TIRANA, June 7 “The European Union is going to help Albania to map every single hectare of the country with a new map of property registration. This will facilitate legal certainty for property and foreign investment. If you talk to the business investors, they are still worried about investing in Albania because of this long-awaited...
TIRANA, May 29 NNG Group, an Israeli company that develops next generation of navigation and infotainment (in-vehicle hardware and software that provides audio and video for entertainment) for big automotive companies such as Ferrari, Porsche, Chrysler, McLaren, Mercedes Benz, Volkswagen, and many others expressed interest in expanding its global footprint in Albania. According to the...
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...
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...
