Bulgaria-based Zlatna Panega AD, a subsidiary of Greece's Titan Group, reported record revenue of EUR93.1m in 2025, up 16.7 per cent from EUR79.8m in the previous year.

The increase was driven by higher sales volumes and the expansion of the company's ready-mix concrete operations, supported by strong domestic demand and growth in residential and logistics construction in major cities.

EBITDA rose by 5.2 per cent to EUR22.1m from EUR21m in 2024, according to the company's 2025 integrated annual report.

Capital expenditure declined to EUR4.6m from EUR9m in 2024, with investments focussed on production facilities, laboratory equipment and fire protection systems.

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The company also reported progress in decarbonising its cement operations. Its alternative fuel substitution rate in clinker production increased to 51.2 per cent, while nearly 140,000t of waste was recovered for use as alternative fuels and raw materials. Net direct CO2 emissions fell by nine per cent to 551.1kg/t of cement product.