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What Were 10 Richest Companies in 2018?
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What Were 10 Richest Companies in 2018?

TIRANA, 9 September Last year, the annual turnover for all the businesses in Albania was, according to INSTAT, around Lek37 billion, or €16 billion, from which 18% of these annual turnovers came from only 10 companies. For the year 2018, the oil companies, the state franchises, commercial banks, and the construction businesses, were dominating the...

What Products Will Albania Export to Saudi Arabia?
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What Products Will Albania Export to Saudi Arabia?

TIRANA, September 6 Albania will export soon lambs and goat kids to Saudi Arabia. The Minister of Agriculture, Bledi Cuci welcomed the Arab delegation headed by the deputy minister of agriculture in Saudi Arabia, Ahmed Saleh A. Alkhamshi, in a discussion for the trade collaboration between the two countries. The discussions focused mainly on the...

Albania’s Top Agricultural Commodities for 2018
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Albania’s Top Agricultural Commodities for 2018

TIRANA, September 3 Albanian agriculture continues to be the sector with the highest weight in the Albanian economy, with around 19% of the total GDP, whereas the production is concentrated mainly in the milk and vegetable products. According to data, published by INSTAT on Monday, September 2, titled ‘The index of prices for agricultural products’,...

Nearshore 2 Albania
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Nearshore 2 Albania

TIRANA, August 30 Are you looking to set up a highly qualified team for your next challenge? Did you consider the benefits of taking a part of your organization to a nearshore-Europe-based option? Minimize gaps to maximize business profitability Any European company can achieve this by nearshoring to a country that shares the same time...

Fisheries in Kukes, Investing for a Sustainable Economy
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Fisheries in Kukes, Investing for a Sustainable Economy

TIRANA, August 27 As the global population is expected to hit 9 billion by 2050, the food sector must provide nutrition, increase production, and reduce waste. On the other hand, climate change will impact the traditional ways of running economic activates. Sustainable strategies are needed especially in the fisheries and aquaculture economies, which will be...

Meet D3c0ders, Winners of Technovation Challenge 2019
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Meet D3c0ders, Winners of Technovation Challenge 2019

TIRANA, August 23 Girls are changing the world and Arla, Dea, and Jonada, three Albanian teens, are among them. Known as the D3c0ders team, they recently won the Technovation World Pitch Summit in Silicon Valley, in the senior division with their GjejZa app (which translates find a voice). D3c0ders team was selected among 169 semi-finalist...

Loans for SME Up by 9% in Q2 of 2019
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Loans for SME Up by 9% in Q2 of 2019

TIRANA, August 19 The rise of the loans for the business is based mainly in the sector of small to medium enterprises. According to data by the Bank of Albania, the credit in this segment was increased by Lek4.5 billion, during the second half of 2019. Excluding the effect of the deleted credits and currency...