Albteelcom collects $27 million of delayed payments

TIRANA, Aug. 6 – During the first half this year Albtelecom collected some $27 million and some 1.1 million euro of delayed payments from international operators like Telecom Italia, AT&T, Franc롔elecom, British Telecom, Deutche telecom, Swiss telecom, Sllovenia Telecom, PT

Read Full Article

Albania toward a new gas project

TIRANA, Aug. 8 – Vice Minister of trade, Economy and Industry Gjergj Bojaxhi said that Albania may be in the prospects of turning into a transit point for many gas projects to take it toward western Europe due to is

Read Full Article

New rubbish processing plant to be installed in Tirana

TIRANA, Aug. 8 – Vice Minister of Environment Aleksander Garuli said that a new implant to process the capital’s rubbish in the suburbs in Sharra will start to be built by the end of the year following the ratification of

Read Full Article

U.S. dollar reaches lowest level to Albanian lek in 12 years

TIRANA, Aug. 8 – The U.S. dollar reached Tuesday the lowest rate with the lek in the last 12 years with 95 leks per one dollar. The same rate has been seen in Albania in 1994, according to the central

Read Full Article

Government to open international tender for Fier -Vlora road segment, more road rehabilitation

TIRANA, Aug. 9 – The government decided Wednesday to launch a 50 million euro international tender in the next days for the rehabilitation of the Fier-Vlora road segment. The bidding winner will be declared in 60 days. “That has been

Read Full Article

Albanian Retailer Euromax Gets 8.0 Mln Euro EBRD Loan to Finance Expansion

TIRANA, Aug. 4 – The European Bank for Reconstruction and Development (EBRD) has lent eight million euro ($10.3 million) to private Albanian retailer Euromax to back its expansion plans, the EBRD said on Friday. “The loan will shortly be followed

Read Full Article

President decrees new supplementary budget

TIRANA, Aug. 7 – Albanian President Alfred Moisiu decreed Monday the new supplementary budget approved from the government and parliament in July.

Read Full Article