Attended by the Minister of National Defense Nikos Dendias and the Minister of Development Takis Theodorikakos took place in Volos the inauguration of M Technologies’ new industrial facility took place in Volos, as part of the development of the METLEN defense industry hub.
During the event, METLEN’s executive chairman, Engelos Mytilineos, described the existence of a strong defense industry as a prerequisite for ensuring national sovereignty, emphasizing that the new investment is not merely another production facility, but is part of a broader industrial ecosystem linking defense, energy, and metallurgy.
As he noted, the M Technologies defense hub is evolving into a fully vertically integrated industrial complex that will exceed 100,000 square meters, with the capacity to support multiple European defense programs. At the same time, he emphasized the need to strengthen cooperation between the Armed Forces and the Greek defense industry, noting that domestic production can meet critical operational needs without compromising on quality.
For his part, Vasilis Tsiamis, Chief Executive Director of METLEN M Technologies, noted that today marks the transition from design to implementation. As he mentioned, the company’s facilities have already expanded significantly, while the number of employees has increased from approximately 300 to 550. The goal is for the industrial complex to reach 100,000 square meters by 2028 and employ approximately 1,000 highly skilled workers.
The new facility is part of the investment announced by METLEN in 2025 to expand its production capacity in the defense equipment sector. M Technologies already collaborates with major international groups, such as KNDS, Naval Group, TKMS, Raytheon, and Iveco Defence Vehicles, participating in the production of critical subsystems for modern military platforms.
