Type
Business expansion
Country
Greece
Region
Location of affected unit(s)
Volos
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

200 jobs
Number of planned job creations
Job creation
Announcement Date
23 June 2026
Employment effect (start)
23 June 2026
Foreseen end date
23 June 2026

Description

Metlen, a Greek industrial and energy group active in defence manufacturing through its M Technologies department, announced a new high-tech defence equipment production unit in Volos, Thessaly, expected to create 200 new jobs. The first official company announcement was made on 2 September 2025, when METLEN announced the Final Investment Decision for the fourth production unit at its M Technologies Hub in the A’ Industrial Area of Volos. The new unit will cover more than 10,000 square metres and forms part of a wider defence-industrial hub, developed through strategic partnerships with international defence companies, including Naval Group, Thales and KNDS. On 23 June 2026, METLEN announced that the fourth production unit had been inaugurated and had entered full production.


Citation

Eurofound (2026), Metlen, Business expansion in Greece, factsheet number 300620, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300620.