Category: Foreign Investments

Albania-Romania Explore Options for Cooperation in Key Sectors

Albania-Romania Explore Options for Cooperation in Key Sectors

TIRANA, November 9 Albania and Romania will strengthen cooperation in the sectors of energy, agribusiness, tourism, and construction. The Albanian and Romanian Chambers of Commerce and Industry discussed cooperation opportunities in a forum organized in the Albanian capital. Chairwoman of the Albanian Union of Chambers...

Japan Companies Interested in Investing in Albania

Japan Companies Interested in Investing in Albania

TIRANA, November 1 Japanese Ambassador to Albania Makoto Ito stated during a visit to Kamza Municipality that some Japanese companies have shown interest in investing in Albania, and especially in Kamza. Ambassador Ito received a city council recognition certificate and added that next year he will...

Energy, Tourism, Agriculture & BPO Catch Foreign Investors

Energy, Tourism, Agriculture & BPO Catch Foreign Investors

TIRANA, October 1 Potential foreign investors that require for information by the Albanian Investment Development Agency (AIDA), are interested in a wide range of sectors such as energy, tourism, manufacturing, agriculture, and Business Process Outsourcing (BPO). Representatives of the institution said for the Albanian Telegraphic...

New Changes to Euro 1 Contracts Enter into Force

New Changes to Euro 1 Contracts Enter into Force

TIRANA, August 24 A new verdict published on the Official Gazette on Thursday unveiled the latest changes to the 1 Euro contracts. The government decided to change to the lease terms for the investors that invest more than Lek 800 million and create more than...

Photovoltaic Plants Expected to Start Operating in 2019

Photovoltaic Plants Expected to Start Operating in 2019

TIRANA, June 29 Albanian authorities increased solar power production capacities for all the investors interested in the construction of photovoltaic plants. The set price of Euro 100 per MW for the first 15 years is guaranteed. So far, ten photovoltaic plant permits each with an...

Top Countries with Largest Share of FDI Inflow to Albania

Top Countries with Largest Share of FDI Inflow to Albania

TIRANA, June 25 Greece counts for the highest foreign direct investment (FDI) stock in Albania. According to the official statistics provided by the Bank of Albania (BoA) on FDI stock, Greek companies in Albania have invested mostly in telecommunications and in the banking sector. Greek...

EBRD Asks Albanian Authorities to Improve the Business Climate

EBRD Asks Albanian Authorities to Improve the Business Climate

TIRANA, June 19 The European Bank for Reconstruction and Development (EBRD) requires from the Albanian authorities to improve the business environment and to concentrate investments in the power and infrastructure sectors. This was said during the meeting of the Albania Investment Council, where the legal...

Foreign Investments Surged in Q1

Foreign Investments Surged in Q1

TIRANA, June 12 Foreign Direct Investments (FDI) increased by 61.6 percent during the first quarter (Q1) of 2018 compared to the same period of the previous year. The Bank of Albania (BoA) reported that foreign companies invested Euro 283 million in the Albanian economy, or...