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Albania to take the presidency of the Energy Community in 2015
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Albania to take the presidency of the Energy Community in 2015

The Ministerial Council of member countries of the Energy Community held its 12th session in the headquarters of the Diplomatic Academy of Kiev, Ukraine. The meeting of the member countries representatives led by deputy president of the European Commission, Gunther Oettinger, the Prime Minister of Ukraine, Arseniy Yatsenyuk, the Ukranian Minister of Energy, Yuri Prodan...

12 projects to be funded by the IADSA Italian project
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12 projects to be funded by the IADSA Italian project

In the framework of the Italian-Albanian Development Cooperation Programme, 12 new projects will be financed by the IADSA (Debt for Development Swap Program) funding project. The ceremony of the signing on contracts for the financing of 12 new projects at a total amount of 4.6 million eur, held on September 23 at the headquarters of...

New funding project for Start-Ups for the next four years
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New funding project for Start-Ups for the next four years

The current government has launched recently many funding and supporting programs to encourage the opening of new enterprises by individuals. A latest funding program has been announced in support to small and micro-enterprises ( or Startups) which operate in the following sectors: production, services, tourism, research and development, agro-processing, design and handicraft.  Startups will be...

Ministry of Energy cancels 170 mining permits
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Ministry of Energy cancels 170 mining permits

170 mining permits and 40 hydroenergitic plants have been cancelled by Ministry of Energy and Industry, in the framework of the monitoring and reviewing process of all previously issued concessions. The main reasons why the Ministry took this measure relate to the absence of investments as announced in the signed contracts, the failure to pay...

Albania and Turkey will intensify the economic collaboration by increasing exports
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Albania and Turkey will intensify the economic collaboration by increasing exports

Investments in agriculture and agribusiness were the key meeting points discussed in an official meeting between the Head of Albanian Council of Agrobusiness, Enver Ferizaj, the Turkish ambassador in Albania, Hidayet Bayraktar and the Turkish commercial attaché, Muharrem Can. The Turkish ambassador required from Albanian Council of Agrobusiness to identify the problematic of the current...

Top ten businesses with the highest annual turnover for 2013
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Top ten businesses with the highest annual turnover for 2013

Monitor magazine published a ranking of the top ten businesses with the highest annual turnover for 2013. According to the conclusions of this analysis, these companies’ incomes increased during 2013, in comparison to their annual turnover for 2012.  Experts say that the Albanian economy withstood the recent years global crisis relatively well. Top ten businesses...

EBRD report: Albanian economy will increase by 2.5% in 2015
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EBRD report: Albanian economy will increase by 2.5% in 2015

The repayment of the outstading debts is a key factor that will impact in the economic growth of Albania in 2015. The conclusion comes from the European Bank for Reconstruction and Development report, according to which the Albanian economy will increase by 2.5%  next year and a slight growth of the economy by 1.7% by the...

“SWIFT Albania” forum held by Albanian Association of Banks
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“SWIFT Albania” forum held by Albanian Association of Banks

Albanian Association of Banks held on September 17, the first business forum for SWIFT (Society for Worldwide Interbank Financial Telecommunication). The participants of the forum held discussions on the possibilities of the further development of the solutions offered by this platform for bank system and various institutions. The development of infrastructure of paying system in...

Minister Haxhinasto urges EU to help in the construction of the “Eighth Corridor”
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Minister Haxhinasto urges EU to help in the construction of the “Eighth Corridor”

Albanian Minister of Transport and Infrastructure, Edmond Haxhinasto, attended the meeting of the Council of Ministers of Transport of the European Union held in Milano, Italy. During the meeting, Haxhinasto highlighted the importance of the Eighth Corridor project and urged for EU to invest in this project. This investment is seen as an important contribution...

Albania signs agreement with Turkey and Netherlands for the export of potatoes
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Albania signs agreement with Turkey and Netherlands for the export of potatoes

A new opportunity for the export of potatoes made in Kukes county, after the announcement of a joint collaboration between Albania, Turkey, Netherlands and Kosovo. Potatoes that cultivate in Shishtavec village and in some regions of Kosovo will have as a destination the markets of Turkey and Netherlands. During the presentation of this initiative, the...