TIRANA, January 22 Albania cannot afford to miss the e-commerce opportunity, the World Bank said in a publication issued on Thursday. The stance follows the e-commerce diagnostic report released recently by the WB. According to the Bank, Albania needs serious reforms and efforts to leverage the Ecommerce sector and to maintain the momentum in a...
TIRANA, January 21 In 2019, over Lek35,300 million worth of Albanian agricultural products were exported around the world. Data from the Institute of Statistics show that during the same year, the agriculture sector contributed to 18.9 percent of Albania’s GDP. At the same time, agriculture provided 36.4 percent of overall employment. Even though farming structures...
TIRANA, January 13 A total of 1,115 Made in Albania brands were registered during 2020. Official data from the General Directorate of Industrial Property confirm that 1,164 applications were submitted over the previous year or 13.7 percent more compared to 2019. Albanian companies and businesses are becoming more aware of the importance of brands when...
TIRANA, January 11 The COVID-19 crisis accelerated the growth of e-commerce among businesses and customers by 20 percent in Albania, a World Bank (WB) survey confirms. While e-commerce dates back to about 40 years in its earliest form, the industry is still in its infancy stage in Albania. Different models of e-commerce were fast to...
TIRANA, December 14 Albanian authorities extended again the deadline for the revaluation of properties for taxation purposes. The new deadline has been postponed to September 2021. Given the COVID-19 situation, the number of applications for revaluation was trivial. Meanwhile, the recent decision will make it possible for more property owners to make a fair assessment...
TIRANA, December 9 Like the plant itself, the legal cannabis industry has been growing higher and faster in major markets that were quick enough to tap into a debated business with a multi-billion dollar potential. On December 2, the United Nations Commission for Narcotic Drugs voted to remove cannabis from Schedule IV of the 1961 Single...
TIRANA, December 4 Exports of Medicinal and Aromatic Plants from the Vlora Region reached 349 tons by the end of November compared to 290 tons in 2019. Global trends have shown an increase in demand for medicinal and aromatic plants due to the coronavirus pandemic. As consumers are turning to healthier and natural products, the...
TIRANA, December 3 Starting January 1st, 2021, public entities will be able to receive and process electronic invoices conforming to the European standard EN.16931, the General Directorate of Taxation (DPT) confirmed on Thursday on its Facebook page. The DPT pointed out that the designation of public entities in the initial stage of the fiscalization process...
TIRANA, December 1 Natural and legal citizens working and operating in Albania in specific sectors of agriculture and agro-processing industries will be able to apply for the third call for application under the IPARD II program starting December 10th. The forecast notice issued (see at the end for the Albanian Langauge) by the Agency for...
TIRANA, November 10 The pace of innovation is slow in Albania, official data from the Institute of Statistics (INSTAT) show, suggesting businesses have a long way to go in modernizing their activities, models, products, and markets. INSTAT conducted a survey from 2017 to 2019 regarding the innovative activity in enterprises with more than 10 employees....
