State-run OSHEE electricity operator becomes Albania’s largest company

TIRANA, Oct. 4 – State-run electricity distribution operator OSHEE has emerged as Albania’s largest enterprise in terms of turnover and profits, leaving behind major oil companies which made it to South East Europe’s top 100 in 2014, according to a regional report. The annual report measuring the largest SEE companies showed no Albanian company made it to the top 100 for the second year in a row, as the 2014 entrants, Bankers Petroleum oil producer and Kastrati oil trader, have been suffering sharp declines in turnover since the mid-2014 slump in oil prices. State-run OSHEE distribution operator which turned profitable…