SUSTAINABLE DEVELOPMENT
by being an active member of society
TITAN is a company committed to ensuring sustainable development of local communities in the region where it operates. As part of the Group, Zlatna Panega Cement AD fulfills that commitment through long-term investments in initiatives and strategic partnerships. Our activities in the field of CSR help us create and maintain long-term relationships with our stakeholders and enable us to increase our prospects for the well-being of local communities.
Local community support is the key to the long-term success and sustainability of the TITAN Group. We have implemented an intensive program aimed at sustainable resolving of the key issues in the region related to poverty, youth unemployment, access to quality education, health awareness culture and environmental protection.
In 2013, as part of its Corporate Social Responsibility policy, TITAN Bulgaria started the Adopt the River Zlatna Panega Project, taking commitment to support and work towards a lasting improvement of the living standard of the population in the region.
The five-year work within the project laid a solid foundation, led to the expansion of the stakeholders' network, attracted new non-governmental partners.
- TITAN Group Social Policy (Size: 64 KB)
ABOUT THE ADOPT THE ZLATNA PANEGA RIVER PROJECT
Founders of the project are 17 stakeholders, among which: representatives of the local business (Zlatna Panega Cement AD, Wienerberger EOOD and others), state and local authorities (the Labour Directorate of Teteven, Yablanitsa Municipality, Lukovit Municipality), Pleven Regional Historical Museum, Institute of Biodiversity and Ecosystem Research at the Bulgarian Academy of Sciences, local schools and non-governmental organizations (Foundation Regional Environmental Center for Central and Eastern Europe - Branch Bulgaria, National Network of Health Mediators Association) and others. In 2013, the abovementioned parties signed a Memorandum of Understanding to achieve a comprehensive and long-term sustainable development of the region along the River Zlatna Panega by joining forces under three main pillars:
- Creating conditions and a platform for establishing, supporting and developing successful regional micro-business;
- Implementation of environmental activities, including the protection of the biodiversity along the river and increasing the environmental awareness of the population;
- Development of a range of social activities to support the local people in the region, such as improving education in schools and promoting health awareness of the population around.
CHARITY ACTIVITIES
As part of its CSR policy Zlatna Panega Cement AD participates in many charity funding campaigns in support of schools and community centers, construction of churches and temples, development of Bulgarian sports, etc.
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
Schools and community centers | 25 160 | 49 353 | 41 203 | 73 699 | 109 440 | 21 000 |
Mayoralities and municipalities | 20 809 | 57 859 | 34 915 | 49 797 | 25 127 | 61 274 |
Churches | 24 740 | 11 283 | 29 839 | 32 247 | 16 764 | 37 004 |
Sports | 15 203 | 20 366 | 86 451 | 39 031 | 15 360 | 31 630 |
Others | 61 339 | 157 857 | 39 696 | 10 456 | 38 280 | 27 415 |
TOTAL | 147 251 | 296 735 | 232 104 | 207 245 | 204 970 | 178 323 |
Donations made by the company in the period of 2011 – 2016, in BGN