Category: Foreign Investments

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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...

Albania’s Tourism and Energy Sectors Offer Potential for Chinese Investors
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Albania’s Tourism and Energy Sectors Offer Potential for Chinese Investors

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 more were announced during a recent seminar about economic and...

International Companies Expanded Presence in Albania in 2017
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International Companies Expanded Presence in Albania in 2017

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, businesses and joint ventures from Italy and Greece account for...