GAEA Green Alternative Energy EAD is a Bulgarian company whose main activities are waste management/environmental protection, waste utilization and alternative fuels production. GAEA Green Alternative Energy is a joint venture between Evolution Environmental Group LLC ("E2") an American environmental and alternative energy company and Titan Cement SA ("TITAN"), a leading international manufacturer of building materials.
TITAN incorporates more than 40 companies involved in the production of a wide range of materials - from inert materials to various types of grey cement, white cement, concrete, dry construction mixes, fly ash, etc. The company owns 13 cement plants in Southeastern Europe, the US and the Eastern Mediterranean with current overall output of more than 17 million tons. In Bulgaria, TITAN owns and operates Zlatna Panega Cement AD in Zlatna Panega, Lovech Region, and has invested more than EUR 86 million in modernization projects. Zlatna Panega Cement is one of the leading manufacturers of high quality cement in Bulgaria. The company operates ready mix units in three major cities planning to enter other locations and is also looking for new gravel and sand quarries. The activities of Zlatna Panega Cement improve the living standard in the region, support social and cultural initiatives and preserve the environment.