The change of name of Mytilineos, which is renamed "Metlen" (Metlen Energy & Metals), was recently approved by the company's General Meeting in a historic decision in view of the listing of the company's shares on the London Stock Exchange. 

The company under the family name has now closed a big circle and is ready to open an even bigger circle, said E. Mytilineos during the presentation of the new name at the regular general meeting of shareholders.

He added that it is the company's belief that at these levels of international economic activity and in the ambitions of its management members, employees, and shareholders, "far exceeds the name of anyone.". Mr. Mytilineos spoke of a difficult time, as whatever name is chosen "will not be like the previous one.".

On the company's course, Mr. Mytilineos said that barring any dramatic events, this year "a very good course will continue, which will begin to cement in the minds of the market and shareholders that Mytilineos is a company that will consistently fluctuate in operating profitability between €1 billion and 1.2 billion  and in a net profitability of more than €600 million, which this year may go up to €700 million." 

These figures will continue until our investments start to mature or a major acquisition takes place so we will get away from the numbers there too, Mytilineos stressed.