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.

Titan Cement Group.
Όμιλος Τσιμέντων Τιτάν

Company type	S.A. (corporation)
Traded as	Euronext Brussels: TITC CAC All-Share
ISIN	BE0974338700
Industry	Cement and Building materials
Founded	1902 in Greece
Founders	Nikolaos Canellopoulos
Headquarters	Athens, Greece
Area served	Europe, America, Middle East
Key people	Dimitri Papalexopoulos (Chairman) Michael Colakides (Managing Director and Group CFO)
Products	Cement construction aggregates ready mix concrete fly ash dry mortars building blocks
Revenue	€1.607 billion (2020)[1]
Operating income	€286.2 million (2020)[1]
Net income	€37.451 million (2020)[1]
Total assets	€2.678 billion (2020)[1]
Total equity	€1.266 billion (2020)[1]
Owners	E.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]
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.

Gallery

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