A Strategic Alliance for Ammunition Production

MSM EXPORT (member of MSM GROUP) has formed a joint venture with the Greek state-owned company Hellenic Defense Systems (HDS) to produce ammunition. The new company, Hellenic Ammunition S.A., is based in Lavrio, near Athens.

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Benefits of cooperation

Given the current circumstances driven by geopolitical situation, global defence needs are changing rapidly, Hellenic Ammunition will be well-strategically positioned to respond promptly and effectively to the market demand mainly driven by government institutions.

The business cooperation between Hellenic Defense Systems (HDS) and MSM EXPORT (member of MSM GROUP) is not only about meeting current market requirements but also securing any potential future demand in the defense sector and bringing Greek defense industry back to high level of independence.

Increasing the production capacity at the Lavrio facility will play an important role in combining defense supply chains with the ability to promptly react to both immediate and long-term needs incl. the supply of critical ammunition and its components.

By achieving above mentioned goals, Hellenic Ammunition will play a vital role in strengthening the defense capabilities of both Greece and the EU/NATO member countries with allies. Our efforts will ensure that EU/NATO defense forces will be adequately supplied with high-quality and reliable ammunition, which is important for maintaining security and stability in the region.

In a conclusion, the objective of Hellenic Ammunition is to revitalize defense technology, optimize production processes, expand capacity, and most importantly, provide a robust response to the growing and changing defense needs of Greece and the European Union.

The Lavrio facility, under the current management of HDS, contains great business potential, however, facing some production challenges caused by technological limitations and outdated equipment.

Hellenic Ammunition’s establishment aims to tackle such obstacles mainly from a business, CAPEX and production perspective. The plan involves a comprehensive refurbishment plan and revamping of the facility’s machinery and technology, transforming it into a modern and efficient production site.

A key aspect of Hellenic Ammunition is the optimization of production processes at the Lavrio plant as well as an option of running factory as a private subject with ability to accept decisions in hours together with flexibility in HR policy. By integrating MSM GROUP’s expertise in efficient manufacturing processes, we intend to streamline operations, reduce production bottlenecks, and enhance overall output quality. This optimization will involve a systematic review and overhaul of existing production lines, ensuring their alignment with current standards and practices in ammunition manufacturing.

The expansion and modernization of the plant in Lavrio as part of Hellenic Ammunition is expected to have a significant positive impact on the local and national economy. This project is expected to create a significant number of new job opportunities, covering a wide range of specializations such as ammo production technicians, admin and supporting roles. We are already aware of a potential in cooperation with local universities which could be promising partnership for the R&D programs also.

The creation of these new jobs will stimulate economic growth in the local area and beyond, not affecting only Lavrio region but also the wider supply chain, including logistics, material supply and various services. The increased workforce will contribute to higher consumer spending in the region and further boost the local economy.

Hellenic Ammunition is committed to the highest standards of environmental responsibility and safety as further described. The modernization of the Lavrio plant will include the implementation of advanced technologies that are not only more efficient, but also more environmentally friendly. This includes adopting manufacturing practices that minimize waste, reduce emissions and comply with the strictest environmental regulations.

In terms of safety, the project will focus on implementing new safety protocols to protect the workforce and the surrounding community. This includes better staff training, investment in safer equipment and strict adherence to international safety standards. Hellenic Ammunition will ensure that operations at the Lavrio plant are not only productive but also sustainably and safely managed.

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