FIAA Albania

24+ Years in Albania

Your Partner
for Sustainable Development
 in Albania

E-Newsletter 2024, Issue I

April 2024


Dear Reader,

With the trust that you are all doing well, we are glad to share with you our Electronic Newsletter, reflecting different actions taken by FIAA Members, as well as views, insights and approaches towards the business climate during December 2023 -March 2024! 

Wishing you all a very nice spring season! 

This information is also available on our website:


Albania’s rising importance in the renewable energy field highlighted in FIAA’s energy conference

FIAA is proud to have completed a very successful second edition of its flagship energy conference, which this year was again organized in collaboration with the Ministry for Energy and Infrastructure and focused on the topic Energy Transition Toward the Green Agenda. Two hundred participants attended the event which gathered experts from many European countries to discuss on relevant energy issues related to Albania and the Western Balkans...Read more

FIAA starts the Spring season with a new President and a highly motivated Board

The new President and four Board Members were elected in February 29th in the Annual Assembly of the association. FIAA congratulates and welcomes Mr. Balazs Revesz, CEO of Vodafone Albania, as a new Board Member and its new President, Mr. Mirsad Haliti, Member of the Management Board of Procredit Bank Albania as a new Board Member and is glad to have reconfirmed for a further mandate as Board Members Mr. Diego Pisa, CEO of Teleperformance Albania and Mr. Sokol Elmazaj, Partner at Boga & Associates...Read more

FIAA holds its traditional event “Wishes for a Prosperous Business Year 2024”

The Foreign Investors Association of Albania (FIAA) held in January 31st its yearly traditional event, a celebration which gathered the Foreign Business Community in Albania, the highest Diplomatic representatives along with key institutions in the country. The Event was greeted by H.E Mr. Silvio Gonzato, Ambassador of the European Union Delegation to Albania, Mr. Ervin Mete Minister of Finance of Albania, Mrs. Delina Ibrahimaj, State Minister of Entrepreneurship and Business Climate...Read more

Meeting of FIAA’s Energy Council

FIAA’s Energy Council under the leadership of Constantin von Alvensleben met in February 6th  to catch up and discuss on the concerns and challenges still present in the industry. The members agreed on a work plan and learned on the potential events planned to take place throughout the year...Read more

Business Environment Insights

Meeting of FIAA’s Tax Committee and Double Taxation Draft Law

FIAA Tax Committee members, under the leadership of Mrs. Alba Paparisto, during the monthly meeting of February had in its focus some of the main issues which are hampering the business operations. The committee agreed on collecting a list of top ten issues that need to be addressed at the government ...Read more

Inauguration of the “Business House”

Following the meeting of the revitalized National Economic Council, the inauguration of the “Business House”, a physical space – one of the cubes at the recently revitalized Pyramid building, took place in presence of Prime Minister Rama...Read more

EBRD signs Railway Project connecting Albania with Montenegro

On the margins of the EBRD Western Balkans Investment Summit in 26th of February, EBRD President Odile Renaud-Basso signed the railway project connecting Albania with Montenegro. While sharing her enthusiasm about this newly approved project, she emphasized the need for further regional integration and shared what in her view are the top priorities for the Western Balkans country, namely green transition, improvement of standards of public governance, and more openness to trade and investment...Read more

Colliers certifies the first BREEAM Excellent Building in Albania

FIAA’s member, Colliers has announced the prestigious achievement of Park Avenue Tower being awarded the first BREEAM green certification in Albania, achieving an Excellent rating by BRE, the British Institute renowned for its stringent standards in commercial building sustainability... Read more

Vodafone Albania Wins Fastest Mobile Network Award!

Thrilled to share that Vodafone Albania has been recognized as the Fastest Mobile Network in Albania by Ookla® Speedtest Awards™ for Q3-Q4 2023! This prestigious award acknowledges unwavering commitment to delivering exceptional network performance to customers... Read more 

SIGAL UNIQA Group Austria celebrates its 25th anniversary

SIGAL UNIQA Group Austria celebrates its 25th anniversary in a festive concert at the National Theater of Opera and Ballet, designed to represent the three countries where the SIGAL UNIQA Group is present, in Albania, Kosovo and North Macedonia...Read more 

One Albania has been confirmed as the best Albanian Network

One Albania has been confirmed the best Albanian Network and has achieved the highest score for the best performance by Omnitele, an internationally well-known company for its expertise in network comparisons...Read more

New technology through steam injection will revive Banker Petroleum’s oil production in the Patos-Marinza oilfield

A new technology through steam injection will revive oil production in the Patos-Marinza oilfield. This is our latest investment at over US$ 20 Million that promises a transformative chapter for the area...Read more 





Interview with Mr. Elvis Ponari, Chief Executive Officer of SIGAL UNIQA Pension FUND      


FIAA participates in the Investment Council meeting on Private Sector Challenges: Fiscal Administration, Innovation, Productivity       

In March 26th FIAA participated in the Investment Council’s meeting and was represented by its new President Mr. Balazs Revesz, who will have a seat in this council for the next two years. Mr. Revesz shared FIAA’s support for the analysis and the recommendations that had been prepared by the Investment Council’s team...Read more

FIAA in the discussion table on the new strategy for innovation and entrepreneurship 2024-2030

The Minister of State for Entrepreneurship and Business Climate, Mrs. Delina Ibrahimaj, in cooperation with the Digital Economy Council at the Foreign Investors Association of Albania held a discussion table regarding the new strategy for innovation and entrepreneurship for the period 2024 - 2030...Read more

FIAA in the National Economic Council

FIAA is honored to have become an official member of the revitalized National Economic Council which started its operations with a first meeting for 2024 chaired by Prime Minister Edi Rama in January 11th, 2024. The Council was initiated and will run its activities under the attention of the Minister for Entrepreneurship and Business Climate Delina Ibrahimaj...Read more

Workshop on the Importance of Human Capital in the Digital Economy

FIAA’s Digital Economy Council organized a workshop to exchange experience, share good practices and gather ideas on preparing a concrete action plan aimed at improving the situation of human capital involved in the digital economy in Albania...Read more

Meeting with the newly appointed Ambassador of Japan to Albania

FIAA’s Deputy President Dr. Constantin von Alvensleben and Executive Director Ms. Marinela Jazoj met with the new Japanese Ambassador in Tirana, Her Excellency Ambassador Kato. At the focus of the discussion was an exchange of views on the current Albanian business climate and challenges ahead...Read more

Meeting with the newly appointed Ambassador of Norway to Albania

FIAA’s Executive Director, Ms. Marinela Jazoj held a business dinner with H.E Mr. Andreas Gaarder, the newly appointed non-resident Ambassador in Albania. During the meeting they discussed on the current business environment in the country and the role of FIAA Business Network on the improvement...Read more

OTP Group Celebrates its 5th Anniversary in Albania

OTP Group marked its fifth anniversary through the presence of OTP Bank Albania in Albania, celebrating this historic moment through a special ceremony. This bank has reached very important milestones in a very short time, which received the deserved attention...Read more

Voltalia celebrates its latest milestone

Karavasta Solar Power Plant, Albania has initiated the generation of the first megawatt-hours from this 140 MW powerhouse. Every bit of its capacity is backed by long-term electricity contracts, ensuring a sustainable energy future for southern Albania...Read more


Ritech Solutions shpk 


Business Environment Survey

Conference on the Digital Economy in Albania


Membership to FIAA is open to all Foreign Investors, Representative companies and International Organizations working in Albania.

 Please contact us for further information!



Recommendations for improvement of the Business Environment in Albania 

Infographic of the Energy Industry in Albania

Booklet on Business Ethics




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