E-Newsletter, Q2-2016

July 2016

Dear Reader!

We are pleased to share with you the second edition of 2016 FIAA  e-Newsletter. 

This information is also available on our website: www.fiaalbania.al

Board of Directors would like to wish all the Members of FIAA have,

HAPPY SUMMER HOLIDAYS!

FIAA holds a Roundtable Discussion with the Minister of Justice, Mr. Manjani

In early May this year, foreign investors were part of a roundtable with the Minister of Justice. Main focus of the discussion was on different issues that businesses are facing with the System of Justice in Albania which is a crucial element on well functioning of the business environment in the country... Read more

“Justice Reform, a key precondition for boosting and attracting foreign investments in Albania”

Justice Reform approval in Albania is considered by the foreign Investors as one the most crucial conditions which would ensure sustainability of their investments in the country. In May 23rd, the Foreign Investors Association of Albania in cooperation with the Delegation of European Union organized a Conference focused on the importance and necessity of the Justice Reform approval in Albania...Read more

FIAA finalizes Project with Slovak Partners

The monitoring process of the Albanian Investment climate remains one of the main objectives of FIAA. In June 2016, FIAA and Business Alliance of Slovakia presented the final outcomes of Project, “Improving Business Environment in Albania” during a Conference with Members of FIAA, Slovak Team, Slovak Deputy Ambassador and other related partners. The project was financed by the Official Assistance of the Slovak Republic... Read more

A Booklet for Business Ethics in Albania

For the first time in Albania, FIAA has prepared and launched a Booklet for Business Ethics, which can be used and adapted by all Albanian businesses and serve as a good guide for the entire business community. This Manual will guide the business in their daily activity to respect and implement legal and institutional framework, fair competition and protection of consumer interests.

Government of Albania introduced second stage of the fight against informality

joinformalitetit@financa.gov.al is the email address launched for an efficient and direct communication with the business, for reporting cases of violations, but also for asking questions, clarifications, issues, information etc. At the beginning of April the Government of Albania introduced the continuity of the intensive operation against informality by entering the second stage, which is based on a new approach aimed at redefining the role of the tax administration through a new strategy lying on four pillars...Read more

High Level Policy Dialogue on Business Climate and Investment Attractiveness

Improving the business climate remains the goal of reforms for the government’s economic program. A High Level Policy Dialogue on Business Climate and Investment Attractiveness” was organized in May 24th in AIDA’s new premises. Discussions involved the Prime Minister, Minister of Economy, representatives of the IMF and World Bank, foreign investors in Albania and local business leaders... Read more

Simplified Tax procedures, a new chapter for the business climate

The Ministry of Finances has prepared a Draft Fiscal Package for 2017, which does not foresee changes in the tax level, but only an improvement and simplification of tax procedures in the country. The Package was launched during the Meeting of the National Economic Council in June 8th. The Package of Procedures Simplification is considered by the Ministry of Finance as a New Chapter for the business climate.... Read more

ALBtelecom receives “SAP Quality Award”

The biggest Telecommunications Company in Albania, ALBtelecom, was selected winner of “SAP Quality Award” for the Southeastern Europe in the category of Business Transformation. After a serious and professional assessment of all categories of quality, this award has been given to this company since it has met all the quality criteria defined by SAP, for the implementation of Business Support Systems.

For more information please visit: www.albtelecom.al

Raiffeisen Leasing celebrates its 10th anniversary in Albania

Raiffeisen Leasing in Albania celebrated its 10th anniversary in Albania. On this occasion, it was organized a gala event with the participation of clients and partners, representatives from public institutions and different entrepreneurs. The Executive Director of Raiffeisen Leasing in Albania, Mrs. Ida Shehu in her greeting speech addressed to the participants, amongst other things said: “During these 10 years of its activity in Albania, Raiffeisen Leasing has aimed to make leasing part of the business culture, by being always near the Albanian businesses with qualitative service, flexibility and by fulfilling their needs”.

For more information please visit:  www.raiffeisen.al

First TAP pipes arrive in Albania

  The Trans Adriatic Pipeline AG (TAP) announced arrival of the first steel line pipes and machinery for the construction of the Albanian section of the pipeline. The occasion was marked by a ceremony in the Main Marshalling Yard of TAP, in the vicinity of Durrës. The ceremony was attended by Prime Minister Edi Rama, Minister of Energy and Industry Damian Gjiknuri, representatives of local authorities, TAP contractors, Albanian companies and other stakeholders.

For more information please visit: www.tap-ag.com

 INTERVIEWS   

Interview with Mrs. Romana Vlahutin – European Union Ambassador to Albania

“Justice Reform will contribute to creating a more predictable and transparent business environment in Albania”

Interview with Mr. Christian Canacaris – CEO of Raiffeisen Bank Albania

“Justice Reform can increase investment in Albania”

Business Environment Index Development

BEI is the Business Environment Index which makes quarterly monitoring of changes in business environment in Albania through regular structured surveys among entrepreneurs to identify major trends and business barriers as well as monitor their development in time to set the mirror for policymakers. BEI is an initiative financed by Slovak AID – Official Development Assistance of the Slovak Republic and is being implemented by Business Alliance of Slovakia in cooperation with Foreign Investors Association of Albania.

Keeping up on fighting corruption concern

Telekom Albania introduces Sea Hero Quest to Albanian Public

In the light of the initiative untaken to find a cure for dementia, Telekom Albania introduced this May to the public the Sea Hero Game. This game aims at contributing to a good cause through entertainment. The scope of Sea Hero Quest is to collect data which would greatly facilitate the research towards developing new diagnostic tests for the diseases that cause dementia. Sea Hero Quest is a multi-platform mobile game specifically designed to help advance our understanding of spatial navigation and how this aspect of our brain works, as part of a coordinated effort to bring us one step closer to managing the growing threat of dementia.

For more information please visit: www.telekom.com.al

Tirana Business Park celebrates 1st anniversary

On the occasion of its 1st Anniversary, Tirana Business Park organized The One in Summer Anniversary Party together with employees, clients, partners, guests and friends.

For more information please visit: www.tiranabusinesspark.com

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

 Please contact us for further information!