Category: Foreign Investments

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Albania to Manufacture Vehicle Lights for the German Market
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Albania to Manufacture Vehicle Lights for the German Market

TIRANA, September 30 The Regional Cooperation Council (RCC), is currently leading the process for a joint investment attraction strategy on the Western Balkans, reported that the six countries share a mutual interested in the automotive industry. Hence, Albania is trying to join the automotive spare parts and equipment manufacturing sector. Albania will produce vehicle lights...

Mallorcan Hoteliers Eyeing Investments in Albania
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Mallorcan Hoteliers Eyeing Investments in Albania

TIRANA, September 9 Representatives of the Mallorcan accommodation industry are eyeing opportunities for hotel development in Albania. According to Majorcadailybulletin.com, hoteliers from the Balearic are looking for new expansion destinations, following a decline in profitability in the Caribbean region. Therefore, they are considering Albania as a new destination due to the tax incentives for strategic...

State Department on 2019 Investment Climate in Albania
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State Department on 2019 Investment Climate in Albania

TIRANA, July 12 Energy and power, tourism, water supply and sewerage, road and rail, mining, and information communication technology represent the best prospects for foreign direct investment in Albania over the next several years according to 2019 Investment Climate Statement released on Thursday by the US Department of State. Yet, there are various factors that...

Tirana is the Main City for Foreign Investments
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Tirana is the Main City for Foreign Investments

TIRANA, June 17 Tirana is the main destination for foreign investors and businesses that choose to expand their activity in Albania. Data from the City Hall of Tirana, show that 6259 subjects with foreign or joint ownership that currently function in Albania, 4185 of them are based in the capital city. The figures belong to...