Category Archives: Albania

Press Releases & News from Albania distributed via EuropaWire

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EIB Global Grants €1 Million for Tirana’s Water Distribution Improvement

(IN BRIEF) EIB Global, the European Investment Bank’s arm for activities outside the EU, has allocated a €1 million technical assistance grant to aid the Tirana municipality in enhancing its water distribution network. The grant will support a project aimed … Read the full press release

Corporate Heroes: Businesses Rally to Support Ukraine Amidst Geopolitical Turmoil

(IN BRIEF) Despite the ongoing conflict in Ukraine and geopolitical uncertainties, numerous companies from both Ukraine and around the world have demonstrated remarkable support by offering financial, material, and essential resources to aid the Ukrainian government and its people. This … Read the full press release

EIB Prioritizes Green and Digital Transition in Western Balkans at Berlin Summit

(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release

EBRD Supports Albania’s Agribusiness and Tourism Sectors with €2 Million Loan to Union Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €2 million to Union Bank to bolster financing in Albania’s agribusiness and tourism sectors, essential for the country’s economic growth. Union Bank becomes … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

La BERD accorde un prêt de 29 millions d’euros pour développer la première grande centrale solaire photovoltaïque d’Albanie

(ACTUALITÉ EN BREF) La Banque européenne pour la reconstruction et le développement (BERD) a accordé un prêt de 29 millions d’euros à un véhicule ad hoc appartenant au français Voltalia pour développer la centrale solaire de 140 MW de Karavasta … Read the full press release

EBRD provides €29m loan to develop Albania’s first major solar photovoltaic plant

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €29 million loan to a special-purpose vehicle owned by France’s Voltalia to develop the 140 MW Karavasta solar plant in Albania. The project marks Albania’s first major … Read the full press release

Albania lanza licitación por 300MW de energía solar como parte de la subasta de energía renovable del BERD

(NOTICIA EN BREVE) El gobierno albanés, como parte del programa de Subastas de Energía Renovable del Banco Europeo para la Reconstrucción y el Desarrollo (BERD), lanzará una licitación por 300 MW de energía solar, con el objetivo de agregar al … Read the full press release

Albania Launches Tender for 300MW Solar Power as Part of EBRD Renewable Energy Auction

(IN BRIEF) The Albanian government, as part of the European Bank for Reconstruction and Development’s (EBRD) Renewable Energy Auction program, is set to launch a tender for 300 MW of solar power, with the goal of adding at least 1 … Read the full press release

Eco Rating, the new labelling scheme that rates the environmental impact of new smartphones, sees more manufacturers joining its scheme and expands globally

Consumer mobile phone labelling scheme launched in 24 European countries by Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone now set to expand globally Fairphone, Realme and vivo join Eco Rating, now 15 manufacturers in total More than 150 mobile … Read the full press release

Statkraft’s Banja Floating Solar project in Albania starts generating renewable energy

(PRESS RELEASE) OLSO, 3-Jun-2021 — /EuropaWire/ — Generator of renewable energy, as well as Norway’s largest and the Nordic region’s third largest energy producer, Statkraft and Norwegian supplier Ocean Sun, announce the start of commercial operations at the first unit … Read the full press release

Societe Generale to sell its majority stake in Societe Generale Expressbank (Bulgaria) and Societe Generale Albania to OTP Bank

Societe Generale has entered into an agreement to sell its majority stake in Societe Generale Expressbank (Bulgaria) to OTP Bank. The closing of the transaction is expected to take place in the coming months, subject to receipt of clearances from … Read the full press release

Coface: EU accession of Western Balkans likely to happen as it would counterbalance influence of Russia and China in the region

Bois-Colombes, France, 15-May-2018 — /EuropaWire/ — The European Union – Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists … Read the full press release

Informal Sector Poses Biggest Challenge to Economic Growth of Western Balkans

Grey economy, politics, taxes and electricity named as obstacles to business LONDON, 07-Mar-2017 — /EuropaWire/ — Countries in the Western Balkans have strong growth potential, which can be realised with the right investment and a better business environment. But life … Read the full press release

Société Générale Albania and EBRD partner to support local farmers and agribusiness companies in Albania

Local farmers and agribusiness companies to benefit from fresh funds LONDON, 12-Jan-2017 — /EuropaWire/ — Société Générale Albania and EBRD are joining forces to increase local farmers’ and agribusiness companies’ access to finance, especially in remote regions of the country. The … Read the full press release

OSCE Presence in Albania, Minister Bledar Çuçi and EBRD launch new initiative to support anti-corruption measures in Albania

LONDON, 19-12-2014 — /EuropaWire/ — The OSCE Presence in Albania, in co-operation with the Minister of State for Local Issues/National Co-ordinator against Corruption, Bledar Çuçi, launched in Tirana today a new initiative to support anti-corruption measures in Albania. The € … Read the full press release

