Business & Economy - Page 75

Albania’s Currency Exchanges Tied to Drug Money Laundering

By Tirana Times Staff TIRANA, Albania,October 16,2025. Behind brightly lit kiosks advertising euros, dollars and pounds, prosecutors say a hidden financial system is moving millions in illicit cash for some of Albania’s

3 months ago

3 mins read

Business & Economy

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals Slip

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals SlipTirana, September 26, 2025 — By Tirana Times Staff Albania’s summer tourism season ended on a stronger note in August, with a surge

4 months ago

3 mins read

Business & Economy·Headline

Bankers Petroleum Threatens Arbitration Amid Fraud Probe in Albania

By Tirana Times | July 23, 2025 Albania’s most lucrative oilfield has become the epicenter of what could be the country’s most consequential investor-state confrontation to date, after Bankers Petroleum — its

6 months ago

5 mins read

Alleged airport concessionaire’s abusive charges under probe

Business & Economy·Main·Premium

TIRANA, July 23 – The Albanian government is looking for a consultant to carry out a review of the concession contract it has with the Tirana International Airport, the country’s sole airport

7 years ago

8 mins read

Credit to private sector recovers when corrected for exchange rate, NPL effects

Business & Economy

TIRANA, July 19 – Credit to Albania’s private sector was officially below zero in the first five months of this year, but Albania’s central bank says lending grew by an annual of

7 years ago

3 mins read

Insurers lobby to make private pension insurance compulsory

Business & Economy

TIRANA, July 19 – Albanian insurers are lobbying to channel a portion of the mandatory social security contributions to the country’s nascent private pension funds under a new system already applied in

7 years ago

5 mins read

Albania plans to diversify electricity generation with floating solar power plants

Business & Economy

TIRANA, July 19 – Albania’s state-run power utility KESH says it is planning to build the country’s first floating solar power plant on the northern Drin River cascade where it generates about

7 years ago

3 mins read

More Albania restaurants adopt farm-to-table approach as agritourism gains upper hand

Business & Economy

TIRANA, July 17 – When Altin Prenga decided to leave Italy after a decade as a migrant there and start a small family-run restaurant in his native village of Fishte, northern Albania,

7 years ago

7 mins read

Energy, low base effect wane euro free fall effect on Albania’s exports

Business & Economy

TIRANA, July 17 – Albania’s exports officially grew by double digits in the first half of this year, seemingly defying the negative effects from the sharp strengthening of Albanian’s national currency against

7 years ago

4 mins read

Albania private-run HPPs suffer drought triggered double-digit decline in income

Business & Economy

TIRANA, July 17 – Private and concession hydropower plants operating in the country saw their income drop by double-digits in 2017 when a prolonged drought almost paralyzed the country’s wholly hydro-dependent domestic

8 years ago

3 mins read

Big Albanian companies dominate €1 billion PPP contracts so far

Business & Economy

TIRANA, July 16 – Another Albanian company has won a major project as part of the Albanian government’s ambitious but controversial €1 billion public private partnership program for the next four years

8 years ago

8 mins read

Vienna Institute downgrades Albania’s 2018 outlook on ‘unprecedented’ currency appreciation

Business & Economy·Premium

TIRANA, July 16 – The Vienna Institute for International Economic Studies has slightly revised downward Albania’s 2018 economic outlook, citing an ‘unprecedented appreciation’ of Albania’s national currency against Europe’s single currency. In

8 years ago

5 mins read

Hundreds of tourism businesses fined for tax evasion

Business & Economy

TIRANA, July 12 – Albanian tax inspectors have identified hundreds of businesses operating informally in coastal areas, including unlicensed hotels or bars or restaurants not issuing tax receipts. Authorities say they fined

8 years ago

1 min read

Albania climbs 10 spots to rank 83rd globally in innovation

Business & Economy

TIRANA, July 11 – Albania climbed 10 places to rank 83rd among 126 economies in the 2018 Global Innovation Index, but yet lagging behind some of its key regional competitors. The report

8 years ago

3 mins read

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Business & Economy - Page 75

Albania’s Currency Exchanges Tied to Drug Money Laundering

Kosovo Visitors Drive Summer Tourism Surge as Italian Arrivals Slip

Bankers Petroleum Threatens Arbitration Amid Fraud Probe in Albania

Alleged airport concessionaire’s abusive charges under probe

Credit to private sector recovers when corrected for exchange rate, NPL effects

Insurers lobby to make private pension insurance compulsory

Albania plans to diversify electricity generation with floating solar power plants

More Albania restaurants adopt farm-to-table approach as agritourism gains upper hand

Energy, low base effect wane euro free fall effect on Albania’s exports

Albania private-run HPPs suffer drought triggered double-digit decline in income

Big Albanian companies dominate €1 billion PPP contracts so far

Vienna Institute downgrades Albania’s 2018 outlook on ‘unprecedented’ currency appreciation

Hundreds of tourism businesses fined for tax evasion

Albania climbs 10 spots to rank 83rd globally in innovation

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Albanian saw quality of life stagnate as rest of region improved, according to EBRD report

Ryanair unveils expansion plans and new routes from Tirana International Airport

Reflecting renewed emigration wave, remittances to Albania reached record high in 2023

EU agriculture funds for Albania suspended indefinitely following misuse investigation, ministry tells parliament

Emigration is top economic risk to Albania, says EBRD head

Tourism boom not translating into into higher overall consumption, data shows

Albania signs long-awaited social insurance deal with Italy

Albania signs €1bn deal with Italy and UAE on renewable energy, new undersea connection

Albania’s sovereign credit rating upgraded by major int’l agency

A Rising Tide Lifts Empty Boats

Albania Under Water: A Return to a Hobbesian State of Nature

Housing Boom Prices Out Albanians

Albania 2026: Power Under Investigation