Metlen Approves FID For 4th High-Tech Defence Plant At Volos Hub

Metlen Energy & Metals SA MYTIL:

• APPROVES THE FINAL INVESTMENT DECISION FOR A 4TH DEFENSE EQUIPMENT PLANT AT ITS TECHNOLOGIES HUB IN VOLOS GREECE

• NEW UNIT WILL HOUSE FIVE HEAVY MACHINING TOOLS WITH CAPACITY TO PRODUCE LEOPARD 2A8 BATTLE TANKS

• INVESTMENT SIZE OF ABOUT EUR 50 MILLION FOR CONSTRUCTION, EQUIPMENT, INFRASTRUCTURE, AND TRAINING

• OPERATIONS TARGETED TO START IN H1 2027

• EXPECTED TO CREATE 200–250 JOBS IN THE VOLOS REGION