TITAN Bulgaria showcases in the newest CSR textbook

TITAN Bulgaria’s case studies – “Non-Financial Reporting” and “Business Strategy and the UN Sustainable Development Goal ...


„Travelling School of Karst“– А Partnership between TITAN Bulgaria and BAS

In September 2017, TITAN Bulgaria supported for the second time the initiative „Travelling School of Karst’’ of the National Institu ...


Integrated Annual Report 2022

TITAN Zlatna Panega 2022 Integrated Annual Report outlines the company’s financial, environmental and social performance of the company.

This Report is assured by an independent Business Assurance Company at the Advanced Level of Communication on Progress according to the United Nations Global Compact criteria.

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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.


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.


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

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