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
- Τo state and local authorities through taxation: €82.6 million
- Return to shareholders and minorities: €24.9 million
TITAN strives to be a responsible corporate citizen. That includes ensuring workplace safety, respecting human rights, investing in strong and sustainable communities while working constructively with key stakeholders to provide win-win solutions on certain issues.