New Healthcare Projects in 2007

TIRANA, Jan.19 – Three hospital construction projects and one healthcare system modernization program are in the list of foreign financed new healthcare programs, Albania’s Health Ministry said on Friday. The combined investment is worth 1.75 billion leks ($18.1 million/14 million

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Davos world economic forum starts

Geneva, Switzerland. Jan. 25 – The World Economic Forum started on Thursday in Geneva its annual meeting to discuss global warming, the internet revolution, Asia’s breathtaking demographic and economic growth as well as other matters of importance. “The Shifting Power

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Energy crisis does not subside: Extra Imports to save Fierza

TIRANA, January 22 – Andi Beli, head of the country’s power utility KESH declared that the situation at the Fierza Lake is almost desperate. In the weekend, waters at Fierze lake were eight meters above the minimum needed for power

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Oil refinery to undergo restructuring for privatization

TIRANA, Jan.24 – On Wednesday the Albanian cabinet decided to take some important steps for the restructuring of ARMO, the oil refinery and oil distributor. Clear balance sheets with all its tangible assets and the financial accounts of its petrol

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Ruli signs deal with Austrian governor

TIRANA, Jan. 15 – Minister of Economy, Trade and Energy Genc Ruli signed Monday a memorandum of understanding with Governor of the Low Austria province Erwin Pr

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Delayed work in Kukes roads due to expropriation processes

KUKES, Jan. 15 – The work in the 28-kilometer Morin – Kukes – Kalimash road segment is suffering some delays due to the process of land expropriation. Building of this road costs 560 million leks. Some local officials say they

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BA voted best airline in the world

LONDON, Jan. 12 – A US travel magazine voted British Airways the best airline in the world. The magazine made a questionnaire with more than 13,000 readers. BA emerged as the top choice in a survey of 13,653 travelers, as

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Challenges in agriculture this year

TIRANA, Jan. 15 – Promoting development of vineyards, forests and olive are some of the main challenges for the agriculture development this year, according to the ministry. The government has already approved the plan for their support, according to Minister

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Tirana Chamber of Commerce to elect its new leaders

TIRANA, Jan. 16 – Tirana Chamber of Commerce is organizing the electoral process for its top managers this month. The Chamber will hold its assembly to elect the new heads of the office. Hundreds of businessmen are register dint he

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Albanian Insurers get higher Income

TIRANA, Jan.16- Official statistics released on Friday by Insurance authorities showed that for 2006 Albanian insurers’ gross premium income rose by 5.4percent. The figure is calculated up until last October to be around 3.6 billion leks ($37.2 million/28.8 million euro).

