The Top 100 Most Profitable Albanian Companies

TIRANA, October 22

Concession companies, banks, and gambling companies were the most profitable businesses in Albania for 2017. Monitor magazine narrowed down the top 100 companies in Albania that are helping fuel market growth based on their profit margin. Based on the available data collected from the companies’ balance sheets, the enterprises with the highest annual revenues are from the concession and gambling sectors. At the same time, these are two sectors that do not require much business intuition, organizational skills, or market surveys.
Gambling businesses marked a two-fold increase in revenue since 2013 while the profit margin is over 50 percent.
In the meantime, banks are listed among the top companies in terms of annual income due to the repositioning of provisions, declining bad loans, low-interest rates, etc.
Construction is another sector that is generating high revenue and this is the reason why it is attracting almost all the free capital. According to Monitor, the 100 most profitable companies gained a total income of Euro 540 million or 13 percent more compared to the profit generated by the top 100 profitable companies in 2016. This amount accounts for 4.8 percent of the annual Gross Domestic Product (GDP).

List of the top 100 profitable businesses in Albania in 2017

1. National Trade Bank (Banka Kombetare Tregtare) – Banking
2. Raiffeisen Bank – Banking
3. OSHEE – The Electric Power Distribution Operator
4. Spiecapag – Shqiperia – Trans Adriatic Pipeline (TAP) construction
5. Tirana International Airport (TIA) – Mother Teresa Airport Concession
6. Albchrome – Chromium extraction and processing
7. Intesa Sanpaolo Bank Albania – Banking
8. Spiecapag Transadriatica – TAP construction
9. APEX-AL – Gambling
10. GSA – Electric power trade
11. OST – Albanian power transmission system operator
12. Kastrati – Hydrocarbons
13. Intercom Data Service – Call Center
14. Alb-Building – Construction
15. Bankers Petroleum Albania LTD – Hydrocarbons
16. Gjoka Constructions – Construction
17. Kastrati – Retail and hydrocarbons
18. ITX Albanian – Clothing retailer
19. Infosoft Systems – Business software solutions
20. ABKONS – Consulting
21. Albania Marketing Service – Call Center
22. ALEAT – Passport and ID card production and distribution
23. MANETCI – Construction
24. AGNA – Beverage Food export/import and marketing
25. ASTRA Albania – Gambling
26. Albanian Distribution and Development – Wholesale/retail
27. American Investment Bank – Banking
28. ALFA sh.a – Import/export
29. ELKA-Sa – Retail/wholesale
30. Tirana East Gate (TEG) – Commercial rental
31. First Investment Bank – Banking
32. KESH (Albania Power Corporation) – Electric power generation
33. VLT Albania – Gambling
34. Profarma – Pharmaceuticals
35. Besa Fund – Financial service
36. Societe General Albania – Banking
37. ANTEA Cement – Construction materials
38. Info-Telecom – Telecommunications
39. Coca-Cola Bottling Albania – Production, packaging, and distribution
40. ALBAMETAL – Steel and metals production
41. Regency International casino – Gambling
42. General Directorate of Road Transport Services – Transport
43. PE-VLA-KU – Civil engineering and construction
44. Adriatik Gane – Gambling
45. Credins Bank – Banking
46. Neptun – Appliances import-export
47. Union Bank – Banking
48. 2T – Civil and industrial engineering, road construction
49. Albaelectrica – Electric appliances sale
50. Gener 2 – Civil engineering, infrastructure
51. EKMA Albania – Rental and real estate
52. LC Waikiki retail Al – Clothing retailer
53. Kurum International – Construction Materials production and trade
54. Brunes – Construction materials trading
55. Mediterranean Shipping Company Albania – Port Agent
56. Kid Zone – Wholesale/Retailer
57. Bov-oil – Hydrocarbons
58. BFI Trade – Mineral trading, purchase
59. EUROSIG – Insurance, financial service
60. ABCOM – Telecommunications
61. VIBTIS – Import/export
62. ALBACALL – Call center
63. SIGAL Uniqa group Austria – Insurance, Financial services
64. Marketing and Distribution – Import/export
65. Inter Distribution Services – Import/export
66. Curri – Construction
67. Joint Venture Renco Terna Albania – Infrastructure/TAP
68. Nazeri-2000 – Security
69. EMANTE – Trade
70. G.P.G Company – Civil/industrial engineering
71. EGI-K – Mining
72. Rossman-Lala – Wholesale drugstore
73. Zodiac – Wholesale
74. Salillari – Construction and infrastructure
75. S2 Albania – Cargo scanning concession
76. Billa & Co – Import/export of construction materials
77. Mektrin Motors – Car dealership
78. ALBPETROL – Hydrocarbons
79. Interbrands – Import/export, wholesale, retail
80. Alb-Energy – Power production, PHH concession
81. EVITA – Medicaments and pharmaceuticals wholesale
82. ENBI Power – Energy System Maintenance
83. Rafaelo 2002 – Construction, tourism, import/export
84. EST SHPK – Construction and installation of electric implants
85. Inter Trade & Distribution – Wholesale, retail
86. Turgut Ozal Education – Education
87. UET – Education
88. UFO – Education
89. B.M SHPK – Agricultural products wholesale
90. GEN – I Tirana – Electric power trading
91. SHEGA – Trans – International transport, shipping agency
92. Tirana Financial Union – Financial services
93. ALDENT – Education
94. Euron Energy – Electricity generation, HPP concession
95. MONTAL – Import and wholesale of medical equipment
96. Durres Port Authority – Port services
97. KA Trading – Production and trade of sanitary products
98. SGS Automotive Albania – Vehicle inspection concession
99. STERKAJ – Civil and industrial engineering
100. ALBA Construction – Civil and industrial engineering

News Source: Monitor