Value of "Danube Foods Group" to exceed 1 billion EUR in 2008 - one step away from London and New York stock exchange

The owner of "Salford" fund, Eugene Goeffey, estimated that "Danube foods group" would be worth more than 1 billion EUR in 2008 and he announced possibility of appearance on the London Stock Exchange.

He said that the value was high and that the company of that size could easily appear on the New York or the London Stock Exchange.

However, if such decision is made, 10-20% of capital of the fund will be offered for sale.

As Goeffey said, minor part of the money would be used for payment of debts, althouth they are insignificant, and the rest would be most probably spent on development.