The enterprise’s activity was a major contributor to the genesis of an industrial urban space, the town of Lavrio. This created a modern tradition for technical innovation, and an important national and European monument of industrial archeology.
N.T.U.A., having decided to preserve this heritage and tradition, has safeguarded a good part of the FMCL industrial complex and undertook the ambitious project to convert the former metallurgical site into a Technological Cultural Park and Museum of Technology. During the 2nd and 3rd Structural Framework Programs (EU and National funding) two major projects were undertaken by the LTCP and resulted to the restoration and rehabilitation of almost one third of the total building capacity and to the completion of the soil restoration for the park’s surrounding environment. Since 1998, when LTCP started its operations, more than 40 companies have been incubated in the park. Some of them grew and moved out successfully, some are still active in the park and some failed. Furthermore, NTUA’s research and educational activities, mainly those related to the broader area, are hosted in the LTCP.