The Most Profitable Companies in Albania in 2018

The Most Profitable Companies in Albania in 2018

TIRANA, June 13

State-owned companies, concession licenses, and second-tier banks were among the top ten most profitable businesses in Albania in 2018. Albania’s GDP reached the highest level for the decade in 2018 with a 4.1 percent growth rate. Top Channel narrowed down the top 10 companies in Albania that helped fuel market growth based on their profit margin. What can be noticed compared to the list of the most profitable companies in 2017, is the absence of gambling companies even though they were legal in 2018.

List of the top 10 profitable business in Albania in 2018

KESH – The Albanian Power Corporation The largest electricity producer in Albania made over €135 million in revenue in 2018
OSHEE – The Electric Power Distribution Operator, €73 million
National Trade Bank (Banka Kombetare Tregtare) – Banking, €63 million
Tirana International Airport (TIA), concession owner, €33.5 million
Raiffeisen Bank – Banking
Bankers Petroleum – concession owner
Vodafone Albania – Telecommunications
Credins Bank – Baking and finance
Gjoka Construction – Concession owner
OST – Albanian power transmission system operator

Reading Suggestion: Albania, an Emerging Destination for Offshore Outsourcing

List of the top 10 profitable business in Albania in 2017

National Trade Bank (Banka Kombetare Tregtare) – Banking
Raiffeisen Bank – Banking
OSHEE – The Electric Power Distribution Operator
Spiecapag – Shqiperia – Trans Adriatic Pipeline (TAP) construction
Tirana International Airport (TIA) – Mother Teresa Airport Concession
Albchrome – Chromium extraction and processing
Intesa Sanpaolo Bank Albania – Banking
Spiecapag Transadriatica – TAP construction
APEX-AL – Gambling
GSA – Electric power trade

Source: TCh

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