Category: News

Home News
1 billion ALL investment in a new agricultural farm in Saranda
Post

1 billion ALL investment in a new agricultural farm in Saranda

A one billion ALL investment in an agricultural enterprise established in Xarrë commune in Saranda. The project for this enterprise started a year ago as an electoral promise of the local deputy, Koco Kokëdhima. 14 shareholders signed their contracts in Himara in the presence of Mr. Kokedhima. The amount of the investment will be paid...

Fishing industry in Albania needs foreign investments
Post

Fishing industry in Albania needs foreign investments

Local government in Klos commune has made several investments in the fishing businesses in the last years. Sami Shermadhi, a businessman in the fishing industry says there are 99 fishing boats being maintained, which has affected in the employment of tens of local residents. This business has become important for the locality of Klos. The...

The first modern agricultural market opened in Elbasan
Post

The first modern agricultural market opened in Elbasan

Government investments in the agriculture sector continue as one of the most important electoral promises of current party on power to revive the agriculture in Albania. In relation to this, the first agricultural market was lately opened in Elbasan city for the needs of the farmers of this region. Prime Minister Edi Rama was present...

New touristic info points in Saranda city
Post

New touristic info points in Saranda city

National Agency of Tourism has opened a new info point in Saranda, an office that will help foreign tourists to find their preferred destinations in the south of Albania. The opening of this new office became possible by the collaboration of this agency and Saranda Municipality. The head of Saranda Municipality Stefan Cipa declared that...

Budget revenues have increased
Post

Budget revenues have increased

The increase of taxes earlier this year has given its positive effect in the allocation of state incomes. Based on the official data, published by the Ministry of Finances, the budget incomes for the first six months of 2014 (175.2 billions ALL) are higher than predictions but even compared to one year before. According to...

IMF report: Albania’s goverment performance is positive
Post

IMF report: Albania’s goverment performance is positive

International Monetary Fund has published its report for Albania regarding the first review under the Extended Arrangement and the request for the modification of performace criteria. The report consideres as positive the governments performance regarding the realization of the  budget objectives for the first months of 2014. On February 28, the Executive Board approved a...

Governmental funding scheme in agriculture sector in Korca district
Post

Governmental funding scheme in agriculture sector in Korca district

Prime Minister Edi Rama visited the district of Korca accompanied by Minister of Agriculture Edmond Panariti. The reason of their visit was the signing of several contracts for investors and businessmen who have benefited by the governmental scheme of financial support for investments in agriculture sector. Rama gave his advice regarding investments in this sector by...

Bank of Albania: Businesses and costumers are more optimistic
Post

Bank of Albania: Businesses and costumers are more optimistic

According to the latest reports published by Bank of Albania, costumers and businesses in country are more optimistic regarding economic development, in the second trimester of this year. The trust of costumers and businesses for the economic situation, mainly led by the optimism in industry, commerce and services, has increased by 5.6%, the highest level since...

Olive production is at low levels this year
Post

Olive production is at low levels this year

The production of olive has decreased lately about 2.5 times less than a year before. Despite the natural conditions, during the last year the production of olive was in low levels, as well as the production of olive oil. After the publication of the official data of farmers’ associations, Tirana has been detected as the...

New strawberries farm inagurated in Lushnje
Post

New strawberries farm inagurated in Lushnje

As new investments in agriculture sector have increased, a new investment scheme is being implemented lately, the public-private partnership in funding and encouraging farmers to open new businesses. Minister of Agriculture, Rural development and Water Management Edmond Panariti visited a new strawberries farm in Grabian, Lushnje. He said that, “this is one of the first...