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Unformatted text preview: achieve business objec
tives and sustainable growth, TITAN considers
their health and safety at work and their well
being as a top Company priority.
The TITAN Group employees are in majority
fulltime direct employees who can be divided
to (a) management employees, (b) supervisory
and professional employees and (c) operational
employees. Indirect employees are those pro
viding their services contracted by TITAN sup
pliers and contractors.
In 2009 TITAN’s fulltime employees were a total
of 5,903 approximately 600 less than at the end
of 2008, a total reduction of 9.2% caused by
the continuing economic recession. According
ly, the number of indirect employees decreased
approximately by 35% in 2009 compared to
2008. The majority of indirect employees serves
in activities like quarrying, transportation and
maintenance and construction projects like the
new production line in Egypt and the new ce
ment plant in Albania. The TITAN Group policy
provides opportunities for local employment
either directly or indirectly through skills and
competencies developing programs as in the
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This document was uploaded on 03/30/2014.
- Spring '14