Bank BPH, Egis, Enea, OTP Bank, PBG Shares: Central Europe Equity Preview

The following is a list of companies whose shares may have unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index fell 2.3 percent, the Czech PX Index lost 2.4 percent and Hungary’s BUX Index declined 1.5 percent.

Bank BPH SA (BPH PW): The Polish unit of General Electric Co. said its net loss widened to 224.3 million zloty ($71 million) in the first half of 2010 from 4.16 million zloty a year earlier. BPH shares declined 1.9 percent to 52 zloty.

Egis Nyrt. (EGIS HB): The Hungarian drugmaker controlled by Laboratoires Servier was upgraded to “buy” from “hold” at Deutsche Bank AG. Egis fell 1.5 percent to 19,800 forint.

Enea SA (ENA PW): Poland’s government shortlisted five companies to buy the state’s 51 percent stake in the country’s third-largest utility. The Treasury Ministry didn’t give names of the shortlisted bidders. Enea fell 1.4 percent to 19.8 zloty.

OTP Bank Nyrt. (OTP HB): Hungary’s largest bank may propose paying a dividend to shareholders in 2011 after a three-year break, Chairman and Chief Executive Officer Sandor Csanyi told Napi Gazdasag. Its shares slumped 4.9 percent to 4,665 forint.

PBG SA (PBG PW): Poland’s biggest construction company by market value said first-half net income rose to 80.3 million zloty from 70.2 million zloty a year earlier. That compares with the 72.6 million-zloty mean estimate by eight analysts surveyed by Bloomberg. PBG shares dropped 1.3 percent to 222 zloty.

Bank Zachodni WBK SA (BZW PW): Allied Irish Banks Plc is set to choose the buyer of its Polish unit within seven days, Rzeczpospolita reported, citing an unidentified person close to the transaction. Banco Santander SA, BNP Paribas and PKO Bank Polski SA all placed offers to buy 66 percent of Zachodni, or less than 70 percent that AIB owns, the newspaper said. Zachodni fell 0.6 percent to 186.4 zloty.

To contact the reporters on this story: Pawel Kozlowski in Warsaw pkozlowski@bloomberg.net; Marta Waldoch in Warsaw on mwaldoch@bloomberg.net

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