Dafora do double its value up to €180 mln

Dafora was previously listed on Bucharest Stock Exchange’s (BVB) electronic Rasdaq market. “The company’s market value is to double this spring or summer, while the shares will go up to a potential price of RON 0.67-0.68 (€0.183-0.186) per unit,” Calburean said at the opening of yesterday’s BVB trading session.

The company targets a net profit of €9.56 million this year, double on the €4.5 mln profit posted in 2007, and more than €100 mln in turnover, 15 percent higher year-on-year.

Dafora shares traded yesterday RON 0.39 (€0.107) per share, 7 percent higher than in Friday’s Rasdaq session.

Calburean owns 55.63 percent of Dafora. Investment fund Julius Bar Investment Management also owns a 10.67 percent share.