TIRANA, December 16 Even though Micro Small and Medium-Sized Enterprises (MSMEs) account for 99.8 percent of active companies in Albania, only 3.1 percent of them are exporters, Albania Investment Council points out in its latest study ‘Internationalization of Albania MSMEs, Challenges and Opportunities. Moreover, Albanian MSMEs contribute to 68.2 percent of total investment in the...
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March 11, 2020March 11, 2020Businesses
SMEs Make 99.8% of Active Enterprises in Albania
TIRANA, March 11 Small and medium-sized enterprises in Albania account for 99.8 percent of the active enterprises in 2018, the Institute of Statistics (INSTAT) confirmed on Wednesday. This figure is the same as the previous year. In terms of sectors, trade accounts for 41.4 percent of SMEs. It is followed by the services sector, 21.2...
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October 18, 2019October 18, 2019Businesses
INSTAT Survey Explains SMEs’ Innovation Capacity
TIRANA, October 18 Innovation is crucial to enhancing the competitiveness of small and medium-sized enterprises (SMEs). The lattes survey on innovation capacities of SMEs in Albania found out that innovation activity in enterprises results in disproportion with their size. Findings from a survey on innovation in SMEs conducted by the Institute of Statistics (INSTAT) shed...