Business & Economy - Page 735

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

Danish company suspends work at the Durres port

Business & Economy

DURRES, Oct.25 – The Albanian Ministry of Public Works, Transportation and Telecommunication has terminated its working contract with the Danish company “Roehde Nielsen” which did not continue work for the deepening of

20 years ago

1 min read

Seven lots for the Kalimash – Morine road to be completed

Business & Economy

20 years ago

1 min read

BoA sells T-bids at higher yields in weekly auction

Business & Economy

TIRANA, Oct.25 – The central Bank of Albania held Tuesday its regular auction of T-bills. It sold 8.07 billion leks ($82.2 million) of three-, six- and 12-month Treasury bills. The sale breakdown

20 years ago

1 min read

BoA to exert higher competencies in relation to commercial banks

Business & Economy

TIRANA, Oct.25 – The central Bank of Albania (BoA) will set up new rules and regulations that the second level banks will have to abide by, according to the new legal framework

20 years ago

1 min read

Public sector pays better wages

Business & Economy

TIRANA, Oct.24 – INSTAT said there has been a 3.7 percent rise in average salaries of the state sector in the second quarter of 2006. The average salary is approximately $281. The

20 years ago

1 min read

Insurance companies on the rise

Business & Economy

TIRANA, Oct. 20 – Albanian insurers’ gross premium income through August was 2.81 billion leks. Ten insurers operating in Albania reported that figure which means an increase by one percent on the

20 years ago

2 mins read

Finance Ministry denies media claims about restricted financial leverage

Business & Economy

TIRANA, Oct. 25 – The Ministry of Finance released a press statement in order to dissipate unjustified concerns raised by the media related to the debt that the Albanian government can sustain.

20 years ago

1 min read

Rise in the money supply

Business & Economy

TIRANA, Oct. 24 – The M3 money supply has increased by 10.4 percent compared to last year. An increase of 3.1 percent was reported for August from the central Bank of Albania,

20 years ago

1 min read

Illegal activity cost government damage in revenues

Business & Economy

TIRANA, Oct. 25 – The State Supreme Audit Control (KLSh), the most authoritative government auditing structure, reported financial losses after diagnosing economic abuses from tax collecting authorities and customs offices. The customs

20 years ago

1 min read

Central Bottling Co. to handle marketing of Tuborg and Carlsberg

Business & Economy

TIRANA, Oct. 24 – The Central Bottling CO. will import two major foreign beers to Albania. The company has won the franchise to market Tuborg and Carlsberg beers produced in Romania. The

20 years ago

1 min read

The banking sector and the “One euro” initiative

Business & Economy

TIRANA, Oct.25 – Sources from the Prime Minister’s office have clarified that the banking sector is not subject of the “One euro” initiative. Furthermore, the initial capital requirement for foreign banks by

20 years ago

1 min read

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Business & Economy - Page 735

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

Danish company suspends work at the Durres port

Seven lots for the Kalimash – Morine road to be completed

BoA sells T-bids at higher yields in weekly auction

BoA to exert higher competencies in relation to commercial banks

Public sector pays better wages

Insurance companies on the rise

Finance Ministry denies media claims about restricted financial leverage

Rise in the money supply

Illegal activity cost government damage in revenues

Central Bottling Co. to handle marketing of Tuborg and Carlsberg

The banking sector and the “One euro” initiative

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