Who we are

Creating high quality, durable, sustainable & eco-friendly cement products

Titan Albania is an investment with the highest standards applied in terms of construction and operation in Albania and a total value exceeding 200 million Euro. The Plant was constructed by CBMI Construction Co, a Chinese construction company. Under the supervision of TITAN Engineering which implemented the highest possible safety standards the project was completed on time, within the forecasted budget and with zero accidents. ANTEA Cement has a production capacity of 1.4 million ton of cement yearly and 3.300 ton clinker per day. The plant is located at Boka e Kuqe, Borizane which is 50 km away from Tirana, the capital city of Albania. The plant serves not only local market demand in Albania but also exports to neighboring countries.

We ensure energy efficiency and environmental effectiveness

The plant has been constructed with the best available technologies. As an example, the plant uses closed storage for over 100.000 tons of raw materials, and all transportation of materials within the plant is via covered conveyors to decrease fugitive dust. The latest technology with vertical grinding mills which take less space is being used, ensuring a better environmental performance and higher efficiency in electricity consumption.

We address society's concerns on the Environment

To address society’s concerns an elaborated Environmental and Social Impact Assessment Study (ESIA) has been performed by Atkins, an internationally renowned environmental consultancy company. The study included a survey of the societal concerns of the local inhabitants resulting in a five year Social Compensation Plan.

Creating Value

At Titan Albania we are committed to create value for our employees, the local community, our suppliers and clients through strengthening our core values, applying ethical business practices having an open and continuous communication with all stakeholders and addressing their most material issues in a timely and proper manner.We have in place an annual CSR Action Plan designed to implement all the development projects, actions and activities falling under the four pillars of the CSR strategy.

 

4 Pillars of our CSR Strategy

At Titan Albania we are committed to create value for our employees, the local community, our suppliers and clients through strengthening our core values, applying ethical business practices having an open and continuous communication with all stakeholders and addressing their most material issues in a timely and proper manner.

Our Values

At our core, we believe in sustainability, innovation, and community—building a future as strong and enduring as the foundations we help create.

We Care

For us, care isn’t just a word; it’s a responsibility that shapes how we engage with the world around us and the ethos that guides our every action.

We Care About:

We Dare

Challenges and ambitious goals don’t daunt us; they energize us.

We Dare To:

We Build To Last

We believe that true success is built on a foundation of enduring value.

Building to last comes with:

We Walk The Walk

We believe that true success is built on a foundation of enduring value.

Administration

Dimitris Dimou

General Manager

About

Dimitris Dimou brings with him extensive technical expertise and a solid track record in the industry, which he will leverage to drive Titan Albania’s ongoing success and sustainable growth. With two decades of experience in fuels, construction, and building and industrial materials, Dimitris has led various business functions and spearheaded transformative initiatives focused on excellence in Commercial and Supply Chain Operations.

 His academic credentials include a Master’s degree in Reliability Engineering from The University of Arizona, where he also served as a Research Scholar and a Diploma in Mechanical Engineering from Aristotle University of Thessaloniki in Greece.

Supervisory Council

Ioannis Paniaras

Loukas Petkidis

Christos Panagopoulos

Boris Hrisafov

Grigorios Dikaios

Committees

The Board of Directors has set up the following specialized committees, to analyze specific issues and advise the board on those issues. The terms of reference of these committees are set out in the Corporate Governance Charter.

The Company’s Management engages in the Quality System through the Quality Board. In general, the Quality Board has the following responsibilities:

• Establishing the Company’s Quality Policy
• Adopting the Quality System’s and specifications
• Conducting the internal quality audits
• Conducting reviews of the Quality System
• Establishing quality targets

The Environmental Board is responsible for identifying the environmental aspects, determining the emergencies and the need for preparing emergency plans, reviewing the Environmental Management System on annual basis, etc.

The Social Accountability Board is responsible to identify SA8000 Standard’s issues, determine the required preventive or corrective actions and review the SA8000 Standard on an annual basis.

The Conflict-of-Interest Committee oversees the implementation of Conflict-of-Interest procedure and provides resolution to all reported or identified conflicts of interest.

H&S Committee provides strategic and tactical guidance to Health and Safety improvement initiatives at TITAN Albania plant. It shall establish effective business processes, to promote the full implementation of TITAN’s Group Health & Safety Policy.

This Committee oversees the receivables and debts from the Clients and its main tasks include:
• Evaluation and approval of credit
• Customer’s Appraisal forms/customer rating
• Settlement of customers’ debts
• Debt coverage I Guarantees
• Credit Monitoring and Control
• Definition of provisions linked to credit risk

The main task of the CSR Committee is to prepare and implement the CSR Action Plan, which reflects the material issues of the company and their proper management. CSR Committee also conducts the following tasks:
• Proposing, drafting and approving CSR related policies and procedures
• Assessing and deciding upon CSR Projects
• Preparing the Annual Integrated Report
• Preparing other publications such as fact sheets, newsletters etc.
• Engaging with the Local Community through a grievance mechanism
• Developing and implementing Community Engagement Action Plan

Get TitanUP - Albania

Titan Albania as best practice

Although the environment where we operate has its own challenges, we strive to be responsible company through identifying our impact on the society and taking action to create value for its stakeholders by minimizing the adverse effects while increasing welfare and will being of our employees, local communities and partners.

Numbers at a glance

110.65

Million

Consolidated Revenue

40.57

Million

Consolidated EBITDA

66.23

Million

Consolidated Suppliers Expenditure

66.11

Million

Stand Alone Suppliers Expenditure

12.32

Million

Stand Alone Tax to Central & Local Government

4.95

Million

Consolidated Capital Expenditures

103.22

Million

Consolidated Revenue

24.63

Million

Consolidated EBITDA

86.83

Million

Consolidated Suppliers Expenditure

85.68

Million

Stand Alone Suppliers Expenditure

7.13

Million

Stand Alone Tax to Central & Local Government

4.80

Million

Consolidated Capital Expenditures

The Albanian ESG Network

ESG Network Logo (2) (1)