Titan Cement

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Titan Cement Company S.A.
Τσιμέντων Τιτάν Α.Ε.
Traded as AthexTITK
Industry Cement and Building materials
Founded 1902
Founders Nikolaos Canellopoulos
Headquarters Athens, Greece
Area served
Europe, America, Middle East
Key people
Andreas Canellopoulos (Chairman)
Dimitrios Papalexopoulos (MD)
Products Cement
construction aggregates
ready mix concrete
fly ash
dry mortars
building blocks
Revenue Decrease2.758 billion (end 2015)[2]
Decrease 281.6 million (end 2015)[2]
Profit Decrease230.9 million (end 2015)[2]
Total assets Increase5.811 billion (end 2015)[2]
Total equity Increase€3.627 billion (end 2015)[2]
Owner Andreas L. Canellopoulos (30.39%)
Edyvem limited (11.16%)
Number of employees
6,501 (end 2015)[2]
Website http://www.titan-cement.com/

Titan Cement Company S.A. is a large multinational cement and building materials producing company, based in Athens, Greece.

TITAN was founded in 1902, and was listed on the Athens stock exchange ten years later, in 1912. Among the company’s assets are 13 cement production facilities, 3 located in Greece, 2 in the USA (Virginia and Florida), 5 in Southeastern Europe (Bulgaria, Serbia, Albania, Kosovo and Republic of Macedonia) and 3 in Middle East (Egypt and Turkey), 25 distribution terminals, 126 ready-mix plants, 64 quarries, 3 grinding plants, 9 concrete block plants, 9 Fly ash processing plants, 1 dry mortar plant and 1 processed engineered fuel facility.[3]

In 2015, TITAN Cement had a total turnover of €2.758 billion and a net profit of €230.9 million.[2] TITAN participates in local and international CSR and Sustainability initiatives and is a member of CSR Europe, WBCSD and CSI.[4][5][6] In August 2016, Titan acquired an equity stake in Companhia Industrial de Comento Apodi, a Brazilian cement manufacturer.[7]


  1. ^ preferred share
  2. ^ a b c d e f g http://integratedreport2014.titan.gr/downloads/TITAN_Summary_Integrated_Report_2014_GR.pdf
  3. ^ http://integratedreport2014.titan.gr/downloads/TITAN_Integrated_Report_2014_Overview_ENG.pdf
  4. ^ "Corporate members - CSR Europe". Retrieved 24 April 2017. 
  5. ^ "The Cement Sustainability Initiative (CSI) - Members". Retrieved 24 April 2017. 
  6. ^ Joomla!. "CSI 2012 Progress Report - Home". Retrieved 24 April 2017. 
  7. ^ Titan Cement invests in Brazil, World Cement, 4 August 2016.

[1] External links[edit]

  1. ^ http://integratedreport2014.financial.titan.gr/Uploads/2014_TITAN_Integrated_Report.pdf