ECONOMY

Dromeas bucks trend among sliding Greek stocks

Dromeas bucks trend among sliding Greek stocks

While most of the Greek stock market was dropping, shares of the furniture maker Dromeas soared almost 29 percent on Monday after clinching a 30-million-euro deal to supply European Commission offices.

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.

[Reuters]

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