Greece Invests €295 Million in Viotia, Aiming for Global Industrial Leadership

11:31 18/1/2025 - Πηγή: iEfimerida

A massive €295.5 million investment by Metlen Energy & Metals in the Industrial Center of Agios Nikolaos, Viotia, is poised to elevate Greece's industrial standing.

Development Minister Adonis Georgiadis, along with other officials, toured the facility, highlighting its role in securing essential raw materials like bauxite, alumina, and gallium.

This expansion will significantly increase alumina production, placing Greece among the top 12 global producers. Furthermore, Greece will begin producing gallium domestically, meeting European demand for this critical material used in advanced technology, green energy, and defense.

This investment is expected to generate hundreds of new jobs and boost the local economy.

Minister Georgiadis praised the project.

"This investment significantly enhances Greece's position in the global industrial and European markets." Evangelos Mytilineos, Chairman and CEO of Metlen, expressed pride in the initiative, emphasizing its contribution to Greece's industrial future.

The project aligns with Europe's strategic goals of achieving supply chain independence and promoting green energy initiatives, positioning Greece as a key player in the global industrial arena.

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