Posted by admin
Business, Economy
Friday, November 28th, 2008
The European Bank for Reconstruction and Development will invest in Albania’s only paper firm to help it produce recycled paper and set up waste paper recycling networks.
Posted by editor
Economy, General News, Invest-Inform
Tuesday, November 25th, 2008
Tirana, 25 Nov. 2008 – Albania’s Foreign Minister Lulzim Basha has been charged with abuse of power over alleged irregularities and misuse of public funds in the construction of the Albania-Kosovo highway.
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Business, Economy, General News, Invest-Inform, Politics
Monday, November 24th, 2008
Italian Premier Silvio Berlusconi will visit Tirana on December 2, in a bid to seal the Albanian government’s approval for the construction of two coal-fired power plants. Local authorities approved last week the construction of a large energy park in the Porto Romano area, close to the port city of Durres.
Posted by admin
Business, Economy, Invest-Inform
Saturday, November 22nd, 2008
IFC, a member of the World Bank Group, has agreed to provide €29.4 million in financing to Antea Cement to help the company build and operate a cement plant in Albania that would result in the creation of about 800 direct and indirect jobs while promoting the development of housing and infrastructure.
Posted by admin
Economy, Politics, Region
Friday, November 21st, 2008
Macedonia plans to invest up to €4 billion in infrastructure projects over the next few years, safeguarding jobs that might otherwise be lost in the turmoil of the global financial crisis, the country’s Economy Minister said on Thursday
Posted by admin
Region
Friday, November 21st, 2008
Macedonia’s flagship stock index dropped almost 7.9 percent in early trading on Friday, leading bourse authorities to impose daily trading limits of up/down 5.0 percent for the second time since the global financial crisis broke out in October
Posted by admin
Business, Economy
Friday, November 21st, 2008
Greek cement and building materials producer Titan announces that it signed a contract with the IFC (International Finance Corporation) and the EBRD (European Bank for Reconstruction and Development) for their participation with both equity and debt financing in its subsidiary Antea Cement Sh. A. in Albania.
Posted by editor
Economy, General News
Thursday, November 20th, 2008
Tirana, Nov. 20, 2008 (AENews) – The Albanian government approved on Wednesday two different projects that intend to build electricity interconnection lines between Albania and Italy.
Posted by editor
General News
Thursday, November 20th, 2008
Tirana, Nov. 20, 2008 (AENews) – Italian ambassador in Tirana Saba D’Elia, said on Thursday that “between Albania and Italy there is a goodwill for the development of nuclear plants but there are not real projects under discussion,” dismissing voices from the Albanian government pushing for such projects.
Posted by editor
Banking & Finance, Economy, General News
Thursday, November 20th, 2008
Tirana, Nov. 20, 2008 (AENews) – The global financial Crises will have little effect on Albania, said the Minister of Economy Genc Ruli on Thursday, adding that his government was planning large investments in the energy field.