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Titan Cement

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Belgian materials company
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Titan Cement Group.
Όμιλος Τσιμέντων Τιτάν
Company typeS.A. (corporation)
Traded asEuronext BrusselsTITC
ISINBE0974338700
IndustryCement and Building materials
Founded1902 in Greece
FoundersNikolaos Canellopoulos
HeadquartersAthens, Greece
Area servedEurope, America, Middle East
Key peopleDimitri 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)
Operating income€286.2 million (2020)
Net income37.451 million (2020)
Total assets2.678 billion (2020)
Total equity€1.266 billion (2020)
OwnersE.D.Y.V.E.M. Ltd (37.03%)
Paul and Alexandra Canellopoulos Foundation (10.09%)
FMR LLC (9.99%)
Number of employees5,359 (2020)
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.

Gallery

  • Titan cement plant in Drepano as seen from nearby hills Titan cement plant in Drepano as seen from nearby hills
  • Titan cement production facilities in Drepano Titan cement production facilities in Drepano

References

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

External links

Greece Selected FTSE/Athex Large Cap companies of Greece (2 July 2017)
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