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METLEN's New Chapter in Greek Defense

On June 24, 2026, a significant milestone in the Greek defense industry was achieved with the inauguration of METLEN's new production unit at the M Technologies Hub in Volos. This facility symbolizes not just the growth of METLEN but also Greece's emerging role in European defense.

Strategic Importance of the Facility

Attended by prominent figures from the Greek government and the international defense sector, the event marked a pivotal moment where Greece solidifies its position as a key player in the European defense supply chain. Evangelos Mytilineos, Executive Chairman of METLEN, spoke passionately about the importance of a robust defense industry, emphasizing how it plays a crucial role in ensuring national sovereignty and enhancing European security. He highlighted the shifting dynamics in global security, pointing out that this new facility is not merely another factory but a vital component of a comprehensive defense-industrial ecosystem.

A Comprehensive Defense Ecosystem

The M Technologies Hub in Volos represents a modern, vertically integrated defense industrial ecosystem, built on METLEN's 25 years of experience and operational excellence. The complex now comprises six specialized units covering an expansive area of 100,000 square meters with capabilities in various aspects such as raw materials processing, manufacturing, assembly, and support for complex defense applications. This advancement will undoubtedly elevate Greece's defense capabilities to new heights.

The Role of Greece in European Defense

With the geopolitical landscape undergoing rapid changes, Mytilineos emphasized Greece's need to redefine its defense priorities. As traditional security assurances wane, the country must become more self-sufficient and prepared to protect its interests. The completion of this new production unit reflects METLEN's commitment to strengthening Greece’s defense capabilities and contributing significantly to the broader European defense framework.

Future Prospects

The inauguration aligns with the broader strategic plan laid out during METLEN's Capital Markets Day in London in April 2025, illustrating the company’s robust growth trajectory within the defense sector. The strong emphasis on operational efficiency will aid in reinforcing the domestic defense industrial base, which is paramount for any nation aiming for autonomy in its defense capabilities.

About METLEN

METLEN Energy & Metals Plc is an industrial and energy powerhouse, recognized for its leadership in the vital metals and energy sectors. With a commitment to sustainable practices, the company leads in green metallurgy within the European Union and operates significant infrastructure in energy, including projects in renewable energy and power generation.

Financial Performance

Listing on both the London and Athens stock exchanges, METLEN is a constituent of the FTSE 100 Index, reflecting its strong financial standing. In 2025, the company reported impressive consolidated revenues of €7.11 billion, showcasing its resilience and competitive edge in the market.

The new production unit in Volos not only enhances METLEN’s operational footprint but also indicates a broader commitment to the defense sector and national security. As METLEN advances its capabilities, the implications for the Greek and European defense landscape are considerable, making this a momentous occasion in the journey toward regional security cooperation.