Albanian Prime Minister Edi Rama held a two day visit in Abruzzo region in Italy where he met with the Mayor and local businessmen and presented them with the potential of Albania for investments. At …
World Bank approves two projects for Albania, worth EUR 265.9 million
The World Bank Board of Directors approved a EUR 265.9 million loan for two projects which will be implemented by the Albanian government. The Guarantee based in Policies for Public Finances project …
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Revenues from the excise tax increased in the first two months of 2015
Although the import of merchandise that should pay the excise tax, such as oil, revenues collected by the excise tax have increased. The increase of the excise’s level during the first months of this …
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The processing amount of oil quadrupled during 2014, compared to 2013
Although Albania is rich in natural resources of hydrocarbons, the processing of these resources has faced many difficulties since the country doesn’t have the necessary means factories to process …
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Purchases by Albanian consumers in retail points increased to 4.1% in 2014
The Albanian Institute of Statistics has issued a report on the retail and whole sail purchases trend by Albanian customers during the last quarter of 2014, showing that the index of retail sales …
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SMEs to be funded by the governmental funds which are managed by the AIDA
The Albanian Investment and Development Agency has started the implementation of five funding programs, by utilizing the government’s funds aimed at supporting and giving grants to local small and …
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Bank of Albania’s profits increased to 1.3 billion ALL during 2014
The annual report of Bank of Albania performance during the past year shows that its net profit in annual terms reached 1.3 billion ALL. The report was issued by the Supervisory Board of the Bank of …
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AIDA announces Start-Up funding scheme for SMEs
The Albanian Investment and Development Agency announced the start of the applications for “Start-Up” “Albanian Fund, a fund that finances small and medium sized companies. The fund aims to support …
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Albania attends “Western Balkan 6” regional conference, held in Kosovo
In the framework of the further cooperation among Balkan countries initiated by the Summit of Berlin in 2014, the Western Balkan Ministers of Foreign Affairs and Ministers of Transport attended …
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Ministry of Agriculture: The Italian virus of olive trees will not spread in Albania
The Ministry of Agriculture and Rural Development announced in a press declaration that the agricultural production in Albania is not risked by the bacterial infection which has spread in the past …
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