We have published our 2022 Integrated Annual Report, providing insights into the most important business results during last year. Besides the ESG performance results (ESG – Environmental, Social and Governance), the document includes key figures from the consolidated Financial Statements.
The Report is aligned with international reporting standards, it follows TITAN Group guidelines, and covers all material aspects of the business, identified through a systematic process of stakeholder engagement.
- We produced and placed on the market nearly 650,000 tons of cement, making 2022 the second most successful year in our history in terms of production volume
- Our consolidated revenue increased by 30.2%, while EBITDA, with an increase of 16.3% compared to 2021, reached the highest value in the company’s history
- During 2022 we had zero lost time injuries for our employees and contractors, and we received the TITAN Group’s regional recognition for the Best Safety Performance Plant
- Aiming to reduce CO2 emissions, we launched onto the market a new type of eco-efficient cement, in addition to continuous improvements and investments in environmental protection
TITAN Cementara Kosjerić 2022 Integrated Annual Report is available here. The Report has been verified by independent auditors from Grant Thornton Serbia.