METLEN Energy & Metals (previously known as MYTILINEOS Energy & Metals) is a global industrial and energy company operating two business Sectors: Energy and Metals that are highly interconnected and complementary, enabling synergies that unlock hidden value for the Company and significantly amplify its performance. The Company is strategically positioned at the forefront of the energy transition, while already established as a reference point for competitive green metallurgy at the European and global level. It has a consolidated turnover and EBITDA of €5,683 million and €1,080 million, respectively.
The company was founded as MYTILINEOS Group in Greece in 1990, as an evolution of the old metallurgical family business that had been operating since 1908. In 1995, it was listed on the Athens Stock Exchange, while participating in the FTSE 25 high capitalization index.
In 2017, the parent company absorbed its subsidiaries (Aluminium of Greece, METKA, Protergia), forming a large-scale industrial and energy multinational company, which multiplied its size, expanded its activities to all five continents, and improved its credit rating. In 2022, the new corporate transformation created MYTILINEOS Energy & Metals, an even more dynamic and flexible company, geared towards the energy transition and digital transformation trends, based on sustainable development and circular economy.
In 2024, the company initiated a dynamic new chapter in its evolution by rebranding and updating its corporate identity to METLEN Energy & Metals. This significant milestone reflects the company's unwavering commitment to growth, innovation, and a global presence, and its further internationalization and extroversion of its activities.
In the Energy Sector, METLEN is the largest Greek private company, active in the entire spectrum of energy. It constitutes an integrated energy utility at international level, from the development, construction and operation of thermal units and RES projects, design, and construction of electricity infrastructure projects, to the retail supply of electricity and natural gas, supply and trading of natural gas and the provision of competitive energy products and services (energy efficiency and integration, smart cities services and hydrogen projects etc.). The Sector’s structure now includes five activities: M Renewables where the entire renewable energy portfolio is consolidated, M Energy Generation & Management for the management of generation and power plants, M Energy Customer Solutions or retail supply of energy and natural gas as well as new retail products and services, M Integrated Supply & Trading for B2B customers and M Power Projects for conventional electricity generation projects, energy transition projects etc.
METLEN is also a leader in the Metals industry. Operating the only vertically integrated bauxite, alumina, and primary aluminium production unit across the EU with privately owned port facilities and the largest electricity cogeneration unit, METLEN (previously known as MYTILINEOS) has dynamically entered the sector of recycled aluminium and recycled metals, while it is now also incorporating Gallium into industrial production, a critical material for the future of Europe.
In 2023, the company acquired IMERYS BAUXITES GREECE (now European Bauxites), solidifying its position as the largest producer of bauxite in Europe. The new structure of the industry includes the following: Delphi-Distomo and European Bauxites as producers of bauxite, the Aluminium of Greece plant with an annual production capacity of over 180,000 tonnes of primary aluminium and 865,000 tonnes of alumina, EP.AL.ME, which is the biggest independent producer of recycled aluminium (recast), the Volos plant for heavy and composite metal constructions.
METLEN, underlining its commitment to sustainability, became the first Greek company, in 2021, setting solid targets and being committed to minimizing its carbon footprint, paving the way for a greener and more environmentally friendly industry, according to ESG performance indices for Environment, Society and Governance. In particular, METLEN has pledged to minimize its carbon footprint, aiming to reduce its total direct and indirect CO2 emissions by at least 30% by 2030, compared to 2019 levels, while by 2050 the Company is committed to achieving net zero emissions across its entire business activity.
As part of its commitment to sustainable development, the company is participating in the Dow Jones Sustainability Index for the 3rd consecutive year and in the MSCI ESG Rating Index for the 2nd consecutive year. Finally, in 2024, METLEN ranked in the top position in the "Multiline Utilities" sector of the London Stock Exchange's ESG Index.
Our Vision, Mission and Values is the compass of the company that contributes to the achievement of corporate goals and sustainable excellence, creating value for the company itself, for the shareholders, employees, but also for the entire Greek Economy.
