exchange, Indices, 30/01–06/02/2009

Budapest Stock Exchange share trading 30/01–06/02/2009

FIXED INCOME

Hungary fixed income benchmark yields 30/01–06/02/2009

CURRENCY

National Bank of Hungary official exchange rates – 30/01–06/02/2009

CALENDAR

Central European data release schedule – week 7 (Feb. 9-13)

Nb: This news report features only the headline of each news.

Agency Interfax