Titan Cement of Greece has reached an agreement with Kosovo's privatisation authority for the acquisition of the Sharr Beteilingung Group, which owns and operates a cement plant in Sharr. The new acquisition is not expected to have a significant effect in Titan's results this year since the Sharr plant, with an annual production capacity of 600,000tonnes, was already managed by the Greek group's management, under a leasing agreement.
Titan Cement of Greece has reached an agreement with Kosovo’s privatisation authority for the acquisition of the Sharr Beteilingung Group, which owns and operates a cement plant in Sharr.
The new acquisition is not expected to have a significant effect in Titan’s results this year since the Sharr plant, with an annual production capacity of 600,000tonnes, was already managed by the Greek group’s management, under a leasing agreement.