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                    [post_content] => TIRANA, Jan.19 - Three hospital construction projects and one healthcare system modernization program are in the list of foreign financed new healthcare programs, Albania's Health Ministry said on Friday. The combined investment is worth 1.75 billion leks ($18.1 million/14 million euro). The Islamic Development Bank is one of the key donors with an investment of 200 million leks for the construction of the second phase of an ongoing hospital construction project in Durres, and a co-financing, together with the OPEC Fund, of 300 million leks for a hospital construction project in Kavaje.
 The third project costs some 650 million leks and is financed by the Council of Europe Development Bank (CEB). It is for the construction of an internal diseases hospital at the capital's University Health Centre Mother Teresa. The Albanian healthcare system has received many negative reviews together with recommendations for urgent changes especially by the European Union. Thus, the ministry plans also to launch a 600 million leks healthcare system modernization project funded by the World Bank - part of a larger $19.1 million program, jointly funded by the bank, Japan and Albania, aimed at helping the country improve both physical and financial access to health services. Additionally, the ministry said it would invest 800 million leks from its 2007 budget in healthcare centers construction and upgrades and some 600 million leks in hospital repairs countrywide.
                    [post_title] =>  New Healthcare Projects in 2007 
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                    [post_content] => Geneva, Switzerland. Jan. 25 - The World Economic Forum started on Thursday in Geneva its annual meeting to discuss global warming, the internet revolution, Asia's breathtaking demographic and economic growth as well as other matters of importance. "The Shifting Power Equation" is the significant name of the overall activity that addresses changes in the power dynamics. More than 2400 participants form a variety of a many as 90 countries including British Prime Minister Blair and famous singer Bono are expected to hit the venue at the city of the Swiss Alps. The event will be closed on Jnauary 28. The program will follow four main themes that figure prominently on the global agenda in 2007. These range from "Economics: New Drivers" and "Geopolitics: The Need for Fresh Mandates" to "Business: Leading in Connected World" and
"Technology and Society: Identity, Community and Networks". During the opening sessions, German Chancellor Angela Merkel presented her agenda for the year ahead. The German Chancellor will be chair of the G8 for 2007 and rotating head of the European Council for the first six months of the year. Most of the 223 sessions, workshops, panel discussions, lunches and dinners will be interactive to foster
collaborative approaches to resolving issues. As such, the World Economic Forum Annual Meeting is not a conference in the traditional sense, but the flagship of the Forum's larger set of activities - including regional meetings, task forces and initiatives - that engage top leaders from business, politics, religious groups and non-governmental organizations to shape the global, regional and industry agendas. 50% are business leaders, drawn principally from the Forum's members - 1,000 of the foremost companies
from around the world and across economic sectors.
This year more than 800 CEOs and chairmen from the world's leading companies are participating. Seventythree of the top 100 companies in the world chosen by the Financial Times, Fortune or Forbes will take part.
Other major categories of participants:
נ 211 public figures, including 24 heads of state or government, 85 cabinet ministers, 24 ambassadors 
-58 heads or senior officials of international organizations
נMore than 482 participants from civil society including:
- 31 heads of non-governmental organizations
- 13 union leaders
- 161 leaders from academic institutions and think tanks
- 270 media leaders
נ 22 religious leaders of different faiths
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests. The World Economic Forum is under the supervision of the Swiss Federal Government. Samuel Huntington once named Davos as the embodiment of a global culture that is taking shape in the contemporary political economic and cultural sphere. One a year, world leaders form these fields meet in an effort to debate constructively the major world events.
                    [post_title] =>  Davos world economic forum starts 
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                    [post_content] => TIRANA, January 22 - Andi Beli, head of the country's power utility KESH  declared that the situation at the Fierza Lake is almost desperate. In the weekend, waters at Fierze lake were eight meters above the minimum needed for power generation. The depletion of scarce water reserves used for power generation is going on and Albania has raised daily power imports to the maximum of 10.7 million kilowatt-hours (kWh) to the maximum that its electricity grid allows to bring in. Increased imports are targeted at lowering domestic production and will enable KESH to keep enough water at the lake of Fierze, where the largest electricity generating unit in the country is located, until the rainy season. KESH has started importing 10.7 million kWh as of Saturday, up from 8.2 million kWh five days earlier. Daily domestic production was lowered to 6 million kWh from some 10 million kWh previously. Due to increased imports the fall of the water level has slowed to 20 centimeters a day from 30-35 centimeters previously. The news comes as no good omen to Albanian consumers whose power shortages will continue as before. Beli has made it clear that no alleviation of cuts is predicted due to the fact that if Fierza stops the country risks collapse. 
                    [post_title] =>  Energy crisis does not subside: Extra Imports to save Fierza 
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                    [post_content] => TIRANA, Jan.24 - On Wednesday the Albanian cabinet decided to take some important steps for the restructuring of ARMO, the oil refinery and oil distributor. Clear balance sheets with all its tangible assets and the financial accounts of its petrol stations will be made public since ARMO's privatization is expected to be re-launched this year. A new privatization act is due to be adopted for this procedure. The restructuring is part of ARMO's privatization formula and includes reorganization of the corporate, managerial and operational bodies, registration of all assets, liquidating businesses that report losses and solving the problems of illegal oil and oil products retailers. An ARMO sell-off bill was approved in July 2003. The state was going to offer at least a 51% stake in the refiner, to a strategic investor. In May 2005, the government offered it for sale but all nine investors to initially show interest withdrew from the tender. ARMO has its central operative offices in the southern city of Fier, very close to the Vlora port. It has two refineries - one in Fier and another in nearby Ballsh. The total combined processing capacity is 1.5 million tons of crude oil per year. The company's domestic market share in the motor fuel market last summer reached the level of 22 percent. The refinery's sale is part of a government program for the privatization of state assets, including petroleum firms Albpetrol and Servcom, fixed-line monopoly Albtelececom, power utility KESH, insurer INSIG, and motor fuel dealer Petrolimpex.
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                    [post_content] => TIRANA, Jan. 15 - Minister of Economy, Trade and Energy Genc Ruli signed Monday a memorandum of understanding with Governor of the Low Austria province Erwin Pr
                    [post_title] =>  Ruli signs deal with Austrian governor 
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                    [post_content] => KUKES, Jan. 15 - The work in the 28-kilometer Morin - Kukes - Kalimash road segment is suffering some delays due to the process of land expropriation. Building of this road costs 560 million leks. Some local officials say they have had no official documentation from the construction company or the central government what is to be done with some of their objects which should be demolished as they are along the road trace. A very important issue remains the water supply network for Kukes which has to deviate because of the new road. The new road, which has started to be build since four months, is part of the Durres-Kukes-Morine segment which will link Albania with Kosova. The highway is 170 kilometers. The completed highway will run from the port city of Durres to the town of Kukes, 200 kilometers northeast of Tirana, and then to the Morina border crossing point. Kosovo, a U.N.-run province in Serbia, is important to Albania because most of the tourists visiting the western Balkan country are ethnic Albanians from Kosovo or Macedonia as well as expatriate Albanians returning from other parts of Europe.
                    [post_title] =>  Delayed work in Kukes roads due to expropriation processes 
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                    [post_content] => LONDON, Jan. 12 - A US travel magazine voted British Airways the best airline in the world. The magazine made a questionnaire with more than 13,000 readers. BA emerged as the top choice in a survey of 13,653 travelers, as part of a comprehensive study of today's travel market. Global travel magazine surveyed its readers between February and August last year and the results have now been published in the January edition. After taking the "Best Business Class" honors two years running in the magazines awards and consistently moving up the ranks overall, readers highlighted the Club World experience, starting with easy online check-in and the fast bag drop through the lounge. The Molton Brown spa treatments offered in the lounge were also highlighted as a favorite among readers.
                    [post_title] =>  BA voted best airline in the world 
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                    [post_content] => TIRANA, Jan. 15 - Promoting development of vineyards, forests and olive are some of the main challenges for the agriculture development this year, according to the ministry. The government has already approved the plan for their support, according to Minister Jemin Gjana. The government will try to support this year the development of vineyards, forestry and livestock, consolidate and further increase the network of markets around the country and increase standards of the food security like fishery, oil, fruits, meat, milk, vegetables and so on. That is part of the efforts the country is doing to fulfill the standards required from the European Union where Albania aims to get integrated in the future. Approximation of legislation is another sphere of interest where authorities are to work this year. Authorities have won a $6 million project from the World Bank to take care of the avian flu, or bird flu in which Albania had two cases last year. The ministry will also invest in irrigation of some 6,000 hectares and build some 650 dams to preserve agriculture land.

