Naval Group press release
Following the intensive preliminary phase launched a few years ago for the localization of production activities in Greece, the Naval Group has identified MEVACO as a key supplier for mechanical systems and metalwork equipment. Within the scope of the framework agreement, MEVACO will procure part of the mast, hull, and mobile equipment.
The signing of this framework agreement illustrates the Naval Group’s ambitious Hellenic Industry Participation Plan and demonstrates the Group’s commitment to developing and structuring strong industrial cooperation with the Hellenic industry.
In addition and following the same process, other agreements are on track to be signed with several other Hellenic companies in the coming months. Naval Group’s objective is to further develop its footprint in Greece through partnerships with Hellenic industry, research, and academic partners.
The Framework Agreement with MEVACO illustrates the French-Hellenic cooperation dynamic also structured by the partnership agreement signed between GICAN (French Marine Industry Group) and SEKPY (association of Hellenic Defence Manufacturers) in February 2020.