REG - Metlen Energy&Metals - Αcquisition of a sixth production unit

Metlen Energy & MetalsAnnouncement

12/01/2026 07:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260112:nRSL4891Oa&default-theme=true

RNS Number : 4891O  Metlen Energy & Metals PLC  12 January 2026

PRESS RELEASE

Αcquisition of a sixth (fully operational) production unit for defense and
railway equipment is announced

 

·    The acquisition concerns the traditional industrial company NK
Trailers, located in the Industrial Area of Volos

·    This will become the sixth production unit of the Defense M
Technologies Hub in Volos

 

 

Athens, Greece / London, United Kingdom - January 12, 2026 - METLEN
(http://www.metlengroup.com/)  through its M Technologies Sector, continues
to dynamically expand its investments in Volos with the acquisition of the
long-operating dual industrial facility of NK Trailers. The facility has
developed significant expertise both in the production of defence systems and
in railway wagons, a sector that will be called upon to meet major production
challenges in the context of the modernization of the railway network, rolling
stock, systems, etc.

 

The new unit includes the utilization of two modern steel industrial
buildings, with a total surface area of approximately 26,900 sq.m., located
within Volos Industrial Area B. The buildings have been constructed on two
adjacent plots with a total area exceeding 47,000 sq.m. The total
consideration for this investment amounts to €10 million, while partial
refurbishment of the plant and new equipment are estimated at €30-40
million.

 

At full development, METLEN's M Technologies Hub in Volos will comprise the
Nea Ionia Volos plant, the Servisteel facility in the A' Industrial Area of
Volos, three additional standalone industrial complexes as already announced,
and, with this new acquisition, a total of six independent factories capable
of serving six different defence programmes simultaneously. The budget of M
Technologies, the defense arm of METLEN's Metallurgy division - under which
the M Technologies Volos Hub operates - already provides for a doubling of
both turnover and operating profitability in 2026 compared to 2025, while a
significant part of the required investments has already commenced.

 

During the Capital Markets Day in London in April 2025, METLEN committed to
shareholders, analysts and other stakeholders that the two defense plants in
Volos would be increased in the medium term (by 2028-2030) to five, in order
to meet the growing defense needs of the European and Greek industry.

 

Nine months later, the plants already number six, a fact that confirms
METLEN's strategic plan, on the basis of which the Company sought and
successfully achieved its listing on the London Stock Exchange, being included
in the top-tier FTSE 100 Index.

 

These facilities are evolving into a defence ecosystem unique in Europe. At
local level, the operation of the M Technologies Hub in Volos is expected to
create approximately 1,000 jobs for skilled workers, with parallel provision
for their training and professional development.

 

Vasilis Tsiamis, Chief Executive Director of METLEN's M Technologies,
commented: "The creation of the 6th production unit at METLEN's M Technologies
Hub in Volos decisively strengthens the region's role as a pillar of heavy
industry and defence production for the country. At the same time, the
expansion of our production capabilities in defence systems, driven by
increased demand, directly contributes to strengthening the country's defence
shield by increasing domestic added value, autonomy and reliability of the
national defence industry, at a time of heightened geopolitical and
technological challenges."

Through M Technologies, METLEN holds a leading position in the field of heavy
and complex metal constructions, with many years of experience and
specialization in defence systems. Its products are recognized across Europe
for their high quality, reliability and technological excellence, while the
Company develops strategic partnerships with leading international groups such
as IVECO Defence Vehicles, KNDS, LOCKHEED MARTIN, among others.

 

Notes to editors:

Official photo material of METLEN and its activities can be found here
(https://www.metlengroup.com/photo-gallery?category=press-kit) .

 

For further information please contact:

Ms. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax
+30210-6877400 | E-mail: Antigoni.fakou@metlengroup.com
(mailto:Antigoni.fakou@metlengroup.com)

 

About METLEN:

METLEN Energy & Metals Plc (METLEN) is the parent company of the
international industrial and energy group, a leader in the metallurgy and
energy sectors, focused on sustainable growth and the circular economy. METLEN
is a benchmark in competitive "green" metallurgy at both European and global
level, operating the only fully integrated bauxite, alumina and primary
aluminium production plant in the European Union, with privately owned port
facilities. In the energy sector, the Company provides integrated solutions
through the implementation of thermal and renewable power generation projects,
electricity distribution and supply, as well as investments in network
infrastructure, battery storage and other green technologies. METLEN operates
across five continents and in more than 40 countries, employing over 9,000
people worldwide and applying a fully synergistic model across its metallurgy,
energy and end-to-end energy project development activities.

