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The Romanian Business Delegation visit Tirana
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The Romanian Business Delegation visit Tirana

TIRANA, May 16 Between May 15-16, a delegation of Romanian businessmen visited Albania and had the opportunity to hold work meetings with representatives of chambers of commerce and state authorities, including the Ministry of Europe and Foreign Affairs, the Ministry of Agriculture and Rural Development and the Ministry of Finance and Economy.   Under the...

Albania’s New Draft-law to Facilitate Investments
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Albania’s New Draft-law to Facilitate Investments

TIRANA, May 8 So far, foreign investors in Albania were granted preferential treatment, but the new bill aims to ensure the same treatment to Albanian investors too. A new draft-law ‘On Investments’ that is expected to update the existing law is discussed with stakeholders. This law, if passed, would complement the existing one conforming to...

Belgian Investors to Explore Opportunities in Albania
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Belgian Investors to Explore Opportunities in Albania

TIRANA, May 3 As previously announced, a group of Belgian entrepreneurs will visit Albania and explore investment opportunities in different sectors in the country during May. The Embassy of Belgium to Sofia, which is responsible for Albania and Flanders and Investment Trade (FIT) with the support of the Albanian Investment Development Agency (AIDA) will organize...

German Companies Expect Better Business Environment
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German Companies Expect Better Business Environment

TIRANA, April 11 The general perception of 89 member companies of the German Association of Industry and Trade in Albania is that the current economic situation is worse than the previous years. The companies participated in the annual economic survey conducted by DIHA during the months of February and March. Only 13 percent of the...

Switzerland, the Largest Investor in Albania in 2018
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Switzerland, the Largest Investor in Albania in 2018

TIRANA, March 28 Foreign Direct Investment (FDI) to Albania in 2018 totaled Euro1.02 billion, the best performance for the recent years, and soaring 13 percent year-on-year. The data show Switzerland taking the lead with Euro 364 million of the total investment. The other part of FDI to Albania came through or from Netherlands, Turkey, and...

Korean-Based Auto Supplier Yura to Open €6.5 mln Plant in Fier
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Korean-Based Auto Supplier Yura to Open €6.5 mln Plant in Fier

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 of a manufacturing plant in the city of Fier, south-central...

What are German Investors Looking For in Albania?
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What are German Investors Looking For in Albania?

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 sectors of tourism, renewable energy, modern agriculture, and services. The...

Fusion BPO Inaugurates Delivery Center in Albania
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Fusion BPO Inaugurates Delivery Center in Albania

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 (AIDA) confirmed that the company has started its activity with...