TIRANA, June 15 Investors from all over the world will gather in Albania on September 28-29 and attend Tirana Business Matching. The goal of this activity is to transform the capital into a metropolis for international business. The event will focus on foreign direct investments and partnership between international business representatives and Albanian companies. According…

TIRANA, June 9 Albania is one of the main protagonists in the Balkans regarding the flow for Foreign Direct Investments (FDIs). This was confirmed by the United Nations Conference on Trade and Development (UNCTAD) in the World Investment Report 2017. According to the report, even though FDI in South-East Europe declined slightly to 4.6billion dollars,…

TIRANA, June 5 About 3.6 percent of businesses in Albania, or 5,600 companies, are owned by foreign investors. This was confirmed by the Albanian Institute of Statistics (INSTAT) in a recent press release on the business register for 2016. According to the data, foreign capital has a major impact, especially on employment. Currently, more than…

TIRANA, April 4 Official authorities from the United Arab Emirates are considering the opportunity for starting a new direct route Dubai-Tirana. This fact was confirmed to the chair of the Albanian Investment Development Agency (AIDA), Genti Beqiri, who is attending Dubai’s Annual Investment Meeting. Beqiri held a meeting with the undersecretary of the UAE Ministry…

TIRANA, April 3 The Bank of Albania (BoA) reported that foreign direct investments in Albania hit the record of Euro 1 billion during 2016. According to the data provided by the balance of payments, foreign companies invested some Euro 983 million or 10.5 percent more compared to the previous year. Detailed data show that the…

TIRANA, March 30 The Albanian government decided to postpone the term on special protection for foreign investments. The Council of Ministers decided during its last meeting to postpone to December 31, 2018, the term set in the law on foreign investments. Besides the new term, the government decided to add a section that defines detailed…

TIRANA, March 8 Foreign entrepreneurship in Albania is mostly concentrated in capital city Tirana. Based on the data that the National Business Centre provided for the third quarter of 2016 some 9,377 companies operate in the capital. About 75 percent of those companies are foreign-owned and 25% are joint ventures. According to the Albanian Investment…

TIRANA, February 21 Albania ranks among the destinations that Italian enterprises would suggest for investing during 2017. According to economia-italia.com, Albania ranks beside countries such as Cuba, Greece, Great Britain, Morocco, and Thailand. The Association of Italian Chambers of Commerce Abroad has drafted a detailed profile for every country, Business Atlas 2016. It includes information…

TIRANA, February 16 Foreign investors are saying that business climate in Albania isn’t positive. This is one of the findings of a survey conducted by the Foreign Investors Association in Albania (FIAA). FIAA requires that each of the concerns and issues that it raised based on the survey on business climate must be taken into…