Category: Businesses

Gender Pay Gap Widening, still Lower than EU average

Gender Pay Gap Widening, still Lower than EU average

TIRANA, January 4 Gender pay equality is a major concern worldwide. Women in Albania earned on average 10.5 percent less than men in 2017.  Yet, compared to average gender pay gap across the European Union (EU), Albania shows lower rates. According to Eurostat, the difference...

Apple Farmers Suffering Losses due to Lack of Market

Apple Farmers Suffering Losses due to Lack of Market

TIRANA, January 3 Apple farmers in Voskop village, six km away from Korca, have not harvested their crops due to the lack of buyers. Farmer Xh. Shaholli said for Top Channel that he sold only ten percent of his annual apple crop while he stored...

How to Exchange Damaged Banknotes in Albania?

How to Exchange Damaged Banknotes in Albania?

TIRANA, December 26 It has happened to each of us at least once to get stuck with damaged, soiled, or torn banknotes that no one accepts. Instead of hoping that you can pass it to someone else without being noticed, you can do this. The...

Albanian-Kosovan Businesses Seek Removal of Obstacles

Albanian-Kosovan Businesses Seek Removal of Obstacles

TIRANA, December 20 The agreements signed between the Albanian and Kosovan governments have not been implemented so far. Business representatives from both countries raise issues related to various problems and obstacles that prevent trade growth between Albania and Kosovo. Even non-tariff barriers to trade hide...

Wine Festival to Celebrate Local Products in Pogradec

Wine Festival to Celebrate Local Products in Pogradec

TIRANA, December 13 Food and wine festivals are becoming a method to promote local products of specific tourist destinations all over Albania that have distinctive cultural identities but are often under the radar of traditional tourist offers. The Wine Festival of Pogradec is an annual...

Hyatt to Launch a Regency Hotel in Albania

Hyatt to Launch a Regency Hotel in Albania

TIRANA, December 7 A Hyatt affiliate will represent the American multinational hospitality company in the Albanian market following a management agreement signed on Thursday in Tirana. The corporation announced that the Hyatt-branded hotel in Albania will mark continued growth for the brand in Southeast Europe....

Surge of New Hotels on the Rise as Tourist Arrival Grow

Surge of New Hotels on the Rise as Tourist Arrival Grow

TIRANA, December 3 The increased number of tourist arrivals to Albania during the last years had an impact on the number of construction permits issued for hotels. The recent report by INSTAT on construction permits granted during the third quarter of 2018 confirms the growth...

How Much Olive Oil do Albanians Consume per Year?

How Much Olive Oil do Albanians Consume per Year?

TIRANA, December 3 Olive oil production and exports show a year-over-year increase even though at a slow pace. The annual average of olive production in Albania is between 90,000 and 100,000 tones. In the meantime, the average olive oil production is between 17,000 and 20,000...

First Incubator for Albanian Products Opens in Permet

First Incubator for Albanian Products Opens in Permet

TIRANA, November 22 Traditional food products from Permeti area will be easier to find in the market. A food incubator for typical Albanian products was inaugurated in Permeti town on Wednesday. It will provide access to local food systems and also a market for the...