IFC invests in Titan's operations in Western Balkans
Titan Cement announced the completion of a EUR50m equity investment by the International Finance Corporation (IFC) in Titan’s subsidiaries in the Western Balkans region includin...
Greece
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Heracles Group sales down 37.6% in 1Q12, Greece
Heracles Group of Companies announced sales of EUR43.89m for the first quarter of 2012, a reduction of 37.60% compared with the EUR70.35m in the same period of 2011 as the Greek...
Heracles Cement industry appointments, Greece
Greece-based Heracles Cement announced the following industry appointments: Stratis Zacharis is appointed as Sales General Manager for cement reporting to the Managing Director,...
Titan Cement 1Q12 loss widens as construction slows
Titan Cement Co SA, Greece’s biggest producer of the building materials, posted a wider 1Q12 loss as the country’s construction industry slowed and bad weather conditions hit th...
Standard & Poor's revises Titan's outlook
Standard & Poor's (S&P) Ratings Services revised its outlook on Titan Cement Co to stable from negative. At the same time, we affirmed our 'BB-' long-term and 'B' short-term cor...