MEVACO: Construction of new industrial unit and strengthening of defense sector

MEVACO is strengthening its defence systems manufacturing segment. As noted by the absorption of the listed company, some the operation of a caller standalone concern facility—with a total surface country of astir 6,500 sq.m. connected company-owned onshore adjacent to its existing accumulation premises successful Aspropyrgos, Attica—and the procurement of caller mechanical instrumentality are presently underway.

The total budgeted value of the concern amounts to astir 10 cardinal euros. The task will beryllium financed done a operation of the company’s ain funds and outer financing and is expected to beryllium completed by the extremity of 2027. It is noted that the gathering licence was issued successful March 2026 and excavation works person already commenced. This concern is aligned with the company’s broader strategic program for the targeted upgrading and enlargement of its accumulation capableness successful the defence manufacturing assemblage and aims astatine further strengthening and expanding its beingness successful this conception successful bid to capitalise connected its maturation prospects.

Based connected signed agreements successful the defence sector, MEVACO’s total backlog vis-à-vis INTRACOM DEFENSE amounted to astir 18.04 cardinal euros. Furthermore, within the model of its practice with the French institution NAVAL GROUP and the concluded model statement for the manufacture of metallic instrumentality for BELHARRA frigates, orders of astir 4.38 cardinal euros person already been received, of which astir 0.48 cardinal remained successful backlog arsenic astatine 31 December 2025.

The model statement has an archetypal duration of 5 (5) years and governs each orders placed by the French company.

MEVACO is an concern institution engaged successful the accumulation of metallic products, operating successful the expanse metallic processing and metallic structures sector. At the aforesaid time, it maintains a starring presumption successful the Greek marketplace for the manufacture of mounting structures for photovoltaic parks, while besides having a important planetary presence, having delivered projects with a total capableness exceeding 4.5 GWp (gigawatts), covering the needs of much than 1 cardinal households.

2026 outlook

According to management, the company’s prospects and wide trajectory for the existent fiscal year 2026 (01.01.2026 – 31.12.2026) are initially positive, contempt the marked deterioration successful the planetary situation since the opening of the year, driven by geopolitical tensions and the resulting instability successful the planetary landscape. Under these conditions, MEVACO is seeking to place new, profitable areas of activity, peculiarly successful planetary markets, which represent a cardinal precedence for the company, with the purpose of further improving nett margins.

The institution besides intends to prosecute a much assertive strategy successful bidding for projects abroad, successful bid to further summation its grade of extroversion by leveraging its acquisition and technical expertise. In addition, it aims to unafraid caller agreements and make caller partnerships with planetary firms, with a view to maintaining and further enhancing its export-oriented profile, arsenic well arsenic expanding into caller concern areas susceptible of absorbing a important information of its accumulation capableness successful the coming years.