On a battered stock market, a Greek furniture maker shines

Dromeas SA Office Furniture Industry

03/08/2015 16:01

ATHENS, Aug 3 (Reuters) - While most of the Greek stock 
market was dropping, shares of the furniture maker Dromeas SA 
 DROr.AT  soared almost 29 percent on Monday after clinching a 
30 million-euro deal to supply European Commission offices. 
    It would have taken a lot of shares to make much profit, 
though. Dromeas closed at 0.147 euros, a 28.9 percent increase 
from its previous close of 0.114 euros.  
    The company announced on July 29 - during the five weeks the 
stock market was closed - that it had won an international 
tender to supply all EU offices over a five-year period. It had 
won a similar tender in 2009. 
    Greek stocks  .ATG  unofficially closed with losses of 16.2 
percent on Monday, the first day of trade after the five -week 
shutdown. 
     
     
 
 (Reporting By Michele Kambas, editing by Larry King) 
 ((michele.kambas@thomsonreuters.com;)) 
 
Keywords: EUROZONE GREECE/STOCK FURNITURE