Business & Economy - Page 153

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Albania’s Concrete Economy: How Construction Became the Country’s Dominant Growth Model Tirana Times, July 10, 2026 – A booming construction sector has made Albania an outlier in Europe, but behind the cranes

1 week ago

7 mins read

Business & Economy

Austria Leads FDI, but Real Estate Tells the Bigger Story

Bank of Albania data show Austria topping first-quarter foreign investment flows, while property and construction continue to shape Albania’s FDI model. Tirana Times June 25, 2026 – The figures place Austria ahead

4 weeks ago

4 mins read

Business & Economy

Albania’s Missing Generation: A Country Losing Its Future Before 2050

Tirana Times, June 22, 2026 – Albania is no longer facing a normal demographic decline. It is facing the possible disappearance of the very generation on which its economic, social and political

4 weeks ago

6 mins read

New rules to provide guarantee for car repairs

Business & Economy

TIRANA, March 31 – The transport ministry has issued a new regulation to discipline the licensing and operation of car services which will also make it compulsory for service owners to provide

10 years ago

1 min read

Tax Freedom Day comes early in Albania

Business & Economy

TIRANA, March 28 – Albania continues remaining one of the first countries in the region to celebrate the Tax Freedom Day, known as the day you stop earning money for the government

10 years ago

4 mins read

Low commodity prices continue negatively affecting exports

Business & Economy

TIRANA, March 29 – Albania’s exports continued suffering even last February as international oil and base metal prices stood at record low. Data published by the country’s exports of “minerals, fuel and

10 years ago

2 mins read

Lakes stand where once agricultural lands were.

Early 2015 floods caused €110 mln in damage, report shows

Business & Economy

TIRANA, March 30 – The early 2015 massive flooding in south-western Albania affected some 400,000 people and thousands of hectares of crops, causing damage of about Euro 110 million, a report shows.

10 years ago

2 mins read

KESH power utility in talks to borrow €218 mln from EBRD

Business & Economy

TIRANA, March 30 – State-run power corporation KESH is seeking to borrow some €218 million from London-based EBRD to refinance its short-term costly loans to local banks. If approved the loan would

10 years ago

1 min read

Cruise ship season kicks off at Durres Port

Business & Economy

TIRANA, March 31 – The Berlin cruise ship has opened the cruise tourism season in the country’s biggest port of Durres bringing some 350 tourists, the majority of whom (are) Germans. Durres

10 years ago

1 min read

Tackling NPLs crucial for credit recovery, governor says

Business & Economy

TIRANA, March 30 – The country’s central bank says further reducing non-performing loans is a pre-condition for a recovery in credit at a time when new bankruptcies in the industry sector are

10 years ago

3 mins read

€16 mln seized in suspected money laundering, report shows

Business & Economy

TIRANA, March 30 – Albania law enforcement institutions seized around €16 million in 2015 in transfers suspected of money laundering, according to a report by the Albanian Financial Intelligence Unit. Some €11

10 years ago

2 mins read

Chinese company takes over Bankers Petroleum for €392 mln

Business & Economy·Main

TIRANA, March 20 – Canada-based Bankers Petroleum has signed a preliminary deal with China’s Geo-Jade Petroleum Corporation to sell its major Albania assets and a newly acquired minor oil block in Hungary

10 years ago

5 mins read

Financial straits paralyze dilapidated rail transport

Business & Economy

TIRANA, March 22 – Albania’s dilapidated and little used rail transport has been paralyzed since last weekend with the loss-making state-run company unable to afford buying fuel on its own. The situation

10 years ago

4 mins read

State-run power sector recovers as grid losses drop to 30%

Business & Economy

TIRANA, March 23 – Heavy rainfall and a cut in grid losses considerably improved the domestic hydro-dependent electricity generation in 2015 which met 80 percent of the country’s needs, compared to only

10 years ago

1 min read

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Business & Economy - Page 153

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Austria Leads FDI, but Real Estate Tells the Bigger Story

Albania’s Missing Generation: A Country Losing Its Future Before 2050

New rules to provide guarantee for car repairs

Tax Freedom Day comes early in Albania

Low commodity prices continue negatively affecting exports

Early 2015 floods caused €110 mln in damage, report shows

KESH power utility in talks to borrow €218 mln from EBRD

Cruise ship season kicks off at Durres Port

Tackling NPLs crucial for credit recovery, governor says

€16 mln seized in suspected money laundering, report shows

Chinese company takes over Bankers Petroleum for €392 mln

Financial straits paralyze dilapidated rail transport

State-run power sector recovers as grid losses drop to 30%

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