Tag: Foreign Investors

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AmCham Asks for Competitive Tax Policies to Attract Investors
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AmCham Asks for Competitive Tax Policies to Attract Investors

TIRANA, March 3 The U. S companies in Albania ask for attractive tax policies that eliminate obstacles and differences with other countries in the region. Such policies would improve the country’s investment competitiveness. Chair of the American Chamber of Commerce Enio Jaco pointed this out as one of the main requests of the AmCham members...

Tirana is the Main City for Foreign Investments
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Tirana is the Main City for Foreign Investments

TIRANA, June 17 Tirana is the main destination for foreign investors and businesses that choose to expand their activity in Albania. Data from the City Hall of Tirana, show that 6259 subjects with foreign or joint ownership that currently function in Albania, 4185 of them are based in the capital city. The figures belong to...

What are German Investors Looking For in Albania?
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What are German Investors Looking For in Albania?

TIRANA, February 13 The German Association of Industry and Trade in Albania (DIHA) held on Tuesday its annual event focused on the economic situation of the country. German Ambassador to Tirana Susanne Schutz said that Albania has untapped potential in many areas, notably in the sectors of tourism, renewable energy, modern agriculture, and services. The...

New Changes to Euro 1 Contracts Enter into Force
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New Changes to Euro 1 Contracts Enter into Force

TIRANA, August 24 A new verdict published on the Official Gazette on Thursday unveiled the latest changes to the 1 Euro contracts. The government decided to change to the lease terms for the investors that invest more than Lek 800 million and create more than 500 jobs and attract new types of industries in the...

Albanian Copper Industry Aims at Attracting Investors’ Attention
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Albanian Copper Industry Aims at Attracting Investors’ Attention

TIRANA, August 23 Copper mining is one of the sectors of the Albanian industry that can attract investments. The Ministry of Energy and Industry invited Albanian and foreign companies to invest in copper mining. According to a technical document issued by the Ministry, the country has significant deposits of copper reserves that can reach up...

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 investors increasing interest for new ventures in Albania
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Foreign investors increasing interest for new ventures in Albania

TIRANA, August 10 Albanian Agency for Investment Development (AIDA) says that foreign investors are increasing their interest to undertake new ventures in our country. Only this year, their number reached in 67. Sectors with more interest are: Mining, wholesale trade, energy etc. Regarding AIDA, 10 investors have expressed interest in energy sector, 9 in manufacturing sector, 8...

Hong Kong Governor to encourage investors to invest in Albania
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Hong Kong Governor to encourage investors to invest in Albania

Albanian Prime Minister Edi Rama held a meeting with the Governor of Hong Kong, Leung Chun-Ying, during his three day official visit to China. At the meeting, the Prime Minister stressed that Chinese investors must increase their presence to Albania, through strategic investments. Rama also highlighted that the two countries should enhance trade exchanges, by...

Foreign Investors Association of Albania issues “Business Climate 2015” report
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Foreign Investors Association of Albania issues “Business Climate 2015” report

Let’s connect   On October 7th, the Foreign Investors Association of Albania presented “Business Climate 2015” report in which are highlighted the most concerning and current issues foreign investors encounter while doing business in Albania. Read: “Business Climate 2015” report The report was conducted during the first semiannual of 2015 and is a compilation of...