Type S.A. Headquarters Athens, Greece Founded 1902 | Founders Nikolaos Canellopoulos Founder Nikolaos Canellopoulos | |
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Traded as Athex: TITK
Athex: TITP Industry Cement and Building materials Area served Europe, America, Middle East Key people Andreas Canellopoulos (Chairman)
Dimitrios Papalexopoulos (MD) Subsidiaries Cementi Crotone Srl, Thisvis Quarries S.A. | ||
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.