Titan Cement

Titan Cement Group.
Όμιλος Τσιμέντων Τιτάν
Company typeS.A. (corporation)
Euronext BrusselsTITC
ISINBE0974338700
IndustryCement and Building materials
Founded1902 in Greece
FoundersNikolaos Canellopoulos
Headquarters
Area served
Europe, America, Middle East
Key people
Dimitri Papalexopoulos (Chairman)
Michael Colakides (Managing Director and Group CFO)
ProductsCement
construction aggregates
ready mix concrete
fly ash
dry mortars
building blocks
Revenue1.607 billion (2020)[1]
€286.2 million (2020)[1]
37.451 million (2020)[1]
Total assets2.678 billion (2020)[1]
Total equity1.266 billion (2020)[1]
OwnersE.D.Y.V.E.M. Ltd (37.03%)
Paul and Alexandra Canellopoulos Foundation (10.09%)
FMR LLC (9.99%)
[2]
Number of employees
5,359 (2020)[1]
Websitewww.titan-cement.com

TITAN Group is a Greek producer of cement and building materials, producing 27 million metric tons of cement a year and employing over 5,500 people.

TITAN is a participant in the UN Global Compact (UNGC) and a core member of CSR Europe the World Business Council for Sustainable Development (WBCSD) and the Global Cement and Concrete Association (GCCA).

The Group’s parent company is TITAN Cement International (TCI), a Belgian company listed on Euronext Brussels, Euronext Paris and Athens Exchange. TITAN Cement International became TITAN Group’s parent company following the successful completion of a Voluntary Share Exchange Offer submitted to the shareholders of TITAN Cement Company S.A., the Group’s former parent company, which is based in Greece. The statutory seat of TCI is in Brussels, while its seat of management is in Cyprus.

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References

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  1. ^ a b c d e f Ενιαία Ετήσια Έκθεση Απολογισμού 2020 [Annual Report 2020] (PDF) (in Greek). Titan Cement Group.
  2. ^ "Shareholder Structure".
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