History Timeline

A STORY ABOUT STRONG FOUNDATIONS

In 1902, we laid the foundations of TITAN and, since then, we have been growing steadily. With a deep sense of respect for our employees, society and the environment and an enduring commitment to our work, our principles and our vision, we have been writing a Greek story with global reach.

1902

TITAN is founded with the opening of the first cement plant in Elefsina, Greece. It is the first cement-producing unit in Greece.

1911

The company becomes a Société Anonyme under the name "TITAN Cement S.A.".

1912

TITAN is listed on the Athens Stock Exchange.

1922

TITAN workforce is insured against occupational accidents, a pioneering decision at the time.

1924

The Elefsina plant is powered using own-produced electricity.

1933

First cement exports, to Brazil.

1934

A Christmas bonus to employees is introduced, twenty years before it became mandatory in Greece under statutory law. In 1938, TITAN introduces an Easter bonus for its workforce.

1937

The Elefsina plant is refurbished and new rotary kilns are installed.

1939

During World War II, the Company’s exports are suspended, bringing TITAN's international expansion to a halt. This is a time, however, when the Company consolidates its business in Greece. TITAN resumes its export operations in the late 1940s, boosting the production of the Elefsina plant. In 1957, TITAN's exports make up 52% of the Company’s sales and approximately 50% of the country's total exports in cement.

 

1951

White cement is produced and distributed in Greece and abroad.

1960

The post of occupational doctor is created at the Elefsina plant and a staff health check-up plan is set up.

1960

In parallel with investing in its growth, TITAN takes action to protect the environment and installs the first environmentally friendly electrostatic filters in Greece.

1962

TITAN’s second cement plant is established in Efkarpia, Thessaloniki. 

1964

The post of social worker is created in all plants, paving the way for a new institution in Greece.

1967

TITAN sets up its own blood bank, supported by employee voluntary blood donation.

1968

Production begins in the Company's third cement plant in Drepano, Achaia. In 1971, a new production unit is added to the plant and production is trebled.

1976

The company's fourth cement plant comes into operation in Kamari, Viotia.

1976

Accident Prevention Staff Committees are set up at TITAN's plants 10 years before pertinent legislation is passed in Greece. The Company also introduces Occupational Safety Awards.

1978

"INTERBETON Construction Materials S.A." is founded, for the production, transportation and trading of concrete.

1979

The Group begins to expand and currently operates cement plants in 10 countries. The most recent acquisition is that of an equity stake in the Brazilian cement manufacturer Companhia Industrial de Cimento Apodi (2016).

 

 

 

 

See more about TITAN Group's international operations here

 

 

 

 

 

 

1985

First exports to the USA.

1991

TITAN focuses on vertical integration and invests in aggregates quarries and ready-mix concrete plants.

1997

Production of INTERMIX dry mortars begins in Greece.

2000

TITAN becomes a founding member of the Hellenic Business Network for Social Cohesion, later renamed CSR Hellas.

 

In 2005, the company becomes a member of the CSR Europe network.

2002

TITAN's 100th anniversary; celebrated with a series of CSR-themed events throughout Greece.

2002

TITAN is the first Greek company to sign the United Nations Global Compact. In 2017, the company renews its commitment.

2003

TITAN joins as key member the Cement Sustainability Initiative (CSI) of the World Business Council for Sustainable Development (WBCSD). In 2008,TITAN becomes a founding member of the Hellenic Federation of Enterprises Business Council for Sustainable Development (SEV BCSD).

2003

The new state-of-the-art production line at the Thessaloniki (Efkarpia) plant comes into operation.

2012

ΤITAN Cement S.A. celebrates 100 years on the Athens Stock Exchange.

2014

TITAN signs the Charter for a Sustainable Greece in the context of the "Sustainable Greece 2020" initiative for sustainable development.

2017

TITAN Group signs the European Pact for Youth and adopts its principles, thus reiterating its commitment to Greece’s youth.

2017


Here you can read the Historical Path in a pdf file.