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]