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Five Startups Win IDEA Business Competition
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Five Startups Win IDEA Business Competition

TIRANA, December 6 The Innovative Development for Entrepreneurs in Albania (IDEA) Project was finalised on Monday and five winners were announced during a ceremony held on the occasion. The project aimed at supporting young entrepreneurs and startups to strengthen their entrepreneurship competences, business skills and drafting proper business plans in four Albanian cities, Tirana, Korca,...

Govt to Auction 13 Mineral-Rich Areas
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Govt to Auction 13 Mineral-Rich Areas

TIRANA, December 1 The Ministry of Energy and Industry will open an auction on 13 free areas for mineral extraction activities. These areas that will be developed by private companies or subjects are located in Tirana, Dibra, Shkodra, Kukes, and Elbasan. This was confirmed in the recent bulletin issued by the Public Procurement Agency. According...

Six Enterprises to Benefit from Competitiveness and Creativity Funds
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Six Enterprises to Benefit from Competitiveness and Creativity Funds

TIRANA, November 30 Six are the winning Albanian companies that will benefit from the Fund on Competitiveness and Creativity. The Albanian Investment Development Agency (AIDA) unveiled the names of the winners, three for each fund. The fund on Competitiveness, which provides direct financial support for micro, small and medium-sized enterprises. Two companies from Tirana and...

Industrial Facilities to Be Privatized by 2018
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Industrial Facilities to Be Privatized by 2018

November 17 The Albanian government plans to privatize the remained industrial facilities. This initiative is part of the strategic document on policies for non-food industry sector for 2016-2025. According to this document all the industrial facilities will be privatized by 2018. “It is aimed to achieve a partial rehabilitation of former industrial facilities through a...

75 Reasons to Travel to Albania ASAP
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75 Reasons to Travel to Albania ASAP

By Allison Green This is not an original article by Invest in Albania, the original can be found here. For too long, Albania has been ignored as a tourist destination. I get it. The country has had to bounce back from a lot. For years, Albania was under one of the most repressive communist totalitarian...

Razem, a Great Destination for Alpine Autumn Vacations
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Razem, a Great Destination for Alpine Autumn Vacations

TIRANA, September 26 This summer, hundreds of thousands of Albanians and international tourists decided to lift their eyes to the mountains and conquer the northern Alps also recognised as the Accursed Mountains. As the weather is getting colder, tourists prefer to visit adjacent destinations like Razma village. It is located 41 km away from the...

Mesi Bridge in Shkodra in Need of Attention
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Mesi Bridge in Shkodra in Need of Attention

TIRANA, August 26 The Mesi Bridge, which spans over Kir River in Shkodra area, built in the 18th century in the Ottoman architectural style is an important monument of culture. Despite this fact, local media report that not enough attention is given to it. Conservation works that were undertaken a few years ago were considered...

Tourism, the Best Performing Sector for Q1
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Tourism, the Best Performing Sector for Q1

TIRANA, August 1 So far, the tourism sector is performing better in terms of incomes if compared to other markets. This was confirmed by the data issued by the Bank of Albania (BoA). Based on this information, tourist arrivals for the first quarter of 2016 provided a net positive income of Euro 67 million, which...