Today: Aug 07, 2026

Another fuel company in Fier fined

1 min read
13 years ago
Change font size:

TIRANA, Nov. 19 – Customs authorities have fined a fuel company operating in the region of Fier, southwestern Albania, around 86 million lek (Euro 603,000) for avoiding excise tax payment. Customs authorities say controls carried out in the Fier-based Trading Petrol & Drilling showed the company had avoided 28 million lek in excise tax and was fined a total of 86 million lek for the violation.
Last October, Customs authorities also unveiled Euro 2.7 million in damage to the state budget caused by the launch into the market of 4,400 tons of fuel in Lezha, northern Albania, without paying excise taxes. The fuel owned by Ada petrol had been stored at the Shengjin Port and was under surveillance by local customs authorities. The company was ordered to pay a total 780 million lek (Euro 5.4 million) for the violation.
Customs director Elisa Spiropali has announced the customs administration collected an extra USD 28 million in October 2013, compared to September 2013 just before she took over as new director of the customs administration representing the Socialist Party which won the June 23 general elections.
Last October, Albania’s customs administration also imposed heavy fines on Turkey’s Kurum for its steel plant operations in Elbasan on tax evasion.

Latest from Business & Economy

The Chief Executive Officer of OTP Bank Albania, Mr. Bledar Shella, described this investment as a reflection of the bank’s vision to build long-term and sustainable relationships with its clients.

OTP Bank Albania inaugurates new Private Banking premises in Tirana

Change font size: - + Reset Tirana Times, May 18, 2026 – OTP Bank Albania has inaugurated new premises dedicated to the Private Banking segment, unveiling an exclusive space designed for clients
3 months ago
2 mins read
Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage

Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
5 months ago
7 mins read