Category: Market and Trade

Albanian and Kosovan Producers Seek Economic Unification

Albanian and Kosovan Producers Seek Economic Unification

TIRANA, January 12 Albanian, Kosovan, and Macedonian producers call for concrete steps by the respective governments regarding economic unification. Even though the countries of the region are looking forward to a Western Balkans common market, economic barriers are still present in the region. Countries like...

Exports to China Up during Jan-Nov 2017

Exports to China Up during Jan-Nov 2017

TIRANA, January 5 Exports to China marked a significant increase during January-November 2017 compared to the same period of 2016. According to the official data provided by the Institute of Statistics (INSTAT) the value of commodities exported to China was Lek eight billion, while the...

Albanians Consumed more Beer in 2017

Albanians Consumed more Beer in 2017

TIRANA, December 26 While beer consumption around the world is falling, the volume of beer consumed in Albania during 2017 increased. According to the official statistics issued by the General Directorate of Customs, the volume of beer consumed during January-October 2017 was 71 million liters,...

Exports Increased by 13.2% during Jan-Nov 2017

Exports Increased by 13.2% during Jan-Nov 2017

TIRANA, December 19 Exports increased by 13.2 percent during January-November 2017 compared to the same period of the previous year. According to the Albanian Institute of Statistics (INSTAT), the value of goods exported by Albanian companies exported was Euro 1.88 billion compared to Euro 1.65...

Albania, an Attractive Destination for Solar Power Investments

Albania, an Attractive Destination for Solar Power Investments

TIRANA, October 24 Investments in photovoltaic businesses are turning into an attractive business type in Albania. The Ministry of Transport and Energy accepted 11 application on the construction of photovoltaic parks by private companies during the month of October. The projects eye areas throughout Albania....

Economy on Positive Trend, BoA’s Governor Says

Economy on Positive Trend, BoA’s Governor Says

TIRANA, October 16 Economic activity in Albania marked improvement. This was said by Governor of the Bank of Albania (BoA) Gent Sejko during the annual meeting of the International Monetary Fund (IMF) and the World Bank Group in the United States during October 13-15. Sejko...

Women Entrepreneurs Own 31% of SMEs in Albania

Women Entrepreneurs Own 31% of SMEs in Albania

TIRANA, October 3 Women in Business Fair was organized on Monday by the Dutch Embassy in Tirana. Entrepreneurs, social business initiatives, civil society representatives, and embassy partners gathered together in the fair that aimed at connecting and inspiring. The event was attended by Dutch Ambassador...

Trade Exchange Between Albania and Italy Increases

Trade Exchange Between Albania and Italy Increases

TIRANA, August 22 International trade in goods between Albania and Italy increased during the first seven months of 2017. This was confirmed by the latest report published by the Albanian Institute of Statistics (INSTST). The report provides year-over-year data regarding the month of July and...