TIRANA, Oct. 6 – Government of Albania awarded Friday a contract to international consortium, Bechtel-Enka, for the construction of the Rreshen – Kalimash motorway. Albania signed a 418 million euro contract with a U.S.-Turkish joint venture to build a four-lane
TIRANA, Oct. 9 – Government discussed Monday the 2007 budget presenting the priorities for the next year. The budget was in accordance with the government plan and program. “The budget has been compiled in complete fulfillment of the major priorities
TIRANA, Oct. 12 – The American Bank of Albania said Thursday the board was carefully considering offers from several large financial institutions interested in participating in their activity. ABA is owned by the Albanian-American Enterprise Fund (AAEF), a private, U.S.
TIRANA, Oct. 9 – Import of cigarettes in September saw a falling trend due to the increased excise tax starting this month. But the import for the nine months had an increase of 28 percent compared to the same period
TIRANA, Oct. 8 – The business association Konfindustria has made public its requests made to the government on the new, or next year’s fiscal package it has been prepared. Konfindustria said that it has carefully prepared and backs the requests
TIRANA, Oct. 12 – A World Bank mission, headed from chief economist Sanjay Kathuria, visited Albania to follow the progress made in the preparation of the new credit line on Development Policies. The new project will cover a program of
TIRANA, Oct. 10 – The Greek Company Titan Cement has filed an application to Albanian authorities to obtain a license to build a cement plant. Titan already exports cement to Albania and owns two cement plants in the neighboring countries
TIRANA, Oct. 11 – The central Bank of Albania announced Wednesday that it is to issue a new 2,000 lek banknote. There are now banknotes starting from 100 leks followed to 200, 500, 1,000 and 5,000 leks. The BoA said
TIRANA, Oct. 10 – The Ministry of Transport and Telecommunications said Tuesday that it would invest 308,661 leks to rehabilitate the two secondary or parallel segments alongside the highway Tirana-Durres up to the Vora town. The work has already started
TIRANA, Oct. 11 – The European Bank for Reconstruction and Development (EBRD) said Wednesday that it was considering funding between 14 million and 18 million euro to rehabilitate Albania’s largest port of Durres. “The proposed project will increase the capacity
