Business & Economy - Page 738

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

9 hours 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

Government focuses on economic issues

Business & Economy

TIRANA, Oct. 18 – The last government meeting focused on economic issues. Prime Minister Berisha spoke at length on the recent issue of the public procurements and the necessary measures to effectively

20 years ago

1 min read

Minister of the Economy predicts short term losses from SAA

Business & Economy

TIRANA, Oct. 18 – Economy, Energy and Industry Minister Genc Ruli said that the lowering of the customs fees according to the Stabilization and Association Agreement (SAA) would cost the government 20-25

20 years ago

1 min read

Foreign trade increases significantly

Business & Economy

DURRES, Oct. 18 – Durres port reported an 11 percent increase in the cargo figures for the first months of 2006 as compared to the year before. The number of passengers transiting

20 years ago

1 min read

BoA auctions 3-month Treasury bills

Business & Economy

TIRANA, Oct. 17 – The central Bank of Albania organized Tuesday an auction for the sale of 3-month treasury bills with a cumulative offer of 4.5 billion lek ($45.7 million/36.5 million euro).

20 years ago

1 min read

Italian, Greek banks interested in ABA

Business & Economy

TIRANA, Oct.19 – Albanian and foreign media reporeted this week the interested expressed from Italian and Greek banks to buy or merge with the American Bank of Albania. Gazeta Shqiptare reported that

20 years ago

1 min read

Albania to have an interconnection power line with Kosova

Business & Economy

TIRANA, Oct.17 – A power line with the capacity of 400 kW will be built based on the last memorandum of understanding between Albania and Kosova. Kosova’s energy ministry has already published

20 years ago

1 min read

KESH to tender for 2006 energy purchase

Business & Economy

TIRANA, Oct. 18 – The state run electricity corporation KESH has announced it will launch an itnernationa tender to buy 162.8 million euro of electric energy. That corresponds roughly to 2,206 million

20 years ago

1 min read

HOCHTIEF AirPort Partners funds school reconstruction

Business & Economy

RINAS, Oct.18 – HOCHTIEF Airport company organzied a ceremoy Wednesday to celebrate the completion of the renovation of a local school near the Rinas Airport. HOCHTIEF collaborated with the Albanian-American Enterprise Fund,

20 years ago

1 min read

National Conference of the Water Supply and Sewerage Association of Albania

Business & Economy

TIRANA, Oct. 18 – The Water Supply and Sewerage Association of Albania started Wednesday the annual national conference with the participation of top government officials, including Prime Minister Sali Berisha. An exhibition

20 years ago

1 min read

Reaching Eastwards: a direct line to Moscow

Business & Economy

TIRANA, Oct.14 – The Russian air company AEROFLOT will consider the possibility of providing a direct flight from Tirana to Moscow. The project is part of a bigger strategy of economic interaction

20 years ago

1 min read

INSIG to be privatized next year

Business & Economy

TIRANA, Oct. 19 – Deputy Finance Minister Shefredin Shehu said that privatization of INSIG, the state owned insurance company, would be completed next year. INSIG operates in Albania but also in Macedonia,

20 years ago

1 min read

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Business & Economy - Page 738

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

Government focuses on economic issues

Minister of the Economy predicts short term losses from SAA

Foreign trade increases significantly

BoA auctions 3-month Treasury bills

Italian, Greek banks interested in ABA

Albania to have an interconnection power line with Kosova

KESH to tender for 2006 energy purchase

HOCHTIEF AirPort Partners funds school reconstruction

National Conference of the Water Supply and Sewerage Association of Albania

Reaching Eastwards: a direct line to Moscow

INSIG to be privatized next year

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