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Czech Republic - Factors To Watch on March 23
March 23, 2017 / 7:23 AM / 9 months ago

Czech Republic - Factors To Watch on March 23

    PRAGUE, March 23 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
    ALL TIMES GMT (Czech Republic: GMT + 1 hours)         
=========================ECONOMIC DATA==========================
    Real-time economic data releases....................        
    Summary of economic data and forecasts...........           
    Recently released economic data..................           
    Previous stories on Czech data.............                 
  **For a schedule of corporate and economic events: 
    O2: Telecoms company O2 Czech Republic           said its
Slovak unit would pay it part of 2016 profit in the amount of
40.7 million euros, or around 1.1 billion crowns, to be booked
in 2017.
    Story:              Related stories:                   
    PEGAS: Artificial textile maker Pegas Nonwovens          
said its 2016 EBITDA reached 46.7 million euros, in line with
its outlook of 43-49 million euros
    Story:              Related stories:                  
    UNIPETROL: Czech downstream oil group Unipetrol's          
biggest minority shareholder said it will take legal action
against the company's acquisition of chemicals company Spolana.
    Story:              Related stories:                   
    CENBANK: Volumes of foreign exchange interventions by the
Czech central bank do not have an impact on the timing of ending
the bank's commitment to keep the crown on the weak side of 27
per euro, board member Vojtech Benda said in a presentation
released on Wednesday.
    Story:              Related stories:                     
    CROWN: Volkswagen             unit Skoda Auto, the Czech
Republic's biggest company and exporter, expects the crown
          to remain stable after the central bank lets the
currency float freely, a board member said on Wednesday.
    "The Czech crown, I assume, will be still very, very stable
in comparison to other currencies that are more volatile,"
Klaus-Dieter Schurmann said.
    Story:              Related stories:                  
    SKODA: VW's Skoda Auto CEO Bernhard Maier, speaking at the
carmaker's annual news conference, said the company expected
2017 deliveries to be above the 2016 level.
    Story:              Related stories:                   
    CEE MARKETS: Central European government bond yields and
stocks mostly fell on Wednesday, tracking global markets, as
doubts grew over U.S. President Donald Trump's plans to
stimulate the economy.
    Story:              Related stories:                    

 =========================PRESS DIGEST========================
    OKD: Finance Minister Andrej Babis said the state could
acquire insolvent mining group OKD for tens of millions of
    Pravo, page 19; previous story             
  (Reuters has not verified the stories, nor does it vouch for
their accuracy.)    
    For real-time stock market index quotes click in brackets: 
 Warsaw WIG20           Budapest BUX        Prague PX       
 For updates on CEE currencies                             
 TOP NEWS -- Emerging markets                               
    Prague Newsroom: +420 224 190 477

($1 = 24.9790 Czech crowns)

 (Reporting by Prague Newsroom)

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