S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

METLEN Expands Defense Manufacturing Footprint in Volos

Under the gaze of Greek government officials, METLEN inaugurated the fourth production unit of its M Technologies Hub in Volos today. The expansion solidifies the company’s role in European defense supply chains, transforming its local facility into a vertically integrated ecosystem for complex military manufacturing and assembly.

METLEN Expands Defense Manufacturing Footprint in Volos
Photo: Bio & News

The new facility spans a 100,000-square-meter complex that now integrates six distinct units, ranging from raw material processing to advanced support for defense applications. This development follows the strategic roadmap unveiled by the company during its April 2025 Capital Markets Day in London, signaling a push to bolster both national sovereignty and the broader European defense industrial base.

Evangelos Mytilineos, Executive Chairman of METLEN, framed the investment as a necessity in an era of shifting global security. He emphasized that the hub is designed to function as more than a standard factory, acting instead as a cornerstone for Greece’s contribution to regional security. By leveraging 25 years of industrial experience, the company aims to provide the self-sufficiency required to navigate a volatile geopolitical environment where traditional security frameworks are being rapidly reconfigured.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!