TIRANA, May 24 – The financial crisis Greece has been experiencing during the past two years has caused many Albanian migrants, mainly from southern Albania, to return home and open their own businesses in Albania. Sources from the Gjirokastra Chamber of Commerce and Industry say some 48 new businesses have opened in the Gjirokastra region during the past 17 months– mainly by former migrants to Greece who returned to home after losing jobs and being unable to find new ones. Sources said that 25 of the businesses opened during the first five months of this year mainly operating in the production sector. Many of the businesses operate in garment and footwear production, where increased interest has been reported by domestic and foreign investors following a government decision to remove the 12.5 percent customs duty for this sector earlier this year.
Migrants return home to open businesses in Gjirokastra
Change font size:
Recommended Articles
Latest from Business & Economy
Albania’s Missing Generation: A Country Losing Its Future Before 2050
Change font size: - + Reset Tirana Times, June 22, 2026 – Albania is no longer facing a normal demographic decline. It is facing the possible disappearance of the very generation on
1 day ago
6 mins read
OTP Bank Albania inaugurates new Private Banking premises in Tirana
Change font size: - + Reset Tirana Times, May 18, 2026 – OTP Bank Albania has inaugurated new premises dedicated to the Private Banking segment, unveiling an exclusive space designed for clients
1 month ago
2 mins read
Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage
Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
3 months ago
7 mins read
Behind Albania’s Collapsing Roads: Clientelism and Corruption
Change font size: - + Reset Tirana Times, February 12 2026 – The rapid deterioration of newly inaugurated roads and tunnels across Albania has exposed far more than technical shortcomings. What authorities
4 months ago
4 mins read
The Kurum Case and the Collapse of Environmental Oversight in Albania
Change font size: - + Reset Tirana Times, 08 February 2026 – The Kurum waste file has exposed one of the most serious environmental and governance scandals in Albania in recent years,
4 months ago
5 mins read