Dromeas Office Furniture Industry SA. Stock Analysis DROME.AT

DROMEAS SA manufactures and sells office furniture, chairs, partition walls, filling systems, kitchen and home furniture, and die-casted aluminum equipment. The company is headquartered in Serres, Central Macedonia and currently employs 66 full-time employees. The company went IPO on 2000-11-24. The Company’s home furniture offering includes sofas, wardrobes, ready-made kitchens, beds, bookcases and chairs with adjustable mechanisms. Its office furniture offering includes offices and chairs, furniture for waiting areas, auditorium seating systems, bookcases, as well as partition walls. The company also has its own integrated tool making shop that produces various tools and high-pressure aluminum die casting parts. The Company’s customers include companies in the public and private sector such as banks and insurance companies, academic institutions and airports. The Company’s sales network consists of 32 stores located throughout the main cities of Greece and the Balkans, and exports its products to countries including the United Kingdom, Germany, Egypt, Cyprus, Russia, Saudi Arabia, and Australia.