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Implementing a CSR strategy in Albania
Distribution of value created by TITAN Group in 2011
Total value created in 2011 was €1026.6 million and distributed to key stakeholders as follows:
- To employees for salaries, pensions and social benefits, including additional benefits beyond those provided by law: €218.1 million
- To local and international suppliers: €642.9 million
- For new investments in fixed assets: €58.1 million
- To state and local authorities through taxation: €82.6 million
- Return to shareholders and minorities: €24.9 million
Aligned with TITAN Group standards and principles, Antea Cement, the Group subsidiary in Albania, has been engaged in a long-term action plan to meet high level environmental and social standards. In 2011, the company efforts were focused on the following:
- Integration of Health, Safety, Environmental, Quality and Social Accountability Management systems and preparation for their certification according to ISO 14000, SA 8000 and OHSAS 18001.
- Launching and implementation of Personnel Improvement Process and execution of collective contact between company and Employees Trade Union as agreed in 2010.
- Rehabilitation of 1.8 ha of the limestone quarries with seedlings of endemic species.
- Improvement of skills and competencies of both directly and indirectly employed personnel with emphasis given on Health and Safety, Contractors’ Crew management and Safe Driving.
- Engaging with employees to improve health and wellness including noise monitoring, medical tests and additional services to support overall improvement of physical condition and wellness.
Throughout the year, Antea, being the most technologically advanced plant in the country, has kept its doors open for study visits and training requested by a number of stakeholders, including academic community, NGOs and public schools. Antea has also launched an internship program for students from the Polytechnic University of Tirana. Moreover, Antea was acknowledged by local authorities for its support in establishing and organizing the second in the country Technical Vocational School which is operating in the region and provides young people with technical skills that are necessary for professional orientation and future employment. From September 2010 to June 2011, the Technical Vocational School of Thumana provided specialized training courses to more than 80 students reaching a total of 1,050 training hours.