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Tuesday, February 28th, 2006
Tirana, Feb. 28 (AENews) – The Albanian Power Corporation (KESH) has already opened the bids in the tender for the purchase of electricity for a nine month period starting from 1 April 2006. KESH’s request was for 1436 GW/h and a budget of EUR 49.5 million.
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Saturday, February 25th, 2006
Tirana, Feb. 25 (AENews) – In 2005 Albanian exports grew by only 6%, marking thus the lowest level of growth since the crisis of 1997. There was zero growth for textiles and shoes which is the group that makes 60% of all exports.
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Friday, February 24th, 2006
Tirana, Feb. 24 (AENews) – On Wednesday, Prime Minister Sali Berisha told Albanian Parliament about the latest initiative of his government to provide emigrants with a 3-5 year tax exemption incentive to invest in Albania.
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Thursday, February 23rd, 2006
Tirana, Feb. 23 (AENews) – Albanian T-bonds yield rate fell to an historic low during Bank of Albania’s latest auction.
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Tuesday, February 21st, 2006
Tirana Feb. 21 (AENews) – Albanian Ministry of Finance signed today a “Memorandum of Understanding” on money laundering prevention with UNMIK, (UN administration of Kosova).
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Tuesday, February 21st, 2006
Tirana, Feb. 19 (AENews) – The European Commission President, Jose Manuel Barroso signed on Friday (Feb. 17) in Tirana the Stabilization and Association Agreement (SAA) with Albania, meanwhile conveying to the Albanian authorities the idea that this step should be viewed as ‘another compromise’.
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Banking & Finance
Tuesday, February 21st, 2006
Tirana, Feb. 21 (AE) – Central Bank of Albania (BoA) announced recently that rapid growth of lending during the second quarter of 2005 could result in worsening loan portfolios.
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Thursday, February 16th, 2006
Tirana, Feb. 16 (AENews) – Albanian companies from Albania and Kosova were very active during the last tender organized by the Kosova Trust Agency (KTA) for the sale of the Beer factory “Birra Peja” and Grand Hotel, the KTA announced.
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Thursday, February 16th, 2006
Tirana, Feb. 16 (AENews) – During 2005, the Albanian banking system increased for the first time the shareholders equity ratio resulting in growing levels compared to total assets levels.
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Thursday, February 16th, 2006
Tirana, Feb. 15 (AENews) – The Albanian fixed line telephony Albtelecom announced that during 2005 revenues had grown by 3.7%, reaching LEK 13.3 billion (USD 128 million, EUR 108.4 million).