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Titan Cement

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Titan Cement Company S.A.
Τσιμέντων Τιτάν Α.Ε.
Company typeS.A.
AthexTITK
AthexTITP[1]
IndustryCement and Building materials
Founded1902
Headquarters
Key people
Andreas Canellopoulos (Chairman)
Dimitrios Papalexopoulos (MD)
ProductsCement
construction aggregates
ready mix concrete
fly ash
dry mortars
building blocks
RevenueDecrease2.758 billion (end 2015)[2]
Decrease 281.6 million (end 2015)[3]
Decrease230.9 million (end 2015)[4]
Total assetsIncrease5.811 billion (end 2015)[5]
Total equityIncrease3.627 billion (end 2015)[6]
OwnerEdyvem Ltd (11.2%)[7]
Andreas L. Canellopoulos (10.4%)[8]
Number of employees
6,501 (end 2015)[9]
Websitehttp://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.[10]

In 2015, TITAN Cement had a total turnover of €2.758 billion and a net profit of €230.9 million.[11] TITAN participates in local and international CSR and Sustainability initiatives and is a member of CSR Europe, WBCSD and CSI.[12][13][14]

References