E-Newsletter 2023, Issue IV

November 2023

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 September-November 2023! 

Wishing you all a very nice winter season! 

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

FIAA’s Conference on Business Ethics

FIAA is delighted to have successfully concluded the conference organized together with the Ministry of Justice on the topic “Mapping Good Anti-Corruption Practices Across Foreign Businesses in Albania and Beyond”.  This event gathered the FIAA Business community, the Ministry of Justice, the National Anticorruption Directory, International partners such as the OSCE, OECD, EBRD, and other business organizations...Read more

Roundtable discussion in support of the Global Entrepreneurship Week in Albania

The Foreign Investors Association of Albania in cooperation with the Minister of State for Entrepreneurship and Business Climate, Mrs. Delina Ibrahimaj and the presence of the Prime Minister of Albania, Mr. Edi Rama organized a roundtable discussion in support of the Global Entrepreneurship Week in Albania...Read more

FIAA launches the findings of the Survey on the Business Environment in Albania 2023

Foreign Investors of Association Albania officially launched the findings of the Business Environment Survey in Albania. The Survey findings were presented at the presence of the Minister of Finance and Economy, Mr. Ervin Mete and Minister of State for Entrepreneurship and Business Climate Mrs. Delina Ibrahimaj, along with other distinguished business guests and diplomatic representatives in Albania...Read more

FIAA establishes the Digital Economy Council  

The recently established FIAA Digital Economy Council met on October 26^th to brainstorm on the issues that are common to businesses operating in this sector, to establish a vision for the work ahead and to elect its chairman. CEOs and other representatives from companies in the subsectors represented in the committee, TELCOs, ICT and BPO companies, shared their concerns related to several issues..Read more

FIAA’s Tax Committee ongoing actions and comments on the reviewed Draft Law on Income Tax

Following the call of the Ministry of Finance and Economy, the FIAA’s Tax Committee members have continued the discussions on the reviewed draft instruction issued for the new law on Income Tax and provided feedback and suggestions to the Ministry and given specific comments on those issues which are considered important for the finalization of the Law...Read more

FIAA’s Board Executives meet with Minister of Justice Mr. Ulsi Manja

FIAA’s Chairman Mr. Alessandro D’Oria and Board Member, Mr. Sokol Elmazaj had a discussion meeting with the Minister of Justice in Albania, Mr. Ulsi Manja. Main points of the discussions were focused on the cooperation that both institutions could intensify in the near future...Read more

Business Environment Insights

Conclusions and Agreements from Berlin Process Summit 2023 in Tirana

The Berlin Process Summit that was held in Tirana on October 16, assessed progress in regional cooperation and ongoing challenges, building on previous Ministerial Meetings. The Western Balkans Six (WB6) welcomed a Growth Plan and committed to advancing regional economic integration through the Common Regional Market, underlining the importance of domestic reforms and organized crime combat....Read more

Deregulation and Business Climate RoundTable

On October 3rd, the Prime Minister of Albania Mr. Edi Rama and the Minister of State for Entrepreneurship and Business Climate Mrs. Delina Ibrahimaj invited all business organizations in the “Deregulation and Business Climate” roundtable for a discussion and interaction to further improve the business climate....Read more

Intesa Sanpaolo Bank Albania and EBRD cooperation

The European Bank for Reconstruction and Development (EBRD) is financing Intesa Sanpaolo Bank Albania with €1 million under its flagship “Youth in Business”-YiB Programme. The loan will boost on-lending to micro, small and medium-sized enterprises (MSMEs) that are owned or managed by young entrepreneurs under 35 years old. Read more

Statkraft will assess the possibility of developing a hydropower plant with a pumping reserve system in Albania    

Following the construction of the Moglica Hydropower Plant and the start of commercial operations at the Banja and Moglica Hydropower Plants in the Devoll River valley in Albania, Statkraft is evaluating the possibility of further optimization of the hydrological resources at the Moglica Hydropower Plant. Read more 

Vodafone Albania

Vodafone Albania announced the launch of their new state-of-the-art Data Center for Fixed Services. This investment underscores Vodafone Albania dedication to providing world- class services to their valued clients. With the new Data Center, the company is ready to empower businesses, support many applications to business solutions, and accelerate the digital revolution in Albania. Read more 

VEGA SOLAR shpk celebrates its 5^th anniversary in Albania

Our member Vega Solar shpk celebrated its 5th anniversary in Albania. They started their business as a star up 5 years ago and today they proudly employ 120 professionals, concluded over 200 projects with over 50MW in Albania. Read more 

