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Titan Cement
Greek materials company
Greek materials company
| Field | Value |
|---|---|
| name | Titan Cement Group. |
| Όμιλος Τσιμέντων Τιτάν | |
| logo | Titan Cement.svg |
| logo_size | 250px |
| type | S.A. (corporation) |
| traded_as | |
| CAC All-Share | |
| ISIN | |
| industry | Cement and Building materials |
| foundation | 1902 in Greece |
| founders | Nikolaos Canellopoulos |
| location_country | Athens, Greece |
| key_people | Dimitri Papalexopoulos (Chairman) |
| Michael Colakides (Managing Director and Group CFO) | |
| area_served | Europe, America, Middle East |
| products | Cement |
| construction aggregates | |
| ready mix concrete | |
| fly ash | |
| dry mortars | |
| building blocks | |
| revenue | €1.607 billion (2020) |
| operating_income | €286.2 million (2020) |
| net_income | €37.451 million (2020) |
| assets | €2.678 billion (2020) |
| equity | 1.266 billion (2020) |
| owners | E.D.Y.V.E.M. Ltd (37.03%) |
| Paul and Alexandra Canellopoulos Foundation (10.09%) | |
| FMR LLC (9.99%) | |
| num_employees | 5,359 (2020) |
| website | www.titan-cement.com |
Όμιλος Τσιμέντων Τιτάν CAC All-Share Michael Colakides (Managing Director and Group CFO) construction aggregates ready mix concrete fly ash dry mortars building blocks Paul and Alexandra Canellopoulos Foundation (10.09%) FMR LLC (9.99%) 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 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.
In December 2025, it was announced that Titan Cement Group had entered into an agreement to acquire 100% of Traçim Çimento Sanayi ve Ticaret A.Ş., a cement manufacturer based near Istanbul, Türkiye, for approximately US$190 million. The acquisition includes an integrated cement plant with an annual capacity of about 2.5 million tonnes and is intended to strengthen Titan’s operations in Western Türkiye while enhancing its export capabilities to neighbouring regions and the United States.
Gallery
References
References
- Titan Cement Group. link
- "Shareholder Structure".
- Lloyd-Perks, Alfie. (2025-12-12). "TITAN Group sign agreement to acquire Traçim Cement".
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