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

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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.

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Kurum employs 100 more persons at the steel plant

ELBASAN, Aug. 7 – The Turkish steel company Kurum employed 100 more persons in the new plant of steel products opened recently. Managers said they would employ former workers of the big industrial mill who are now unemployed. The total

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Local products fulfill 60 percent of the fresh fruit market

TIRANA, Aug. 8 – Domestic production fulfils 60 percent of the local market demand for fresh fruits, according to the Ministry of Agriculture, Food and Consumer Protection. Fruit products have increased 2.1 percent compared to last year, covering some 130

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