E-Newsletter, Q1-2016

April 2016

Dear Reader!

We are pleased to share with you the latest news through our e-Newsletter. 

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

Prime Minister Edi Rama presents taken reforms to FIAA members

Albanian Prime Minister Edi Rama attended FIAA’s traditional annual ceremony on 27th of January 2016. During the ceremony FIAA presented a midterm review assessment of the main requirements its members had asked to the Government two years ago. The assessment of the 10 Top Promises Paper was prepared by FIAA... Read more

FIAA Mining, Oil and Gas Committee Members met experts of the Investment Council

In frame of collaboration FIAA has with the Albanian Investment Council, during January 2016 businesses of Mining, Oil and Gas Committee met with IC experts aiming to identify main concerns and gather concrete recommendations from businesses, organizations and institutions in order to improve the complaining procedures in relation to taxation, customs, inspections etc, which were part of the Agenda of IC meeting in March 2016...Read more

Meeting with Embassy of Sweden

FIAA highest Representatives were invited by the Swedish Ambassador to participate in two round table meetings organized under the care of the Embassy of Sweden aiming to gather information on the most pressing challenges on investing and doing business in Albania. The Swedish ambassador and other invited ambassadors gave focus on how these challenges could be tackled. One raising issue seen as highly ... Read more

Signed MoU between FIAA and Black Sea Trade and Development Bank

The Black Sea Trade and Development Bank (BSTDB) and the Foreign Investors Association of Albania signed a Memorandum of Understanding aiming to establish mutual beneficial cooperation, supporting efforts for favorable conditions for regional investments and... Read more

Meeting with Economic Attachés of Foreign Embassies in Albania

In March 2016, FIAA and RisiAlbania met with Economic Attaches of Foreign Embassies in Albania to promote the Brochures which were prepared in frame of the project for the attraction of foreign investors in Agro-Processing, Tourism and BPO. The Brochures... Read more

FIAA Assembly Meeting 2016

On March 23rd, FIAA hold the annual Assembly Meeting of the Members and conducted election of three new Board Members and approval of some amended proposals to FIAA Bylaws... Read more

Relationship between Businesses and Banks, Perspective of lending for 2016

In March 2016 Bank of Albania organized a Meeting Discussion with representatives of business associations and executives of the banking system on “Business – Banking Relationships:Lending perspective 2016” a tradition of dialogue of the Banking System...Read more

Business Meeting with Swiss Embassy in Tirana

The Ambassador of Switzerland in Albania, Mr Christoph Graf hosted in February 2016 a business event with representatives of business organizations and present Swiss Business Community in Albania. The meeting aimed the presentation of the Corporate Governance Institute Albania and a success story for CSR in Albania. The Chairman of CSR Network in Albania  ... Read more

EBRD Delegation visits Albania in frame of the creation of the Business Ombudsman Institution

The EBRD and the Government of Albania in early 2014 have signed a Memorandum of Understanding on improving the investment climate in Albania, laying out a number of areas for cooperation between the Government and EBRD, in the areas of improving economic governance, combating corruption and tackling informality. The MoU also envisaged the two  ... Read more

Draft law on Chambers of Commerce and Industry

In February 2016 an amended Draft Law on "Chambers of Commerce and Industry”, was submitted to the Parliamentary Commissions for discussion. The Draft Law proposes returning of compulsory membership of all business at the chambers of commerce and industry. FIAA Representatives asked to be present in these Commissions and requested ...  Read more

EIF and ProCredit group sign deal to finance innovative companies in seven countries

The European Investment Fund (EIF) and ProCredit group have signed an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small mid-caps under InnovFin – EU finance for innovators, an initiative supported by the European Commission. This is the first umbrella InnovFin SME guarantee signature covering the western Balkan countries, enabling the ProCredit banks to offer innovative companies additional financing at favorable conditions.

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

Notification Practices on Concentration

On the National Day of Competition, March 4th, 2016, the law firm KALO & ASSOCIATES in collaboration with Competition Authority organized the event “Notification Practices on Concentration”.

For more information please visit:  www.kaloattorneys.com

15th Anniversary of Selenice Bitumi - KLP Industries

On February 26th, 2016, Selenice Bitumi part of KLP Industries, celebrated its 15th anniversary in Albania. The Ceremony took part in the site of the Mine of Selenice and gathered together the highest representatives of the French Company KLP Industries and was honored by the presence of Mr. Bernard Fitoussi, Ambassador of France in Albania and also by the Deputy Minister of Industry and Energy, Mr. Gezim Musabelliu. 

For more information please visit: www.selenizza.eu

 INTERVIEWS   

Interview with Mrs. Milva Ekonomi – Minister of Economic Development, Tourism, Trade and Entrepreneurship

“Albania is going to improve the climate of dialogue”

Interview with Mr. Jens Reinke –Resident Representative of IMF Resident Mission in Albania

“Judicial reform is a major turning point for Albania”

Business Environment Index and Law impact assessment in Albania for 2015

In frame of the cooperation with Business Alliance of Slovakia on Project, “Improving Business Environment in Albania”, FIAA finalized the Four Quarters Chart for Business Environment Index during Year 2015. The results refer to the main objectives of the survey which are the Index of the Business Environment and the Assessment of the Laws impact in Albania for year 2015. The results were gathered mainly from businesses operating on Energy... Read more

Porto Albania, a new Investment on Yacht Harbor

“Porto Albania” is a project led by the Swiss investment and project management company FINSEC Ltd Zug and its Albanian subsidiary FINSEC Port SHA Tirana, which will construct Albania’s first international yacht harbor with capacity to accommodate about 720 yachts, and a chain of supportive campus of hotels, residences, restaurants, shopping centers and sport fields on the ground, aiming to become a real benchmark for ... Read more

Freedom of Doing Business in Albania

At the initiative of the Ministry of Economic Development, Tourism, Trade and Entrepreneurship, on March 2016 it was organized a meeting to present the steps that the Albanian government has pursued within the freedom of doing business. The Minister stated the commitment of the government to improve business climate and the need for consultation with the business initiatives in this field, needs for establishment of ... Read more

New FIAA members

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

 Please contact us for further information!