Titan Cement
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.
 | |
| Type | S.A. (corporation) |
|---|---|
| Euronext: TITC Athex: TITC[1] | |
| Industry | Cement and Building materials |
| Founded | 1902 in Greece |
| Founders | Nikolaos Canellopoulos |
| Headquarters | |
Area served | Europe, America, Middle East |
Key people | Eystratios Arapoglou (Chairman) Dimitrios Papalexopoulos (MD) |
| Products | Cement construction aggregates ready mix concrete fly ash dry mortars building blocks |
| Revenue | €1,490 billion (2018)[2] |
| €259,741 million (2018)[2] | |
| €55,984 million (2018)[2] | |
| Total assets | €2,869 billion (2018)[3] |
| Total equity | €1,471billion (2018)[3] |
| Owners | EDYVEM & TCI/TITAN founders 38% Paul and Alexandra Canellopoulos Foundation 9.88%[4] |
Number of employees | 5,365 (end 2018)[2] |
| Website | www.titan-cement.com |
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.
