TITAN Cement Company S.A. is a large cement producing company, based in Athens, Greece. Founded in 1902, it was listed on the Athens stock exchange ten years later. The company has an annual cement production capacity of 6 million tons in Greece and a market share of around 40%. The Titan Group's annual production capacity abroad is another 8 million tons. Among the assets are 11 cement production facilities, 4 located in Greece, 2 in the USA (Virginia and Florida), 3 in Southeastern Europe (Bulgaria, Serbia and former Yugoslav Republic of Macedonia) and 2 in Middle East (Egypt), 7 cement distribution centres, 67 ready-mix concrete facilities, 10 quarries, 3 mines, 1 mortar production facility and 1 china tableware factory. In 2004, TITAN S.A. had a total revenue of 1.104 billion Euro and a net income of 169 million Euro. Since the last decade, one of the major policies is international expansion, including a joint venture with Lafarge, the worldwide leader in cement production in 1999 and the purchase of Tarmac America Inc. in 2000. Titan Cement maintains its headquarters in Ano Patissia.
External links
Sources
 FTSE/Athex 20 companies of Greece |
|---|
|
Alpha Bank · ATEbank · Bank of Cyprus · Coca-Cola E.E.E. · ELTEX · Eurobank EFG · Greek Postal Savings Bank · Hellenic Petroleum · Intralot · National Bank of Greece · Marfin Investment Group · Marfin Popular Bank · Motor Oil Hellas · Mytilineos · OPAP · OTE · Piraeus Bank · Public Power Corporation · Titan Cement · Viohalco |
