Integrated Annual Report 2019

The Integrated Annual report 2019 was prepared as an attempt to best communicate to stakeholders the company’s sustainability strategy, priorities and performance in 2019 ensuring a high level of transparency through a third-party assurance.

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Our products

Zlatna Panega Cement AD is one of the biggest manufacturers of cement and concrete mixes in Bulgaria. Our products are a guarantee for high-quality building materials.

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About TITAN Group

TITAN Group is an international cement and building materials producer aspiring to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.

The Group has cement production facilities in 10 countries and presence in more than 15 countries. With an annual capacity of 27 million metric tons of cement and cementitious materials, it employs about 5,500 people worldwide.

The Group’s business activities include the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials.

We create value through the transformation of raw materials into building products, their distribution to customers and the provision of related services, serving the societal need for safe, durable, resilient and affordable housing and infrastructure.

By actively participating in global collaborations and international organizations we aim to address global sustainability challenges, under the framework of the UN Sustainable Development Goals for 2030. We are a participant of 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.

TITAN Group in Bulgaria

The Titan Group has been in Bulgaria for more than 10 years and has invested more than EUR 130 million in modernizations.

Zlatna Panega Cement is one of the leading manufacturers of high quality cement in Bulgaria. The company operates ready mix units in three major cities planning to enter other locations and is also looking for new gravel and sand quarries. Success is vested in the best existing production technologies used and in know-how. The activities of Zlatna Panega Cement improve the living standard in the region at the same time supporting social and cultural initiatives and preserving the environment.

TITAN Worldwide