Business & Economy - Page 749

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

20 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

Albania seeks $45 Mln World Bank loan to build enbankments, dikes

Business & Economy

TIRANA, Aug. 24 – Albania would ask the World Bank to give a $45 million loan to improve its existing embankment and dike systems and build new ones, according the Agriculture Ministry.

20 years ago

1 min read

Bank of Albania on inflation

Business & Economy

TIRANA, Aug. 20 – The central bank of Albania said Wednesday that annual inflation in July was 3.2 percent, considered as the highest norm this year, or two times more than the

20 years ago

1 min read

Lockheed Martin signs deal to modernize Albania’s coastal surveillance system

Business & Economy

TIRANA, Aug. 22 – The US firm Lockheed Martin signed a $17 million deal on Tuesday to build Albania’s maritime surveillance system. The U.S.-based company will install command and sensor centers with

20 years ago

2 mins read

OSCE to assist Albania’s property restitution process

Business & Economy

TIRANA, Aug. 22 – Shaban Memia of the property restitution agency met with Pavel Vacek, head of the Organization for Security and Cooperation in Europe, who promised further support in the project.

20 years ago

1 min read

No commerce to enter Albania without labels in the local language

Business & Economy

TIRANA, Aug. 23 – Albanian authorities warned businessmen they would not allow any goods to enter the country unless it has the label written in the Albanian language, the Agriculture Ministry said.

20 years ago

1 min read

Poultry of Albanian company blocked in Germany

Business & Economy

TIRANA, Aug. 24 – The Agriculture Ministry said Thursday that 25 tons of poultry owned by a Fieri-based company were blocked in Hamburg, Germany for not respecting the healthy standards. The poultry

20 years ago

1 min read

Some 1.7 billion leks abused from public institutions

Business & Economy

TIRANA, Aug. 25 – Internal audit made by the Finance Ministry showed that some 1.7 billion leks of public funds have been abused from the public institutions during the first half this

20 years ago

1 min read

Albania – a small market with high fuel prices

Business & Economy

TIRANA, Aug. 29 – Albania is expected to increase its demand for fuel by 42 percent in 2005, according to experts. That follows the growth of the GDP in the country. The

20 years ago

2 mins read

Vineyards to have $9.2 million in 2007

Business & Economy

TIRANA, Aug. 28 – Vineyards in 2007 will have $9.2 million to spend on the increase of their products and development, according to the budget of the Ministry of Agriculture. The ministry

20 years ago

1 min read

Bank of Albania approves sale of 11.25% EBRD stake in ProCredit Bank

Business & Economy

TIRANA, Aug. 30 – Central Bank of Albania said Wednesday that it had approved the sale of a 11.25 percent stake of the European Bank for Reconstruction and Development (EBRD) to the

20 years ago

1 min read

Work starts in Kukes-Morine road segments

Business & Economy

KUKES, Aug. 28 – Companies that have won the tender to rehabilitate road segments in the Kukes-Morine part have already started work there. Albanian companies “Gjoka konstruksion”, “ANK”, “Viktoria invest”, “Kastrati –

20 years ago

1 min read

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Business & Economy - Page 749

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 seeks $45 Mln World Bank loan to build enbankments, dikes

Bank of Albania on inflation

Lockheed Martin signs deal to modernize Albania’s coastal surveillance system

OSCE to assist Albania’s property restitution process

No commerce to enter Albania without labels in the local language

Poultry of Albanian company blocked in Germany

Some 1.7 billion leks abused from public institutions

Albania – a small market with high fuel prices

Vineyards to have $9.2 million in 2007

Bank of Albania approves sale of 11.25% EBRD stake in ProCredit Bank

Work starts in Kukes-Morine road segments

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