METLEN Unveils Its Third Strategic Transformation in Energy and Metals

METLEN Unveils Its Third Strategic Transformation

On November 11, 2025, METLEN announced a momentous advancement in its corporate journey with the introduction of its third strategic transformation, dubbed 'The Third Era - Progress in Motion.' This new phase is not just a rebranding effort; it represents a substantial shift in the company's operational framework, setting ambitious targets that aim to double its scale in the medium term. This announcement aligns with the goals discussed during METLEN's Capital Markets Day held in London earlier this year.

A Strong Foundation for Growth

This transformation builds upon the solid groundwork established through previous successful transformations in 2017 and 2022. METLEN's financial health remains robust, and the company is poised for significant growth as it embarks on this new trajectory. The focus remains on implementing a comprehensive strategy that intertwines both organic and inorganic growth avenues.

Leadership Changes and Organizational Restructuring

Key to this third era is the reshuffling of METLEN's leadership team. Evangelos Mytilineos takes on the pivotal role of Group Executive Chairman, steering the company's strategic direction alongside Christos Gavalas, who has been appointed as Group Chief Executive Officer. This change signifies a renewed focus on aligning METLEN's operational capabilities with its strategic vision. Fotini Ioannou steps in as Group Chief Financial Officer, reinforcing the financial strategy, while Loukas Ziomas has been named Chief of Staff.

Beyond the leadership, METLEN's organizational structure is adapting to enhance its efficiency. The Energy Sector will now separate into two distinct pillars: the Renewables & Energy Transition Platform, led by Nikos Papapetrou, and the Fully Integrated Energy Utility Pillar, incorporating both an Integrated Utility, directed by Giannis Giannakopoulos, and International Energy Supply & Trading, spearheaded by Panagiotis Kanellopoulos.

In a similar vein, the Metals Sector will continue under the capable leadership of Dimitris Stefanidis, who oversees the entire spectrum of METLEN’s activities related to Integrated Aluminum Value Chains, Critical Raw Materials, and Circular Metals. This continuity aims to leverage past successes while fostering potential growth avenues.

Notably, Vassilis Tsiamis has been appointed as the Chief Executive Director of MET Technologies, the defense arm of METLEN, which is dedicated to advancing metallurgical technologies.

Commitment to Infrastructure and Strategic Priorities

Infrastructure and concessions have also garnered attention under this new strategic direction. The ongoing leadership of Evangelos Chrysafis as Executive Vice Chairman continues to emphasize the significance of this sector, supported by dignitaries such as Dinos Benroubi as CEO of METKA ATE and Elenos Karaindros as Chairman & CEO of M Concessions. This coalition aims to bolster infrastructure projects that are critical for the overall operational framework of METLEN.

A Vision for the Future

The senior executive team remains a pivotal element in METLEN’s narrative, now fortified with the addition of Dimitris Papadopoulos as Executive Senior Advisor on Executive Chairman and Board Affairs. This bolstering of the executive ranks is indicative of METLEN’s commitment to maintaining a leadership team adept at navigating the complex landscape of the energy and metals industries.

Evangelos Mytilineos articulated the essence of this transformation succinctly: “Today we open another chapter in our journey with the third transformation of our evolution, The Third Era.” He expressed confidence in the newly structured leadership’s ability to uphold METLEN's commitments while striving for both organic and inorganic growth within an optimized operational model.

Conclusion

With a newly enhanced executive leadership team, METLEN is positioned to tackle the challenges ahead and secure its long-term value creation. The transformation reflects a pivotal moment not only for the organization but also for its stakeholders and the broader industry, paving the way for a sustainable future in energy and metallurgy.