Business & Economy - Page 708

How a Sanctioned Russian Oligarch’s Business Interests Reached Albanian Public Contracts

Millions of euros flowed to companies linked to Strabag while Oleg Deripaska remained a major shareholder, exposing gaps in Albania’s ability to identify who ultimately benefits from public money Tirana Times, September

1 day ago

8 mins read

Business & Economy

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

3 weeks 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

1 month ago

4 mins read

Shkodra District promotes its tourism album

Business & Economy

Shkodra, March. 7 – A CD containing useful information as well pictures and music form the Shkodra District was launched in order to promote tourism in the area. The CD is a

20 years ago

1 min read

“Europetrol” gets permission for fuel deposits in Porto Romano

Business & Economy

TIRANA, March. 5 – The Territorial Administering Council of Albania has approved the permission to the company “Europetrol” to build fuel deposits in the area of Porto Romano, close to the Durres

20 years ago

1 min read

Albpetrol to cut 600 of its personnel

Business & Economy

TIRANA, March 7 – Senior official of the state-owned Albpetrol corporation said Wednesday that some 600 personnel had to be reduced from its staff this year in order to prepare itself for

20 years ago

1 min read

BoA guarantees no risks for financial stability expected

Business & Economy

Tirana, March.3 – BoA published its periodical Financial Stability report, determining that there are no apparent risks for the financial system of Albania. The report noted that profits for banks were higher

20 years ago

1 min read

Slovenian business to enter Albanian market

Business & Economy

TIRANA, March. 7 – The Slovenian companies seem to have taken the invitation of Prime Minister Berisha made last year, in a meeting organized by Chamber of Commerce, to enter the Albanian

20 years ago

1 min read

Gas terminals and thermo power to help with the energy problems

Business & Economy

TIRANA, March.6 – The government declared that it is launching a project for three companies to build terminals for liquefied natural gas (LNG) on areas covering 60, 120 and 30 hectares around

20 years ago

1 min read

KESH Executive Head replaced

Business & Economy

TIRANA, March. 4 – After a long controversy over the responsibility for the power crisis, state-owned power corporation KESH executive head Andi Beli is replaced with economy Vice Minster Gjergj Bojaxhi. The

20 years ago

2 mins read

Smuggled cigarettes blocked by police

Business & Economy

SHKODRA, March 6 – Shkodra police arrested Tuesday Viktor Vukaj, 57, after found with him a considerable amount of smuggled cigarettes. Vukaj, resident of Guri i Zi commune in northern Shkodra, had

20 years ago

1 min read

Business claims losses from the closure of customs warehouses

Business & Economy

TIRANA, March. 7 – The political decision to close down all operating customs warehouses has hurt business by prolonging the time needed to go through customs procedures and having no guaranteed place

20 years ago

1 min read

Fullani visits Luxembourg, Belgium

Business & Economy

TIRANA, March 5 – Central Bank of Albanian governor Ardian Fullani made a visit in late February to Luxembourg and Belgium to meet with the counterparts in those countries, according to a

20 years ago

1 min read

Imports deepen trade gap

Business & Economy

TIRANA, March. 7 – Domestic production still looms far behind local demand as import figures continue rising and the trade deficit gap widens. For January 2007 the trade deficit totaled 17.6 billion

20 years ago

1 min read

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Business & Economy - Page 708

How a Sanctioned Russian Oligarch’s Business Interests Reached Albanian Public Contracts

Albania’s Cash Boom Raises Money Laundering Concerns

Vlora Airport Heads to Arbitration

Shkodra District promotes its tourism album

“Europetrol” gets permission for fuel deposits in Porto Romano

Albpetrol to cut 600 of its personnel

BoA guarantees no risks for financial stability expected

Slovenian business to enter Albanian market

Gas terminals and thermo power to help with the energy problems

KESH Executive Head replaced

Smuggled cigarettes blocked by police

Business claims losses from the closure of customs warehouses

Fullani visits Luxembourg, Belgium

Imports deepen trade gap

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