Austrian investors pessimistic about Albania business climate, investments

Tirana Times
By Tirana Times April 12, 2017 18:19

Austrian investors pessimistic about Albania business climate, investments

Story Highlights

  • More than half of Austrian businesses operating in the country consider Albania as an unattractive investment destination with corruption, lack of rule of law and bureaucracy as the top concerns, according to a survey conducted by the Albanian unit of Advantage Austria, the official trade promotion organization of Austria. Austrian officials say it is exactly corruption and the inefficient judiciary which have been holding back Austrian investments in the past few years, making Albania lag behind regional countries.

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TIRANA, April 11 – More than half of Austrian businesses operating in the country consider Albania as an unattractive investment destination with corruption, lack of rule of law and bureaucracy

Tirana Times
By Tirana Times April 12, 2017 18:19