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INSTAT: The industry sector leads in exports
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INSTAT: The industry sector leads in exports

The industry sector is still the main sector which contributes in the external trade, by exporting more than other sectors of the economy. The statistics conducted in a latest report issued on Friday by the Institute of Statistics show that enterprises working in the industry sector exported about 83% of the total amount of exports...

BoA: Industry’s good performance is helping the economy
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BoA: Industry’s good performance is helping the economy

The industry sector activity has marked growth in the first trimester of 2014, but at lower levels than the previous trimester, announced the Bank of Albania. this growth estimated to be at a percentage of 8.2 and according to the bank, the performance of industry was led by extractive industry which contributed with 14.6% in...

Confindustria upholds VAT cut for machinery and equipment
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Confindustria upholds VAT cut for machinery and equipment

Industry representatives in Albania have upholded the decision of the Parliamentary Committee of Economy for the cut of VAT for machineries and equipments, a decision taken based on the draft projects presented by Ministry of Finances. According to Confindustria, the placement of VAT for machineries that are used in the production process, would be a...