TIRANA, March 15 A group of Belgian entrepreneurs will visit Albania and explore investment opportunities in different sectors in the country. This was confirmed by the ambassador of Belgium to Sofia, which is responsible for Albania, Francois Bontemps in a meeting with the chairman of...
TIRANA, March 11 Ambassador of Norway to Kosovo and Albania Strand Sjaastad in an interview for Monitor Magazine highlighted that there is a huge potential for development in Albania, but there are issues related to the rule of law that need improvement in order to...
TIRANA, February 14 The South Korean YURA Corporation will enter the Albanian market following an official agreement signed on Wednesday. The company that has been planning to invest in Albania since September 2017 managed to overcome insecurities and will continue its plans for the establishment...
TIRANA, February 13 The German Association of Industry and Trade in Albania (DIHA) held on Tuesday its annual event focused on the economic situation of the country. German Ambassador to Tirana Susanne Schutz said that Albania has untapped potential in many areas, notably in the...
TIRANA, January 17 Fusion BPO Services, a leading name in the global Business Process Outsourcing industry with over 4,000 employees all over the world launched its first delivery location in Albania and at the same time in the Balkan region. The Albanian Investment Development Agency...
TIRANA, January 15 According to Forbes, the preferences of the Chinese tourist for experiences, spending, and accommodations will reshape the global tourism industry. Over 17,000 Chinese tourists visited Albania in 2018. The figure shows a 60 percent increase compared to 2017. These figures and much...
TIRANA, December 26 The highest amount of Foreign Direct Investment (FDI) inflow during the third quarter (Q3) of 2018 came from companies investing in the energy and power sector. According to the data provided by the Bank of Albania (BoA), investments in the energy sector...
TIRANA, December 21 The Foreign Direct Investment (FDI) inflow to Albania from the European Union (EU), by the end of 2017 was Euro 5.45 billion, Eurostat confirmed. The volume of FDI inflow from the EU member countries to Albania accounts for 47 percent of the...
TIRANA, December 19 International businesses in Albania expanded their activity during 2017. According, to the data provided by the Institute of Statistics (INSTAT) foreign businesses and joint ventures that exercise their activity in Albania, expanded by 11.6 percent in 2017. Based on the official data,...
TIRANA, December 18 Norwegian company Statkraft with the main activity in Devolli Hydropower plant plans to invest in an innovative solar power project. The company has completed Banja HPP and it is constructing Moglica HPP has submitted a request for a floating photovoltaic plant in...