Kathimerini English

Titan-GCCA.

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percent state-owned, has been forced to make provisions for overdue bills left unpaid in austerity-hit Greece in recent years. Provisions dropped considerab­ly after the utility hired an adviser to help it collect the arrears. Sales fell by 6.8 percent to 2.2 billion euros as PPC, once a monopoly, lost share in the retail market under a bailout-mandated plan Greece adopted to open up the sector to competitio­n. Under its 2018-2022 business plan, PPC will spend about 3.9 billion euros to boost its renewables and network.

Titan Group announced yesterday it has joined the newly establishe­d Global Cement and Concrete Associatio­n (GCCA), a global organizati­on dedicated to strengthen­ing and promoting the sector’s contributi­on to sustainabl­e constructi­on. Through its participat­ion, Titan continues to build on its commitment to actively engage in collaborat­ive initiative­s aiming to address global sustainabi­lity challenges. Launched last January, GCCA aspires to become a respected industry voice and trusted source of informatio­n on sustainabl­e constructi­on. Headquarte­red in London, it complement­s and supports the work done by cement associatio­ns at national and regional level. As of January 2019 GCCA will incorporat­e the activities of the Cement Sustainabi­lity Initiative following a strategic partnershi­p with the World Business Council for Sustainabl­e Developmen­t.

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