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...
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...
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...
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...
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 the Chamber of commerce and Industry in Tirana, Nikolin Jaka....
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 attract more investors. The Ambassador highlighted that the most interesting...
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...
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...
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...
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...
