“If everything goes well, we will submit the application before the end of the year and I believe it will be completed by the second quarter of ’25”, METLEN Energy & Metals president and CEO Ev. Mytileneos, referring to the listing of the company on the London Stock Exchange.

In particular, Evangelos Mytilineos, Chairman & CEO of METLEN Energy & Metals, spoke today on Bloomberg TV and, specifically, on The Pulse show with journalist Francine Lacqua.

Regarding admission to the LSE, he noted that, “if all goes well, we will submit the application before the end of the year and I believe it will be completed by the second quarter of ’25”.

Regarding energy prices, Mr. Mytilineos noted that they have remained high for more than 3 years, throughout Europe, and the reason is natural gas prices that almost tripled compared to 2021. He emphasized that it is a rather complex problem, since at the same time we have a lot of energy from RES without making the necessary investments in networks, pressuring the competition in relation to the USA and China.

Asked about the recent Draghi Report on energy, he pointed out that “what is being proposed is great for Europe and the UK, but on the other hand, the EU is not yet ready to implement these kinds of measures, because it has not progressed so far in a political union. Therefore, proposals such as Draghi’s are unworkable or will take several years to implement,” noting that he considers Draghi’s plan overall “too ambitious” and that he is not very optimistic about its implementation.

Draghi Report

Answering a question about the company’s growth prospects, he emphasized that METLEN has already doubled its size in recent years, based mainly on organic growth (a total of 20 years) and the aim is to continue doing so in the next period, both in the same way and through acquisitions. The company exudes health and is looking at growth opportunities in Europe as a whole.