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Foreign investments, 30% of Albania’s economy
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Foreign investments, 30% of Albania’s economy

TIRANA, August 16 According to the United Nations (UN), foreign direct investment has become decisive for the performance of the Albanian economy. In 2016, foreign investments in Albania were 1 billion and 124 million $. This means that one in every 3 ALL invested in the Albanian economy is already coming from abroad. According to the...

Foreign Investments Increased during Q3
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Foreign Investments Increased during Q3

TIRANA, December 13 Foreign direct investments in Albania reached Euro 276 million during the third quarter of 2016. According to the Bank of Albania (BoA), the investments’ influx increased by 11.3 percent compared to the same period of the previous year. This is the second quarter that marked an increase of investments thus creating a...

Amount of foreign investments is increasing, says Minister of Economy
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Amount of foreign investments is increasing, says Minister of Economy

Tirana, Albania 20 May 2016 The Albanian Minister of Economic Development, Milva Ekonomi, said in an interview that the number of foreign investments is increasing. The Minister said the tendency of foreign investments is positive, adding that due to the fight against the informality, the number of employees in foreign owned companies has increased by...

Remittances dropped, foreign investment increased
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Remittances dropped, foreign investment increased

Tirana, Albania 16 May 2016 Statistics published by the Bank of Albania show that remittances decreased by 10.5% during the fourth quarter of 2015. According to the Bank, Albanian emigrants sent EUR 17.1 million less compared to the same period in 2014. Remittances were estimated at EUR 153.9 million during the fourth quarter of 2015....

Albania and France to enhance collaboration in the agriculture sector
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Albania and France to enhance collaboration in the agriculture sector

Tirana, Albania 13 May 2016 Albania and France will enhance the collaboration in the agriculture, livestock and fishing sectors. On May 12th the Albanian Minister of Agriculture and Rural Development, Edmond Panariti, held a meeting with the French Ambassador to Tirana, Bernard Fitoussi, to discuss collaboration opportunities between the two countries in the agriculture field....

Albanian Embassy in Zagreb invites Croatian businesses to invest in Albania
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Albanian Embassy in Zagreb invites Croatian businesses to invest in Albania

Tirana, Albania 7 April 2016 On Wednesday, the Albanian Ambassador to Zagreb held an official meeting with representatives of Geonatura Grupa Croatian company and Oikon, the Croatian Institute of Applied Ecology to discuss the possibilities of cooperation with Albanian companies. According to the Ambassador Ilir Melo, the economic diplomacy is a priority for the Albanian...

Macedonian businesses show interest to invest in Albania
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Macedonian businesses show interest to invest in Albania

Tirana, Albania 16 March, 2016 On Tuesday, the newly appointed Minister of Economic Development, Trade, Entrepreneurship and Tourism, Milva Ekonomi, hosted in a meeting the representatives of the Union of Chambers of Commerce of Macedonia and representatives of the 35 largest Macedonian businesses, in Tirane. Ekonomi said that Albania is doing its best in extending...

Foreign investments increased during 2015
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Foreign investments increased during 2015

Tirane, Albania / February 29th, 2016 A Bank of Albania’s report on the performance of FDIs during the first 9 months of 2015 shows that the amount of foreign investments reached 721 million EUR. Based on the bank’s statistics, the amount of FDIs increased by 100 million EUR in 2015, compared to the same period...

New USA investment in the medicinal plants sector inaugurated
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New USA investment in the medicinal plants sector inaugurated

Tirana, February 11, 2016 A new American investment has been established recently in Maminas region (25 km away from Tirana city), a factory that will process medicinal plants. Present in the inauguration ceremony were the Minister of Agriculture, Edmond Panariti, the General Director of USAID, Macus Johnson, representatives of the factory and medicinal plants’ gatherers...