< Greece
Social Solidarity and Volunteering
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
Donating blood in a country that demand exceeds existing supplies is always a priority. For TITAN, the annual blood donation program runs from the 1960’s and remains a significant event for the company and its employees who have taken action to expand this initiative among their family members, friends and neighbors from local communities. The collective effort of the last two decades has resulted in a total of 5,239 units of blood, which equals approximately 300 units annually. This is a remarkable effort, considering that the number remains steady over the years, although many of the older blood donors have retired and the total number of employees has reduced. New employees have replaced their colleagues with enthusiasm keeping the level of 300 units of blood per year.