|Traded as||Athex: TITK
|Industry||Cement and Building materials|
|Europe, America, Middle East|
|Andreas Canellopoulos (Chairman)
Dimitrios Papalexopoulos (MD)
ready mix concrete
|Revenue||€2.758 billion (end 2015)|
|281.6 million (end 2015)|
|Profit||€230.9 million (end 2015)|
|Total assets||€5.811 billion (end 2015)|
|Total equity||€3.627 billion (end 2015)|
|Owner||Andreas L. Canellopoulos (30.39%)
Edyvem limited (11.16%)
Number of employees
|6,501 (end 2015)|
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.
In 2015, TITAN Cement had a total turnover of €2.758 billion and a net profit of €230.9 million. TITAN participates in local and international CSR and Sustainability initiatives and is a member of CSR Europe, WBCSD and CSI. In August 2016, Titan acquired an equity stake in Companhia Industrial de Comento Apodi, a Brazilian cement manufacturer.
- preferred share
- "Corporate members - CSR Europe". Retrieved 24 April 2017.
- "The Cement Sustainability Initiative (CSI) - Members". Retrieved 24 April 2017.
- Joomla!. "CSI 2012 Progress Report - Home". Retrieved 24 April 2017.
- Titan Cement invests in Brazil, World Cement, 4 August 2016.