METLEN Financial Highlights

The Company has its primary listing on the London Stock Exchange and secondary
listed on the Athens Stock Exchange and is a constituent of the FTSE 100
Index. In 2024, METLEN reported consolidated revenue of €5.68 billion and
EBITDA of €1.08 billion, up 7% year-on-year, with net profit of €615
million. Adjusted net debt stood at €1.78 billion, with a Net Debt/EBITDA
ratio of 1.7x, reflecting strong financial resilience. METLEN is rated by
leading international sustainability and ESG agencies, holding the unique
Greek position in the Dow Jones Best-in-Class Emerging Market index, and
distinguished across MSCI, Sustainalytics, ISS Quality score, ISS Corporate
Score, S&P Global ESG, LSEG, CDP, FTSE Russell, ESG Book, EcoVadis,
Bloomberg and IdealRatings.

www.metlengroup.com (http://www.metlengroup.com/) | Facebook
(https://www.facebook.com/metlengroup) | X (https://x.com/MetlenSA) | YouTube
(https://www.youtube.com/@MetlenGroup) | LinkedIn
(https://www.linkedin.com/company/metlengroup)

 

 

 

If you no longer wish to receive Press Releases and Updates from METLEN, click
here
(mailto:communications@mytilineos.gr?subject=%CE%91%CF%86%CE%B1%CE%AF%CF%81%CE%B5%CF%83%CE%B7%20e-mail%20%CE%B1%CF%80%CF%8C%20%CF%84%CE%B7%20%CE%BB%CE%AF%CF%83%CF%84%CE%B1%20%CF%83%CE%B1%CF%82%20/%20Remove%20me%20from%20your%20lists&body=%CE%A0%CE%B1%CF%81%CE%B1%CE%BA%CE%B1%CE%BB%CF%8E,%20%CE%B4%CE%B5%CE%BD%20%CE%B5%CF%80%CE%B9%CE%B8%CF%85%CE%BC%CF%8E%20%CE%BD%CE%B1%20%CE%BB%CE%B1%CE%BC%CE%B2%CE%AC%CE%BD%CF%89%20e-mail%20%CE%BC%CE%B5%20%CE%94%CE%B5%CE%BB%CF%84%CE%AF%CE%B1%20%CE%A4%CF%8D%CF%80%CE%BF%CF%85%20%CE%BA%CE%B1%CE%B9%20%CE%95%CE%BD%CE%B7%CE%BC%CE%B5%CF%81%CF%8E%CF%83%CE%B5%CE%B9%CF%82%20%CE%B3%CE%B9%CE%B1%20%CF%84%CE%B7%CE%BD%20%CE%B5%CF%84%CE%B1%CE%B9%CF%81%CE%B5%CE%AF%CE%B1%20MYTILINEOS%20%CE%BA%CE%B1%CE%B9%20%CF%84%CE%B9%CF%82%20%CE%B8%CF%85%CE%B3%CE%B1%CF%84%CF%81%CE%B9%CE%BA%CE%AD%CF%82%20%CF%84%CE%B7%CF%82,%20%CE%B3%CE%B9%CE%B1%20%CF%84%CE%BF%20%CE%BB%CF%8C%CE%B3%CE%BF%20%CE%B1%CF%85%CF%84%CF%8C%20%CE%B5%CF%80%CE%B9%CE%B8%CF%85%CE%BC%CF%8E%20%CE%BD%CE%B1%20%CE%B1%CF%86%CE%B1%CE%B9%CF%81%CE%B5%CE%B8%CF%8E%20%CE%B1%CF%80%CF%8C%20%CF%84%CE%B7%20%CE%BB%CE%AF%CF%83%CF%84%CE%B1%20%CF%80%CE%B1%CF%81%CE%B1%CE%BB%CE%B7%CF%80%CF%84%CF%8E%CE%BD.%20Please,%20I%20would%20like%20you%20to%20remove%20my%20e-mail%20address%20from%20your%20list,%20since%20I%20do%20not%20want%20to%20receive%20Press%20Releases%20and%20Newsletters%20for%20MYTILINEOS%20Company.)
.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQGPUPAGUPQPGG



            Copyright 2019 Regulatory News Service, all rights reserved