Albania oil workers redundant again as failed ARMO privatization saga continues

TIRANA, Jan. 7 – Hundreds of workers at Albania’s sole major oil refiner have temporarily remained jobless in a repeated scenario in the past decade following a failed privatization of the Armo oil refiner, where the Albanian government still holds a minority 15 percent stake. Workers at the oil refinery in Ballsh, a small town in the southern Albanian region of Fier where the refiner is the main employer, have been staging protests in the past few days, demanding a solution to the resumption of work at the refinery that employs around 1,000 people. Representatives of the company that has…