Business Activity
In Bulgaria, cement demand stabilized after two years of sizeable contraction.
Social Performance
Stakeholder Engagement
Continuous improvement of corporate social responsibility and sustainability performance depends on comprehensive and systematic stakeholder dialogue and effective engagement.
Environmental educational program
In 2011, TITAN Zlatna Panega Cement launched a joint project with the Regional Environmental Center for Central and Eastern Europe (REC) aimed at developing and promoting environmental educational toolkits in public schools.
Environmental Performance
New Processed Engineered Fuel installation (Zlatna Panega cement plant, Bulgaria)
In mid-2011, the Zlatna Panega cement plant commissioned its new installation for alternative fuels. In July, testing of the shredding equipment was performed and in August the first energy recovery from the new alternative fuels was successfully accomplished.
Biomass project (Zlatna Panega cement plant, Bulgaria)
In the spring of 2010, the Zlatna Panega cement plant, in collaboration with the Bulgarian Science Academy, selected and planted experimentally five types of fast-growing species (two grass species and three tree species) or “Energy Crops”.