Israeli NNG Group Interested in Expanding Global Footprint in Albania

Israeli NNG Group Interested in Expanding Global Footprint in Albania

TIRANA, May 29

NNG Group, an Israeli company that develops next generation of navigation and infotainment (in-vehicle hardware and software that provides audio and video for entertainment) for big automotive companies such as Ferrari, Porsche, Chrysler, McLaren, Mercedes Benz, Volkswagen, and many others expressed interest in expanding its global footprint in Albania.

According to the Albanian Investment Development Agency (AIDA), NNG Group is interested in investing in potential sectors other than its traditional operation in the automotive industry. The company expressed interest in various sectors including infrastructure, energy, and luxury tourism, the establishment of industry and startup hubs.

Besides direct investments on its sector of operations, AIDA highlights that the Israeli company is operating in the US, Switzerland, Japan, China, Hungary, Israel and plans to expand its footprint in the Balkans.
Source: AIDA

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