Tag: Evangelos Mytilineos

Greece Reveals Striking New Face for Defense Ministry in Historic Ceremony

In a symbolic ceremony in Athens, Prime Minister Kyriakos Mitsotakis—despite recovering from COVID-19—joined Defense Minister Nikos Dendias to unveil the new bioclimatic facade of Greece’s Pentagon building. The modern design, blending sustainability with echoes of ancient columns and the fustanella, honors 121,000 fallen soldiers while reflecting the armed forces’ €28 billion modernization, including Rafale, F-35 jets, and Belharra frigates. As leaders celebrated heritage and strength, military unions protested nearby against a controversial reform bill.

Metlen’s Historic LSE Listing: A New Era for Greek Business

On August 4, 2025, Metlen Energy & Metals made history as it debuted on the London Stock Exchange, with Chairman and CEO Evangelos Mytilineos ringing the opening bell alongside LSE CEO Julia Hoggett. The listing, at €47.16 per share, marks a bold new chapter for the Greek powerhouse, transitioning from the Athens Stock Exchange to a global financial stage. With over 90% shareholder support and ambitions to join the FTSE 100, Metlen’s move strengthens Greece’s industrial presence worldwide while maintaining its economic roots at home.

METLEN Announces €295.5 Million Investment for Bauxite, Alumina, and Gallium Production in Greece

METLEN Energy & Metals has announced a €295.5 million investment to develop an integrated production line for bauxite, alumina, and gallium in Agios Nikolaos, Greece. The project aims to increase Europe’s self-sufficiency in critical raw materials, with a production capacity of 2 million tons of bauxite, 1.265 million tons of alumina, and 50 metric tons of gallium annually. This investment will enhance Europe’s strategic autonomy, reduce dependence on China, and support industries from energy transition to defense. Production is expected to begin in 2026, with full capacity achieved by 2028.

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