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                    [post_content] => TIRANA, Jan. 16 - Tirana Chamber of Commerce is organizing the electoral process for its top managers this month. The Chamber will hold its assembly to elect the new heads of the office. Hundreds of businessmen are register dint he Chamber and have the right to vote.
                    [post_title] =>  Tirana Chamber of Commerce to elect its new leaders 
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                    [post_content] => TIRANA, Jan.16- Official statistics released on Friday by Insurance authorities showed that for 2006 Albanian insurers' gross premium income rose by 5.4percent. The figure is calculated up until last October to be around 3.6 billion leks ($37.2 million/28.8 million euro). Mandatory insurance policies, mostly covering third-party liability were the best sellers for the 10 insurers operating in Albania which earned a cumulative 2.4 billion leks in gross income in the first ten months of 2006. This was 9.56 percent higher than the same period one year earlier, according to the report of Albania's Insurance Supervision Authority. Almost 67 percent of all policies sold in Albania through last October were mandatory assurance products. The same period in 2005 had only 64.43percent. Income from voluntary insurance went down by 2.13 percent, totaling 1.2 billion leks, data from the report showed. The leader in the market for life insurance, which in Albania is offered only by three main insurers, was INSIG. It had a 42.51percent market share. This company is still state-owned but is expected to be privatized within this year. The life insurance providers had a cumulative gross premium income of 239.6 million leks up until October 2006, up 34.53percent from 2005. The other main company, which is private, Sigal  kept the largest market share in the non-life insurance segment with a 27.67percent at the end of October, up from 27.38percent at the end of the previous month. The money paid out to claims was 5 percent higher and totaled almost 1 billion leks. The average claims ratio, or claims paid as a percentage of premiums received, in the non-life insurance segment was 30.63 percent, up from 30.15 percent a year earlier.
                    [post_title] =>  Albanian Insurers get higher Income 
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            [post_date] => 2007-01-26 01:00:00
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            [post_content] => TIRANA, Jan.19 - Three hospital construction projects and one healthcare system modernization program are in the list of foreign financed new healthcare programs, Albania's Health Ministry said on Friday. The combined investment is worth 1.75 billion leks ($18.1 million/14 million euro). The Islamic Development Bank is one of the key donors with an investment of 200 million leks for the construction of the second phase of an ongoing hospital construction project in Durres, and a co-financing, together with the OPEC Fund, of 300 million leks for a hospital construction project in Kavaje.
 The third project costs some 650 million leks and is financed by the Council of Europe Development Bank (CEB). It is for the construction of an internal diseases hospital at the capital's University Health Centre Mother Teresa. The Albanian healthcare system has received many negative reviews together with recommendations for urgent changes especially by the European Union. Thus, the ministry plans also to launch a 600 million leks healthcare system modernization project funded by the World Bank - part of a larger $19.1 million program, jointly funded by the bank, Japan and Albania, aimed at helping the country improve both physical and financial access to health services. Additionally, the ministry said it would invest 800 million leks from its 2007 budget in healthcare centers construction and upgrades and some 600 million leks in hospital repairs countrywide.
            [post_title] =>  New Healthcare Projects in 2007 
            [post_excerpt] => 
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            [post_name] => new-healthcare-projects-in-2007_101276
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            [post_modified] => 2007-01-26 01:00:00
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