History

METKA, from its establishment in 1962 in Nea Ionia, Volos in Central Greece, has followed a steady path of growth, with particularly dynamic development in recent years. METKA’s manufacturing plant for metal constructions commenced operation in 1964 and in 1973 the company was listed on the Athens Stock Exchange.

In 1980 METKA absorbed the technical contracting firm TECHNOM S.A., further developing its capability to undertake and implement major projects. In 1989 the acquisition of SERVISTEEL S.A. took place, adding an advanced production plant for the first phase of fabrication to the company’s existing manufacturing infrastructure.

During the period of July 1998 through to January 1999, Mytilineos Holdings S.A. gradually acquired a controlling interest in the company. Following this acquisition the company’s subsequent share capital increase in December 1999 enabled METKA to further build its capability through the acquisition of stakes in established firms with complementary activities to those of METKA. During the period through to 2002 the acquisitions were completed, significantly enhancing METKA’s ability to provide a broader range of services and complete solutions in the Energy sector.

In almost 50 years of operation, METKA has specialized in constructing very demanding and high-value added projects in all three areas of activity, projects that demand the use of edge cutting technology. By continuously growing its technical know how and organization, METKA is internationally renowned as a company in position to deliver major projects to the highest quality standards.