TIRANA, October 31 The gap between the rich and the poor is becoming wider. The Household Budget Survey 2016 released by the Institute of Statistics (INSTAT) on Monday confirms this trend. Wealth …
Consortium Wins Bid for Kalivac HPP on Vjosa River
TIRANA, October 30 Work on the construction of Kalivac Hydro Power Plant on Vjosa River may start in the future after the Ministry The Ministry of Infrastructure and Energy announced the winner of …
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Export of Medicinal and Aromatic Plants Increased
TIRANA, October 27 Medicinal and aromatic plants make the most important line for Albanian exports. Currently, the revenue generated from the exports of medicinal plants are estimated Euro 27-28 …
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New Free Trade Zone Planned in Tirana
TIRANA, October 27 A new free trade zone that is planned to be created in Tirana will have a direct impact on the development of the city and on economic growth. This was declared by Mayor of the …
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The World Bank Warns of FDI Inflow Decline by 2019
TIRANA, October 26 The Foreign Direct Investment inflow (FDI) in Albania are expected to account for 5.6percent of the Gross Domestic Product (GDP) by 2019, the World Bank (WB) warned. Monitor …
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Swiss-funded Project on Youth Employment Launches the Second Phase
TIRANA, October 25 Over 900 jobs and some new 5,000 opportunities for youth was the balance of the first stage of RisiAlbania project from the Swiss Agency for Development and Cooperation (SDC). …
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National Geographic Says Albania Among Top 2018 Destinations
TIRANA, October 25 National Geographic France unveiled the latest list of the top 14 destinations to visit during 2018 where Albania ranks 11th. ‘Set off to adventure in Albania’ the article …
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Small Businesses Won’t Be Charged VAT
TIRANA, October 24 Small businesses in Albania will not be charged VAT following the recent decision of the Albanian government that excludes from VAT all businesses with an annual turnover less …
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Cargo Volumes Handled by Durres Port on the Rise
TIRANA, October 24 Maritime trade exchange through Durres Port, the largest in Albania, increased during the first nine months of 2017.Maritime trade volume increased especially with Italy, Russia, …
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Albania, an Attractive Destination for Solar Power Investments
TIRANA, October 24 Investments in photovoltaic businesses are turning into an attractive business type in Albania. The Ministry of Transport and Energy accepted 11 application on the construction …
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