Business & Economy - Page 7

Albania’s Cash Boom Raises Money Laundering Concerns

Cash outside Albania’s banking system reached a record 5.6 billion euros, last month. Tirana Times, August 30, 2026 – The amount of cash circulating outside Albania’s banking system has reached a record

12 hours ago

5 mins read

Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli

Business & Economy

Vlora Airport Heads to Arbitration

Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros in compensation and related liabilities. Tirana

3 weeks ago

4 mins read

Business & Economy·Western Balkans

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

2 months ago

7 mins read

As number of young workers declines, over 65s working at higher rates

Business & Economy

TIRANA, March, 25, 2023 – While Albania’s employment indicators have improved year over year, since 2020, the number of employed people is decreasing in the younger population groups, while it is increasing

3 years ago

2 mins read

Wage hikes in private sector outpacing public increases as Albania’s businesses struggle with retention

Business & Economy·News

TIRANA, March 20, 2023 – Albania’s private sector salaries are increasing and doing so at a higher rate than public sector ones, as businesses struggle to retain workers competing with migration and

3 years ago

2 mins read

Green for growth fund to invest in landmark renewable energy project in Albania

Business & Economy

TIRANA, March 11, 2023 – The Green for Growth Fund (GGF) has announced a EUR 28 million loan to fund a landmark transaction with SPV Blue 1 in Albania. The privately owned

3 years ago

5 mins read

Most of the highway has already been built in Albania and Kosovo with taxpayer funds, like the Rruga e Kombit section seen here, but there are sections that could use improvements or be built from scratch in all three countries, particularly in Serbia.

North Macedonia signs €1.3 bln deal to build new highways, including key corridor to Albania

Business & Economy·News

TIRANA, March 9, 2023 – North Macedonia’s government has signed a deal with the Bechtel Enka consortium for the construction of parts of European highway corridors 8 and 10, totaling 110 kilometers.

3 years ago

2 mins read

Albania - Germany government leaders meeting in Berlin. (Photo: Screen Grab/PDP)

Concern over Albania losing doctors to Germany highlighted as leaders meet

Business & Economy·Features·Main·News

TIRANA, March 8, 2023 – The emigration of medical professionals from Albania to Germany, which has led to public concern and criticism of the Albanian government, has now become for the first

3 years ago

4 mins read

Faced with inflation and manpower shortage, Albania’s gov’t moves to increase wages

Business & Economy·Main

TIRANA, March 1, 2023 – Albania’s government has announced it is increasing the country’s monthly minimum wage to 40,000 leks (347 euros) and increasing all military wages across board by 7 percent.

4 years ago

2 mins read

Individuals abroad sending 1 billion euros annually to Albania, latest Eurostat data shows

Business & Economy·Features·Main·News

TIRANA, Feb. 23, 2022 – About 1 billion euros were sent to Albania by individual residents in 2021, according to the latest complete set of data published by Eurostat, with most of

4 years ago

2 mins read

Highest court rules price control boards are unconstitutional

Business & Economy·Main

TIRANA, Feb. 23, 2023 – Albania’s Constitutional Court ruled Wednesday against the government’s decision to establish a price control board on food basics, a decision that is likely to impact the fuel

4 years ago

2 mins read

Albanian coffee shop chains expand globally as Mulliri opens up in Cairo

Business & Economy

TIRANA, Feb. 22, 2023 – Chains of coffee shops in Albania are a phenomenon of the past decade but the domestic brands have matured enough to expand in the region, where it

4 years ago

1 min read

Analysis: Understanding Germany’s new Supply Chain Act impact on Albanian companies

Business & Economy·Features

By Elisabeth von Alvensleben KALO & ASSOCIATES* This article tries to bring to the interested parties the likelihood of the impact that a new German Act on Corporate Due Diligence Obligations in

4 years ago

7 mins read

Through regional networking, Western Balkans business owners are preparing for the European Union market

Business & Economy

SKOPJE, March 31, 2023 – Improving infrastructure, solving barriers that exist to speed up the flow of goods and services, establishing a joint airline that will connect the region, solving the issue

4 years ago

6 mins read

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Business & Economy - Page 7

Albania’s Cash Boom Raises Money Laundering Concerns

Vlora Airport Heads to Arbitration

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

As number of young workers declines, over 65s working at higher rates

Wage hikes in private sector outpacing public increases as Albania’s businesses struggle with retention

Green for growth fund to invest in landmark renewable energy project in Albania

North Macedonia signs €1.3 bln deal to build new highways, including key corridor to Albania

Concern over Albania losing doctors to Germany highlighted as leaders meet

Faced with inflation and manpower shortage, Albania’s gov’t moves to increase wages

Individuals abroad sending 1 billion euros annually to Albania, latest Eurostat data shows

Highest court rules price control boards are unconstitutional

Albanian coffee shop chains expand globally as Mulliri opens up in Cairo

Analysis: Understanding Germany’s new Supply Chain Act impact on Albanian companies

Through regional networking, Western Balkans business owners are preparing for the European Union market

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