Focus by Country

TITAN

The Albanian economy recorded 3% growth in 2011, resisting the broader economic crisis.

Construction activity in the country remained at the same levels compared to 2010.  Despite the significant decline in net inflows of monetary transfers in the form of remittances, private construction was supported by the opening of new businesses by Albanians returning to the country from abroad.

The new cement plant, only in its second year of operation, managed to keep high capacity utilization rates and recorded operational and cost optimization. The brand name “TITAN Antea” has established itself in the market as one associated with the highest quality. Despite fierce competition, local sales were increased and export volumes remained stable.