EBRD takes part in the upgrade of Komani hydro power plant in Albania

Komani, Albania’s most important hydropower power plant, undergoes a safety makeover with EBRD funding LONDON, 30-10-2014 — /EuropaWire/ — The most important source of electricity in Albania is the Komani hydro power plant in the mountains of the Puka region. … Read the full press release

EBRD launched new €75M Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) to support energy conservation in the region

London, UK, 24-10-2013 — /EuropaWire/ — The EBRD is launching the new Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) to support efforts towards the improved use and conservation of energy in the region. The facility is combining necessary longer-term financing … Read the full press release

EBRD lends €10 million to Albania’s Credins Bank Sh.A. for SMEs and trade financing

For on-lending to local SMEs and trade financing 28-8-2013 — /EuropaWire/ — The EBRD is providing Albania’s Credins Bank Sh.A. with €10 million in loans for on-lending to local small and medium-sized enterprises and supporting trade finance solutions for clients of the … Read the full press release

EC welcomed Shah Deniz II Consortium’s decision on Trans-Adriatic Pipeline (TAP) as the European route of the Southern Gas Corridor

28-6-2013 — /europawire.eu/ — The European Commission welcomed today’s final selection of the pipeline delivering Azeri gas to Europe. The Consortium of the Shah Deniz II gas field, who holds the license for exploiting the 16 bcm/year gas reserves, has chosen … Read the full press release

Hellenic Telecommunications Organization SA 2013 1Q Results Under IFRS

Net income at €167.5mn, up 5% excl. capital gains Adjusted Net operating cash flow up 7% to €261mn –       Further reduction in net debt, at 1.7x trailing 12M EBITDA EBITDA margin stable at 35.4% Total operating expenses excl. D&A and … Read the full press release

EU invests €272.75m in the Western Balkans to help regional cooperation

Brussels, 28-3-2013 — /europawire.eu/ — The European Commission has finalised a series of measures to promote regional cooperation between Western Balkan countries totalling €272.75 million for the period 2012-2013. “These funds are good news as regional cooperation is a central element of … Read the full press release

Štefan Füle, European Commissioner for Enlargement and Neighbourhood Policy, Addresses EU-Albania Relations

Just BE Conference / Tirana, Albania, 25-3-2013 — /europawire.eu/ — Dear Minister, Excellencies, Members of Parliament, Dear Friends, Thank you for this opportunity, I like the way that we developed this interactive discussion among ourselves. At the beginning I´ll make six important … Read the full press release

EU-Albania: Elections will be crucial test of democracy

Brussels, 27-2-2013 — /europawire.eu/ — Brussels (25th February) – Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle met Chairman of the Socialist Movement for Integration Ilir META in Brussels today to exchange views on the follow-up to the Council Conclusions from … Read the full press release

The ČEZ Group Initiated International Arbitration Procedures Against Albania

19-2-2013 — /europawire.eu/ — Today (7. 2. 2013), ČEZ has officially informed the Albanian Government about its intention to initiate international arbitration. The ground is the non-protected investment in the power distribution company of CEZ Shpërndarje. The ČEZ Group expects to receive … Read the full press release

Commissioner Oettinger welcomes the signature of the intergovernmental agreement on TAP

Brussels, 14-2-2013 — /europawire.eu/ — EU Energy Commissioner Günther Oettinger welcomed today’s signature of a tri-lateral intergovernmental agreement (IGA) as an essential step in the preparation of the Trans-Adriatic Pipeline project (TAP). TAP is an important gas pipeline between Italy, Albania and Greece with a … Read the full press release

Albania: EU consensus needs to be translated into actions

Tirana, 4-2-2013 — /europawire.eu/ — Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle visited Albania today to discuss the follow-up to the Council Conclusions from last December. During his stay in Tirana he held meetings with President Bujar Nishani, Prime Minister … Read the full press release

Albania: yes to EU candidate status but under certain conditions

13-12-2012 — /europawire.eu/ — Albania should be granted EU candidate status without delay, provided it delivers key reforms in the judiciary, public administration and the functioning of parliament, MEPs said in a vote on Thursday. “We must provide incentives for Albania … Read the full press release

EU to invest €81 million to support key reforms in Albania

Brussels, 13-11-2012 — /europawire.eu/ — Albanian citizens are to benefit from the EU’s renewed financial support to the country’s reform efforts. The funds will be used to address key priorities such as the reform of the judiciary, fight against organised crime, and … Read the full press release

Statement by the spokesperson of EU High Representative Catherine Ashton on the next meeting in the framework of the EU-facilitated dialogue

Brussels, 6-11-2012 — /europawire.eu/ — The spokesperson of Catherine Ashton, High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission, issued the following statement today: “High Representative Catherine Ashton has invited Prime Minister Dačić and Prime … Read the full press release