Category: Market and Trade

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Kosovo’s Customs in Durres and Porto Romano to become Operational in January
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Kosovo’s Customs in Durres and Porto Romano to become Operational in January

TIRANA, December 7 Starting January 1st, 2019 Kosovo will have its own customs offices in the seaports of Durres and Porto Romano. Kosovan companies will have the opportunity to speed up customs clearance and to pass all goods imported through the procedure of customs for proper examination, appraisal, evaluation, and assessment through in the above-mentioned...

Konfindustria Supports Kosovo’s Decision on 100% Taxes for Serbian Goods
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Konfindustria Supports Kosovo’s Decision on 100% Taxes for Serbian Goods

TIRANA, November 26 The Confederation of Albanian Industries (Konfindustria) supports the recent decision of the Kosovan government on an immediate rise of taxes on imports of Serbian goods from 10 to 100 percent. According to Konfindustria and based on the principle of reciprocity, the change is conforming to the free trade agreements signed by the...

Albania-Turkey Sign New Trade Agreement
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Albania-Turkey Sign New Trade Agreement

TIRANA, October 19 Turkey plans to increase its share of investments in Albania. A joint agreement between both countries was signed in the frame of the official visit of Foreign Minister of Turkey Mevlut Cavusoglu. The agreement foresees joint meetings of the Albanian and Turkish governments and the establishment of a mutual economic committee. More...

Maritime Passengers Transport Increased in January-August 2018
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Maritime Passengers Transport Increased in January-August 2018

TIRANA, September 20 Maritime transport during January-August 2018 has seen significant growth compared to the same period of the previous year. According to the Ministry of Infrastructure and Energy (MIE), the number of embarked passengers during the eight-month period was 592,000 or 44,000 more compared to January-August 2017. In the meantime, the number of disembarked...

EU Countries among Albania’s Top Trading Partners
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EU Countries among Albania’s Top Trading Partners

TIRANA, September 17 Albania’s trade exchange with the European Union countries during the month of August account for 61.4 percent of the total foreign trade, the Institute of Statistics, INSTAT confirmed on its latest report. Based on the official data, the value of exports increased by 10.4 percent compared to August 2017. In the meantime,...

Italian Service Outsourcing Group Comdata to Expand in Albanian Market
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Italian Service Outsourcing Group Comdata to Expand in Albanian Market

TIRANA, September 13 The Multinational Italian Company Comdata Group, one of the biggest call-center enterprises in the neighboring country and one of the five key players in Europe for BPO entered the Albanian market, Monitor magazine reports. Comdata purchased one of the companies of Sestante Holding which owns Intercom Data Service (IDS), We Web, and...

BoA: Housing Price Index Remains Stable in Q2
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BoA: Housing Price Index Remains Stable in Q2

TIRANA, September 10 The housing price index didn’t reflect an important change in nominal terms during the second quarter of 2018, the Bank of Albania (BoA) confirmed in the recent report on economic indicators. According to BoA, in real terms, the housing price index marked a decline by 2.5 percent compared to the consumer price...