Launch of METLEN's Fourth Production Unit Marks a New Era for Greek and European Defense Industries

METLEN Inaugurates Fourth Production Unit at M Technologies Hub in Volos

In a significant development for the defense sector in Greece and across Europe, METLEN (LSE: MTLN) has inaugurated its fourth production unit at the M Technologies Hub located in Volos. This event, celebrated on June 24, 2026, signifies a pivotal advancement in the strategic positioning of Greek industry within the European defense supply chain.

Strengthening Greece's Defense Capabilities

The inauguration event was attended by notable government officials, including Takis Theodorikakos, Greece's Minister of Development, and Nikos Dendias, Minister of National Defence. Evangelos Mytilineos, Executive Chairman of METLEN, emphasized the importance of a robust defense industry for national sovereignty and Europe's security. He articulated that this new unit does not merely represent a facility but is part of an extensive industrial ecosystem aiming to bolster Greece's defense capabilities in an increasingly complex geopolitical landscape.

A Vision for Modern Defense Manufacturing

The establishment of this new production unit is set to enhance METLEN's role as a crucial player in European defense production. Mytilineos noted, "Today, we are marking the beginning of a distinguished era in defense manufacturing, where innovation and efficiency go hand in hand to ensure both national and international security." The M Technologies Hub will encompass six integrated production units over 100,000 square meters, focusing on various facets of defense manufacturing including raw material processing, assembly, and advanced support for complex defense applications.

Building a Vertical Defense Ecosystem

Over 25 years, METLEN has built a reputation for operational reliability and efficiency. The vertical integration of the M Technologies Hub aims to create an unparalleled defense ecosystem in Greece, capitalizing on the company's industrial expertise and credibility on the international stage. Mytilineos declared, “At this pivotal moment in history, we must redefine our priorities, ensuring we are better prepared and more autonomous to defend our interests.”

Financial Resilience and Future Growth

METLEN operates with a model deeply rooted in sustainability and circular economy principles, making it a leader in both the metals and energy sectors globally. The company managed to record a remarkable revenue of 7.11 billion euros in 2025, which showcases its strong market position and financial health. Additionally, it holds a primary listing on the London Stock Exchange and a secondary listing in Athens, indicating a robust presence in the financial markets.

A Commitment to Sustainable Energy Solutions

Beyond defense, METLEN engages actively in green metallurgy, operating the only fully integrated bauxite production facility in the EU. Their efforts in the energy sector are aligned with a commitment to providing integrated energy solutions, including both thermal and renewable energy projects.

As METLEN embarks on this new venture at the M Technologies Hub, it positions itself not only as a leader in defense production but also as a cornerstone in the broader European defense strategy.

For more information about METLEN and its initiatives, visit METLEN's official website.