Titan subsidiary acquires EBRD stake in ANTEA Cement

Titan Group subsidiary Αlvacim Ltd has acquired the 20 per cent stake held by the European Bank for Reconstruction and Development (ΕBRD) in ANTEA Cement, a Titan Group subsidiary in Albania.

As a result of this purchase, Titan Group holds 80 per cent of ANTEA’s share capital, whereas the remaining 20 per cent is held by the International Finance Corporation (IFC).