Business & Economy - Page 751

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

4 hours 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

3 weeks ago

4 mins read

Business & Economy·Western Balkans

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Albania’s Concrete Economy: How Construction Became the Country’s Dominant Growth Model Tirana Times, July 10, 2026 – A booming construction sector has made Albania an outlier in Europe, but behind the cranes

2 months ago

7 mins read

Bankers Petroleum increases production, profit in Albania

Business & Economy

Tirana, Aug. 14 – According to a news statement Monday from the Bankers Petroleum Ltd., the company has achieved better results during Q2 in Albania. In a report issued Monday the BP

20 years ago

10 mins read

ProCredit Bank hikes deposit interest rates

Business & Economy

TIRANA, Aug. 16 – ProCredit Bank increased the interest rates for the U.S. dollar and Euro deposits in an effort to attract more persons bring their money. The bank saves money with

20 years ago

1 min read

Albanian C-Bank To Rule on Sale of 11.25% EBRD Stake in ProCredit Bank

Business & Economy

TIRANA, Aug. 16 – Albania’s central bank said on Wednesday it had received a request from the local unit of international banking group ProCredit on the sale of a 11.25% stake owned

20 years ago

2 mins read

Business in Brief

Business & Economy

Albtelecom lowers call tariffs to mobile operators TIRANA, Aug. 16 – Albtelecom announced Wednesday that starting September 1 call tariffs from fixed lines to mobile operators would lower by 12 leks per

20 years ago

2 mins read

American company chosen to build Rreshen-Kalimash road segment

Business & Economy

TIRANA, Aug. 4 – An international commission chose the U.S. company Bechtel to build the Rreshen-Kalimash road segment, part of the Durres-Kukes-Morine highway. Bechtel offered the best offer out of four contenders.

20 years ago

2 mins read

Albanian Insurers’ H1 Premium Income Down 1.62% Y/Y to 15.6 Mln Euro

Business & Economy

TIRANA, Aug. 5 – Albanian insurers’ gross premium income in the first half of the current year fell 1.62% on the year to 1.91 billion leks ($20 million/15.6 million euro), as falling

20 years ago

1 min read

Government passes plan for Mount Dajti, other decisions

Business & Economy

TIRANA, Aug. 5 – The Albanian government passed a master plan for the Dajti commune to try to create a better environment in the mountain resort. Prime Minister Sali Berisha said that

20 years ago

1 min read

Albania toward a new gas project

Business & Economy

TIRANA, Aug. 8 – Vice Minister of trade, Economy and Industry Gjergj Bojaxhi said that Albania may be in the prospects of turning into a transit point for many gas projects to

20 years ago

1 min read

U.S. dollar reaches lowest level to Albanian lek in 12 years

Business & Economy

TIRANA, Aug. 8 – The U.S. dollar reached Tuesday the lowest rate with the lek in the last 12 years with 95 leks per one dollar. The same rate has been seen

20 years ago

1 min read

Government to open international tender for Fier -Vlora road segment, more road rehabilitation

Business & Economy

TIRANA, Aug. 9 – The government decided Wednesday to launch a 50 million euro international tender in the next days for the rehabilitation of the Fier-Vlora road segment. The bidding winner will

20 years ago

1 min read

Albanian Retailer Euromax Gets 8.0 Mln Euro EBRD Loan to Finance Expansion

Business & Economy

TIRANA, Aug. 4 – The European Bank for Reconstruction and Development (EBRD) has lent eight million euro ($10.3 million) to private Albanian retailer Euromax to back its expansion plans, the EBRD said

20 years ago

1 min read

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Business & Economy - Page 751

Albania’s Cash Boom Raises Money Laundering Concerns

Vlora Airport Heads to Arbitration

Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model

Bankers Petroleum increases production, profit in Albania

ProCredit Bank hikes deposit interest rates

Albanian C-Bank To Rule on Sale of 11.25% EBRD Stake in ProCredit Bank

Business in Brief

American company chosen to build Rreshen-Kalimash road segment

Albanian Insurers’ H1 Premium Income Down 1.62% Y/Y to 15.6 Mln Euro

Government passes plan for Mount Dajti, other decisions

Albania toward a new gas project

U.S. dollar reaches lowest level to Albanian lek in 12 years

Government to open international tender for Fier -Vlora road segment, more road rehabilitation

Albanian Retailer Euromax Gets 8.0 Mln Euro EBRD Loan to Finance Expansion

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