Category: News

Korca Sees First Snowfall of the Season 

Korca Sees First Snowfall of the Season 

TIRANA, November 19 After a hot long summer and an unusually warm autumn and no rain at all, the first snowfall hit southeastern Albania during the weekend. It has been common since a few years for the seasons in Albania to switch from summer to...

Tirana-Dusseldorf Route Coming in May 2019, Tickets Available

Tirana-Dusseldorf Route Coming in May 2019, Tickets Available

TIRANA, November 14 Air connectivity between Albania and European Union (EU) countries, especially Germany will grow during 2019. Tirana International Airport (TIA) confirmed on Thursday that low-cost Germania Airline will start operating Tirana-Dusseldorf direct air route on May 30, 2019. Tickets are available for booking...

Albania Should Pursue Reforms in Key Sectors, EBRD Says

Albania Should Pursue Reforms in Key Sectors, EBRD Says

TIRANA, November 14 Albania should pursue reforms in key sectors, the European Bank for Reconstruction and Development (EBRD) said on its Transition Report 2018-2019. According to the Bank, short-term the priorities are to further liberalize the market, enforce payment discipline in state-owned companies, and improve...

This Is How Much Every Albanian Would Contribute to Pay off PPPs

This Is How Much Every Albanian Would Contribute to Pay off PPPs

TIRANA, November 14 It will cost Lek 253 billion or Euro 2 billion to the state budget to pay off the public procurement contracts and the Public-Private Partnerships projects approved so far. Top Channel made a calculation based on the list of public investment and...

Over 82% of TAP Project Completed

Over 82% of TAP Project Completed

TIRANA, November 13 “The Trans Adriatic Pipeline (TAP) pipeline construction is well underway. About 82percent of the project is completed and we are well on track & on time to start operations in 2020,” AzerNews reported early this Tuesday based on a message received by...

Indian-led Group Wins Bid for Vlora’s Solar Power Plant

Indian-led Group Wins Bid for Vlora’s Solar Power Plant

TIRANA, November 12 A consortium led by India Power Corporation Ltd has won the bid to build the solar power plant of Akerni in Vlora, the Ministry of Infrastructure and Energy declared in an official statement. The company beat two other competitors that passed the...

Albania’s Economic Growth Set to Continue at a Solid Pace, EC Says

Albania’s Economic Growth Set to Continue at a Solid Pace, EC Says

TIRANA, November 9 The European Commission revised its forecast for Albania’s GDP growth from 3.6 percent to 4.1 percent in the ‘Autumn 2018 Economic Forecast’. “Economic growth is expected to remain solid, driven mainly by private consumption. It is, however, forecast to soften in 2019...

“Vlora Airport will Be Built at any Cost,” Gjiknuri Says

“Vlora Airport will Be Built at any Cost,” Gjiknuri Says

TIRANA, November 7 Emphasizing the need to build the long-awaited Vlora Airport for tourism and economic growth, Minister of Infrastructure and Energy Damian Gjiknuri declared that the airport will be constructed at any cost, even with state budget funding if necessary. Currently, the Albanian authorities...

Albanian Products Showcased at China International Import Expo

Albanian Products Showcased at China International Import Expo

TIRANA, November 5 Four Albanian companies are pitching their products to Chinese domestic buyers at the first China International Import Expo trade fair held in Shanghai. The Albanian companies are among 3,000 exhibitors from over 100 countries are showcasing products like Skenderbeu cognac, Albanian wine,...

Tirana-Durres-Rinas Railway Project to Start in 2019

Tirana-Durres-Rinas Railway Project to Start in 2019

TIRANA, November 1 The work for the construction of Tirana-Durres-Rinas railway will start in 2019. A fund of Lek 1.4 billion will be allocated for the project during 2019. The rehabilitated Tirana-Durres line will handle a train speed of at least 100 km per hour....