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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., will be based in Lavrio, near Athens.
Both entities – MSM GROUP and HDS have jointly submitted applications as significant step forward in already existing crossborder b2b cooperation for the European Union’s ASAP call subsidy, aimed at expanding production capacities in Lavrio plant. The projects under this “ASAP CALL” include the revamping of a second filling line for artillery shells, the modernization of TNT production, and the creation of a new manufacturing facility for base bleed grain for extended range artillery shells.
We were successful in 2 out of 3 submitted projects and thus will further strengthen the existing partnership between MSM and HDS, particularly in terms of cross-border cooperation.
Additionally, we would like to acknowledge existing cooperation when MSM’s technicians and experts provided substantial assistance to HDS in the reactivation of the filling line at the Lavrion plant. Presently, MSM and HDS have entered a contract for the filling of 100,000 artillery shells at the Lavrion facility in Q2 2023. This project has been selected as the first initial step in our cooperation and re-starting the military production in Lavrion plant.
Hellenic Defense Systems S.A. (HDS) is a state-owned Greek enterprise, with a long-term history in the defense sector. The company operates four major facilities, each specializing in different aspects of defense manufacturing.
The Lavrion plant, located approximately 60 kilometers south of Athens, is particularly notable for its specialization in the loading, assembly, and packaging of medium and large caliber ammunition. Despite its current underutilization due to outdated equipment, this facility holds a significant potential for revamping and modernization. Its strategic location near the Lavrion port and its supporting infrastructure, including storage for high-capacity explosives, confirms its readiness for increased production capabilities.
MSM GROUP is a European leader in the development and production of defence and civil equipment, specialising in artillery and tank ammunition. MSM GROUP brings together traditional companies with a long history in the defence sector, thus having the entire production, service and supply cycle in its own hands.
The company is a member of Czechoslovak Group (CSG) – a global industrial-technology group owned by Czech entrepreneur Michal Strnad. It focuses on the development and production of strategically important products, systems, and technologies in defense, aerospace, automotive, and other sectors.