AlbanianEconomy.comYour News from Albania
Albanian insurance company, SIGMA, announced FY 2004 financial results
Tirana, April. 30 (AENews) – EUR3.2 million was the net profit during FY 2004 for the Albanian insurance company Sigma. “We have earned EUR1.5 million through our operations in Albania and EUR1.7 million through our branches in Kosova and FYROM”, CEO of SIGMA Qemal Disha told reporters.
Gallup and Mjaft help conduct Albania’s first election polls
TIRANA, April 29 (AENews) – In an effort to curb accusations of voters’ fraud by those who loose in the elections, Gallop International and Mjaft (Enough) Movement are cooperating to conduct surveys for the first time, ahead of this summer’s parliamentary election.
Albanian politics sign a code of conduct for parliamentary elections
Tirana, April 27 (AENews) – Under a proposal by the Albanian President Alfred Moisiu, Albanian political leaders signed on April 26 an code of conduct to impellent during their electoral campaigns for the general elections due to be in July 3.
Bankers Petroleum Albania
TIRANA, April 26 (AENews) – Production growth continues in the re-development program at the Patos-Marinza oilfield in Albania, with the first three weeks of April 2005 averaging 1,500 barrels of oil per day (bopd) up from March production of 1,350 bopd and 1,243 bopd in Q1, 2005.
Albanian TV Stations shopping for TV programs
TIRANA, April 26 (AENews) – DIGITALB and Top Channel in Albania acquired programming from both the National Geographic Television & Film and Docstar catalogues, – World Screen news services announced recently.
Berisha Re-elected Leader of Albania’s Main Opposition Party
TIRANA, April 24 (AENews) – Democratic Party (DP) leader, Sali Berisha was re-elected as leader of the major opposition party during the party congress Sunday (24 April) evening.
Profit hike for Albanian Power Corporation
TIRANA, April 25 (AENews) – Albanian Power Corporation (KESH) announced that revenues for 2004 had reached EUR219 million with net profits at EUR54.3 million.
Slovenians getting ready to penetrate in Albania
Tirana, April 22 (AENews) – A group composed by some of the biggest Slovenian companies, organised and supported by the Foreign Slovenian Ministry, visited Tirana, capital city of Albania, in an attempt to look at the possibilities for direct investments in this Balkan country where Slovenian companies have little presence.
Strong Lek lowers revenue for Albanian exporters
Tirana, April 4 (AENews) – Albanian exports are mainly supported by the competitive cost of labor. But this cost has increased as a result of the super-Lek during 2004.
Occidental Petroleum has signed contract to commercialize new oil well
Tirana, April 4 (AENews) – Occidental Petroleum has signed recently an additional contract with the Albanian government for the commercialization of the new crude oil well discovered two years ago at the Shpiragu mount, near the Berati city, 120 km south of the capital.
