We have published the 2023 Integrated Annual Report, which consolidates our ESG results, including achievements in Environmental, Social, and Governance areas, as well as key excerpts from the Consolidated Financial Statements.

This report is prepared in accordance with international reporting standards, follows the guidelines of the TITAN Group, and covers all material aspects of business operations.

• With over 630,000 tons of cement produced, 2023 marked the third most successful year in our 48-year history in terms of production and sales volume.
• We achieved an impressive increase in consolidated revenue by 16.2%, along with a rise in operating profit (EBITDA) by 18.3% compared to 2022.
• Through the collective commitment of our employees and contractors, we celebrated a remarkable milestone in occupational health and safety area last year, achieving 1,030 days without lost-time injuries for our direct employees.
• We invested more than € 552,000 toward projects within the local community, and € 1.8m in environmental performance improvement.

TITAN Cementara Kosjerić 2023 Integrated Annual Report is available here. This document has been certified by an independent auditor from Grant Thornton Serbia.