#Greece #METLEN #Defence Industry #M Technologies #Volos

METLEN Establishes a New Era in the Defence Sector

On June 24, 2026, METLEN (LSE: MTLN) launched its latest production unit at the M Technologies Hub in Volos, Greece. This landmark inauguration not only underscores METLEN's commitment to enhancing the local defence industry but also positions Greece as a vital contributor to European defence initiatives.

The ceremony, attended by prominent figures from the Greek government and international defence sector leaders, showcased METLEN’s ambition to create a robust defence manufacturing ecosystem. The Volos facility is set to redefine Greece's role within the European defence value chains, leveraging its rich industrial heritage and expertise in the field. The new production unit is part of a broader vision aimed at fortifying Greece's defence capabilities amid evolving geopolitical landscapes.

Evangelos Mytilineos, Executive Chairman of METLEN, highlighted the endeavor's strategic importance, emphasizing that this new unit represents not merely an expansion of industrial capabilities, but rather a pivotal step towards safeguarding national sovereignty and reinforcing Europe's security framework. Mytilineos remarked, "Today is more than an inauguration; it signifies the birth of an innovative defence-industrial ecosystem. In a world where security concerns are paramount, our commitment to operational efficiency and reliability is crucial."

Advancements in Defence Manufacturing

The newly inaugurated production unit encompasses 100,000 square meters, housing six distinct units focused on varied aspects of defence manufacturing—from raw materials processing to assembly and beyond. This comprehensive approach to industrial development aims to handle complex defense applications efficiently, marking a distinctive shift in Greek industrial capabilities.

This strategic expansion aligns with METLEN's vision presented during the Capital Markets Day in London in April 2025. The swift progression of this project reflects METLEN's unwavering commitment to enhancing its footprint in the defence sector while simultaneously bolstering the domestic defence manufacturing base.

A Catalyst for Economic Growth

The operationalization of this facility is expected to bring significant economic benefits to the region. Employing advanced technologies and promising practices in production, it not only aims to create jobs but also enhances the local skill set in high-tech areas. The initiative is part of a broader strategy to transform Greece into a leading hub for defence manufacturing in Europe.

Industry experts view this development as a crucial step towards improving NATO’s collective defense capabilities. The emphasis on self-sufficiency and innovation will empower the Greek defence sector while reinforcing its strategic alliances within the EU and NATO.

METLEN's Broader Vision

METLEN has established itself as a cornerstone in the metals and energy sectors, standing out for its commitment to sustainability and circular economy principles. With operations spanning five continents and over 8,500 employees worldwide, METLEN’s integrated model encompasses metallurgy, energy solutions, and advanced manufacturing. In recent years, the company has emphasized the importance of developing green technologies in response to the global demand for sustainable energy solutions.

In the realm of defence, METLEN’s enhancements serve not only to bolster Greece's capabilities but also reflect a proactive approach to ensuring security and economic resilience in a rapidly changing global environment. The inauguration of the M Technologies Hub symbolizes a future-oriented stance, ready to meet the challenges of tomorrow.

For more information on METLEN and its initiatives, please visit METLEN's Official Website.