Greece: Titan to supply quake-hit Kefalonia
Titan Cement is to provide 500t of packed cement to the earthquake-hit island of Kefalonia, catering for repair works urgently needed in buildings of public interest. The Gre...
Greece
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Titan: profits decline, other than in the USA
Titan reported a four per cent improvement in turnover for last year to EUR1175.9m, having risen by 3.6 per cent in 2012. The US proved to be a particularly bright spot in 2013...
Lafarge Volos sets up novel wastewater partnership, Greece
Lafarge's Volos cement plant in Greece has set up a novel partnership with a local drinks company, allowing it to reuse the company's wastewater in the cement producer’s indust...
Titan long-term ratings lifted
The long-term ratings on Greece-based cement producer Titan Cement have been lifted by ratings agency Standard & Poor's (S&P) to 'BB' from 'BB-'. At the same time, it affirmed...
Titan helped by stronger US performance
Titan's turnover increased by 4.9 per cent to EUR888.3m in the first nine months of 2013, but the EBITDA declined by 5.5 per cent to EUR153.6m. However, the third quarter did s...
Titan's European profitability suffers
Titan's first-half turnover improved by 4.4 per cent to €571.9m but the EBITDA fell by 17.8 per cent to €92.2m as European profitability continues to suffer. The trading profi...
Titan recovers in the USA
Titan's first-quarter turnover showed a 7.8 per cent improvement to €243m while the EBITDA fell by 29.4 per cent, in line with the 29.3 per cent reduction seen this time last y...
Goldman Sachs upgrades Titan, Greece
Goldman Sachs has upgraded Titan Cement Co to neutral from sell, Dow Jones reports. While the investment bank remains cautious on Titan's end markets in the near term, it says ...
Greece opposition party meets with Heracles employees
The general secretary of Greece’s Opposition Communist Party of Greece (KKE), Aleka Papariga, has met with representatives of the Heracles Cement plant at the party's headquart...
Heracles to permanently close Halkis cement works, Greece
Heracles Cement, the largest cement producer in Greece, is to permanently close the doors on its Halkis cement plant as the company restructures its business to adjust to the s...