Antea Cement has received SDG Business Pioneers Award Albania 2023

Another recognition for unwavering commitment to sustainable business practices! TITAN in Albania (Antea Cement) has received the SDG Business Pioneers Award Albania 2023 in the International Enterprise Category from the Embassy of Sweden in Albania and the United Nations Development Programme (UNDP). Read more 

BKT signs a cooperation agreement with the British embassy

BKT, through this partnership, aims at encouraging young Albanians to attend prestigious academic programs, to gain international knowledge and experience, then contribute to our country. The British Embassy encourages cooperation in the field of education thanks to the support of its partners. Read more 

EBRD and Raiffeisen Bank Albania support agribusiness and tourism

The European Bank for Reconstruction and Development (EBRD) is increasing its support for companies in the agribusiness and tourism sectors in partnership with Raiffeisen Bank Albania, the Government of Albania and the European Union (EU). The bank provides up to €12 million for risk sharing under the Albania Agribusiness and Tourism Support Facility (AATSF). Read more 

Interview with Mr. Balazs Revesz, CEO of Vodafone Albania and Chairman of the FIAA Committee on Digital Economy     

READ NOW

FIAA’s participation at the Closing Event of Global Entrepreneurship Week       

Vice Chairman of FIAA, Constantin von Alvensleben spoke on behalf of FIAA at the closing event of the Global Entrepreneurship Week organized by the Minister of State for Entrepreneurship and Business Climate Delina Ibrahimaj..Read more

FIAA in the Israel Albania Business Forum 

Ms. Marinela Jazoj represented FIAA in the Israel - Albania Business Forum organized in Tirana on September 7th,2023. This Forum convened over fifty commercial companies of both countries with the aim to attract investments and build connections ...Read more

FIAA as testimonial of Antea Cement CSR activities

Foreign Investors Association of Albania – FIAA is proud to be a testimonial of the ANTEA Cement in their recent achievement, the refurbishment of the Kruja Maternity Hospital “Stefan Gjoni“, as part of the Company’s Corporate Social Responsibility... Read more

FIAA in the Network of the Foreign Investors Associations in the South East Europe   

FIAA is happy to be part of the Network of the Foreign Investors Associations in South East Europe and beyond, hoping that our efforts towards the common goals will lead to positive results. ....Read more

FIAA’s Management Team discusses with French representatives from the French Embassy in Serbia

FIAA’s Management Team received in the FIAA premises Ms. Céline Hericher, Deputy Head of the Regional Economic Department for Western Balkans, at the French Embassy in Serbia...Read more

FIAA’s British members representatives meet with the Ambassador of United Kingdom in Albania

In the ambit of the cooperation that FIAA keeps with the British Embassy in Albania, a business Breakfast brought together the UK business’ representatives within FIAA, Mr. Ante Frens from Shell in Albania and Mr. Balazs Revesz from Vodafone Albania and the British Ambassador, H.E Mr. Alastair King-Smith, accompanied by the President of the newly established British Chamber of Commerce in Albania, Mr. Klodian Allajbeu...Read more

FIAA’s Executive Director meets Ambassador of Spain in Albania

FIAA’s Executive Director Ms. Marinela Jazoj met with the Spanish Ambassador in Tirana, H.E Mr. Alvaro Renedo Zalba. At the focus of the discussion was an exchange of views on the current Albanian business climate and challenges ahead...Read more

FIAA Executives welcome in its premises the Ambassador of the Federal Republic of Germany in Albania

FIAA’s President Mr. Alessandro D’Oria and Ms. Marinela Jazoj received in the association’s premises the new Ambassador of Germany in Albania H.E Mr. Karl Bergner and the new Deputy Ambassador Mr. Jannis von Oy...Read more

FIAA’s Executive Director meets Ambassador of Sweden in Albania

FIAA’s Executive Director, Ms. Marinela Jazoj held a courtesy meeting with H.E Mr. Niklas Ström, the newly appointed Ambassador of Sweden 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 of the doing business climate...Read more  

NEW MEMBERS 

UPCOMING EVENTS

FIAA's Wishes Ceremony, January 2024    

B2B Energy Roadshow with Israeli Companies, February 2024  

2nd edition of the Conference "Energy Transition Towards the Green Agenda" , March 15th, 2024

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

 Please contact us for further information!

IN FOCUS

Recommendations for improvement of the Business Environment in Albania 

Manifest on Current Matters of the Energy Industry

Booklet on Business Ethics