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Unformatted text preview: ere recorded in a total of 6.5 million
working hours are strengthening our commit
ment to continuous selfassessment and self
improvement. As expected the global financial and economic
crisis impacted on our business in 2009. Steep
declines in demand regrettably led to manpow
er reductions, which were treated in line with
our values and commitments, with a view to
minimizing and softening the negative implica
Every crisis undoubtedly presents threats and
entails risks, demanding strong leadership, cor
rect assessment and effective management,
but can also generate positive change, creating
new opportunities to be seized and exploited.
The current circumstances have done much to
hone our management’s leadership skills and to
enhance our organization’s capacity for change.
Our efforts were recognized by Fortune maga
zine and Hewitt Associates, which in their 2009
survey, placed TITAN 1st in Europe and 8th in During the year, we continued to make progress
against our targets on most fr...
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This document was uploaded on 03/30/2014.
- Spring '14