Titan Cement

Titan Cement Company S.A.
Τσιμέντων Τιτάν Α.Ε.

Type	S.A.
Traded as	:  :
Industry	Cement and Building materials
Founded	1902
Founders	Nikolaos Canellopoulos
Headquarters	Athens, Greece
Area served	Europe, America, Middle East
Key people	Andreas Canellopoulos (Chairman) Dimitrios Papalexopoulos (MD)
Products	Cement construction aggregates ready mix concrete fly ash dry mortars building blocks
Revenue	€2.758 billion (end 2015)
Operating income	281.6 million (end 2015)
Profit	€230.9 million (end 2015)
Total assets	€5.811 billion (end 2015)
Total equity	€3.627 billion (end 2015)
Owner	Andreas L. Canellopoulos (30.39%) Edyvem limited (11.16%)
Number of employees	6,501 (end 2015)
Website	http://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.

In 2015, TITAN Cement had a total turnover of €2.758 billion and a net profit of €230.9 million. TITAN participates in local and international CSR and Sustainability initiatives and is a member of CSR Europe, WBCSD and CSI. In August 2016, Titan acquired an equity stake in Companhia Industrial de Comento Apodi, a Brazilian cement manufacturer.