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Company profile

Titan Cement International SA is a multiregional cement and building materials producer. Business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Group employs over 5,000 people and operates in more than 25 countries, holding prominent positions in the United States, Greece, the Balkans, and the Eastern Mediterranean. Throughout its history the Group has aspired to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.

Source: Cofisem - Last Update: 24 Jan 2025
Key Executives
Chief Executive Officer Michael Colakides
Chief Financial Officer Michael Colakides
Group Operations Director Bill Zarkalis
Chief Technology Officer Samir Cairae
Director of Sustainable Development Leonidas A. Canellopoulos
Chief Human Resources Officer Alexandra Eleftheriou
Strategy Director Antonis Kyrkos
Source: Cofisem - Last Update: 24 Jan 2025
Key figures
Millenium 2023 2022 2021 2020 2019
Net sales 2.546.974 2.282.207 1.714.623 1.607.033 1.609.778
Income from ordinary activities 2.546.974 2.282.207 1.714.623 1.607.033 1.609.778
Operating income 407.024 182.138 138.728 100.050 127.168
Cost of financial indebtedness net 41.524 39.143 35.972 48.397 58.463
Equity-accounted companies contribution to income 2.586 1.876 3.291 3.200 1.366
Net profit from discontinued activities
Net income 272.646 110.481 91.555 1.552 53.155
Net income (Group share) 268.689 109.655 91.923 1.518 50.905
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS
Source: Cofisem - Last Update: 24 Jan 2025
Shareholder information
E.D.Y.V.E.M public company LTD and TCI founders (acting in concert) 48,89 %
Other shareholders 36,12 %
FMR LLC 9,99 %
Group-owned stock 5,00 %
Source: Cofisem - Last Update: 24 Jan 2025

Address

Titan Cement International SA

Office 501, 4th FLOOR Square de Meeûs 37
BE-1000 Bruxelles
Belgium
Phone number: +32 27268058
Source: Cofisem - Last Update: 24 Jan 2025

Contact

Spyros Kamizoulis
Phone number: +302102591795
Source: Titan Cement International SA - Last Update: 24 Jan 2025