Business & Economy - Page 730

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

Albania threatened of another energy crisis

Business & Economy

TIRANA, Nov. 15 – The state owned power corporation KESH is trying hard to convince consumers pay their money and also finding difficult to offer a continuous 24-hour supply due to colder

20 years ago

2 mins read

Albanian BKT Bank reports rise in profits

Business & Economy

TIRANA, Nov.13 – Albania’s privately-held National Commercial Bank (BKT), the second largest in terms of assets, TOTAL ASSETS of $774.319 million, reported an $8.1 million (6.3 million euro) net profit through September,

20 years ago

1 min read

ABA improves services to selected customers

Business & Economy

Tirana, Nov. 13 – American Bank of Albania (ABA) has introduced a new innovative product to enhance the online activity of its customers. ABA provides an online service for its existing clients

20 years ago

1 min read

Personal labor numbers in 2007

Business & Economy

TIRANA, Nov.15 – The Finance Ministry will provide all employed Albanian people with a personal identification number for purposes of income registration, taxation and social security contributions. The ministry will also apply

20 years ago

1 min read

Local government to manage small businesses taxes

Business & Economy

TIRANA, Nov. 15 – The Vice Minister of internal Affairs, Ferdinand Poni, declared on Wednesday that 2007 will launch the new scheme of tax collections according to which the local structures will

20 years ago

1 min read

Lower Value added Tax next year

Business & Economy

TIRANA, Nov. 15 – Finance Vice-Minister Florian Mima presented to the economy Commission of the parliament a plan drafted by the corresponding administration for lowering the Value Added Tax by one percent

20 years ago

1 min read

Authority starts formal investigation on insurance market

Business & Economy

TIRANA, Nov. 14 – A formal investigation will be conducted to assess the potential cartel organization of Albanian insurance providers. The news was communicated on Monday by the Competition Authority of Albania

20 years ago

1 min read

Remittances remain principal revenue factor in Albania

Business & Economy

TIRANA, Nov.15 – Bank of Albania declared that 86 percent of bank transfers into the country for the first half of 2006 have been a result of emigrants sending back remittances to

20 years ago

1 min read

Alpha bank declares profitable expansion in the Balkans

Business & Economy

ATHENS, Nov 15 – Greece’s second-largest lender Alpha Bank declared its profit reached 473.4 million euros for the first three quarters of 2006. The bank issued a statement on Wednesday, declaring that

20 years ago

1 min read

World Bank to support food industry

Business & Economy

SHKODER, Nov.14 – World Bank organized on Tuesday a seminar for food industry in Albania. The event was organized in the northern city of Shkodra. Participants included businessmen and representatives of the

20 years ago

1 min read

ProCredit opens another branch

Business & Economy

TIRANA, Nov. 14 – ProCredit Bank said Tuesday it would open another branch in the southern town of Kucova. The ceremony of the 22nd bank office in the country would be held

20 years ago

1 min read

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Business & Economy - Page 730

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

Albania threatened of another energy crisis

Albanian BKT Bank reports rise in profits

ABA improves services to selected customers

Personal labor numbers in 2007

Local government to manage small businesses taxes

Lower Value added Tax next year

Authority starts formal investigation on insurance market

Remittances remain principal revenue factor in Albania

Alpha bank declares profitable expansion in the Balkans

World Bank to support food industry

ProCredit opens another branch

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