TIRANA, December 24 The procurement procedure Public-Private-Partnership (PPP) for Kuksi Airport entered the bid assessment stage. The bid submission deadline was on December 20th. According to the …
Albania Received Most EU FDI Inflow in 2017 Compared to Region
TIRANA, December 21 The Foreign Direct Investment (FDI) inflow to Albania from the European Union (EU), by the end of 2017 was Euro 5.45 billion, Eurostat confirmed. The volume of FDI inflow from …
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KESH Adopts Climate Risk Management Plan
TIRANA, December 20 The Albanian Power Corporation (KESH) a state-owned hydropower operator adopted a climate risk management plan of Thursday. The decision Okayed by the Supervisory Council of KESH …
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Albanian-Kosovan Businesses Seek Removal of Obstacles
TIRANA, December 20 The agreements signed between the Albanian and Kosovan governments have not been implemented so far. Business representatives from both countries raise issues related to …
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International Companies Expanded Presence in Albania in 2017
TIRANA, December 19 International businesses in Albania expanded their activity during 2017. According, to the data provided by the Institute of Statistics (INSTAT) foreign businesses and joint …
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Statkraft Submits Request for Floating Solar Power Plant in Banja Lake
TIRANA, December 18 Norwegian company Statkraft with the main activity in Devolli Hydropower plant plans to invest in an innovative solar power project. The company has completed Banja HPP and it is …
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Albania Exports Increase by 15% during Jan-Nov 2018
TIRANA, December 17 Albania’s export values have marked a positive performance during January – November 2018. The most important Albanian exports for the 11 months of the year are oil, minerals, …
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Students’ Protest Enters 10th Day
TIRANA, December 14 The nationwide protest called by students entered its tenth day on Friday. Despite the fact that temperatures that have fallen below freezing during Thursday night, a group of …
Wine Festival to Celebrate Local Products in Pogradec
TIRANA, December 13 Food and wine festivals are becoming a method to promote local products of specific tourist destinations all over Albania that have distinctive cultural identities but are often …
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Tax Incentives for IT Sector, Income Tax Rate at 5% for 8 Categories of Tech Companies
TIRANA, December 13 An income tax exempt for software development companies aims to increase Albania’s attraction rate as a destination for IT outsourcing. Albanian authorities decided to adopt tax …