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Balfin Group
The Balkan Finance Investment Group (Balfin Group) is one of the largest private investment groups in Albania and the Balkans. It owns some of the largest companies in Albania. The Group's investment portfolio can be categorized into activities for the development of real estate, retail, trade or industrial space, services, finance of customer, mining industry, tourism, energy, banking and agriculture. Balfin Group is a major player in the Albanian and international markets operating in seven countries. History The beginnings of Balfin Investment Group started in 1993 in Vienna, where Samir Mane founded Alba-Trade. Having started with the trade of electronic devices, soon the BALFIN Group, created by Mane managed to create the largest network of electronics stores in Albania, Neptun and then extending the network in the neighboring countries of Kosovo and Macedonia. Neptun's chain of stores was positioned from the beginning in 1993 as the main electronics player in the Alban ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Balkans
The Balkans ( ), also known as the Balkan Peninsula, is a geographical area in southeastern Europe with various geographical and historical definitions. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria. The Balkan Peninsula is bordered by the Adriatic Sea in the northwest, the Ionian Sea in the southwest, the Aegean Sea in the south, the Turkish Straits in the east, and the Black Sea in the northeast. The northern border of the peninsula is variously defined. The highest point of the Balkans is Mount Musala, , in the Rila mountain range, Bulgaria. The concept of the Balkan Peninsula was created by the German geographer August Zeune in 1808, who mistakenly considered the Balkan Mountains the dominant mountain system of Southeast Europe spanning from the Adriatic Sea to the Black Sea. The term ''Balkan Peninsula'' was a synonym for Rumelia in the 19th century, the European provinces of the Ottoman Empire. It had a ge ...
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Fashion Group Albania
Fashion is a form of self-expression and autonomy at a particular period and place and in a specific context, of clothing, footwear, lifestyle, accessories, makeup, hairstyle, and body posture. The term implies a look defined by the fashion industry as that which is ''trending''. Everything that is considered ''fashion'' is available and popularized by the fashion system (industry and media). Given the rise in mass production of commodities and clothing at lower prices and global reach, sustainability has become an urgent issue among politicians, brands, and consumers. Definitions The French word , meaning "fashion", dates as far back as 1482, while the English word denoting something "in style" dates only to the 16th century. Other words exist related to concepts of style and appeal that precede ''mode''. In the 12th and 13th century Old French the concept of elegance begins to appear in the context of aristocratic preferences to enhance beauty and display refinement, a ...
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Spar (retailer)
SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and consists of 13,623 stores in 48 countries. The company's name is an acronym of the slogan ''"Door Eendrachtig Samenwerken Profiteren Allen Regelmatig"'', which was used by van Well to describe the brand and translates as "All Benefit from Joint Co-operation Regularly". Its headquarters are located in Amsterdam. The company operates a partnership programme and has a presence in most European countries, as well as many others throughout Asia, Africa and Oceania. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Etymology The name was originally DESPAR, an acronym of the Dutch phrase ( en, "through united co-operation everyone regularly profits"). The ac ...
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AlbChrome
AlbChrome is an Albanian-based private company founded in 1948. The company is the largest producer of chrome in the country and among the leading producers of ferrochrome in the world. History In 1948, the Communist government of Albania established the state-owned AlbChrome company, which began to mine chromium, a major export for the country. After the fall of communism in Albania, AlbChrome was reopened in the beginnings of 1991. In 2000, facilities such as mines, smelters, plants and factories, part of the chrome industry infrastructure in Albania, were given to a private company from the Government of Albania. The 'DARFO' group worked and exploited these concessionary assets until 2007, when an Austrio-Russian group took over the concession and formed a new company called "Albanian Chrome" (ACR). Under the Austrio-Russian industrial expertise, two out of three furnaces installed in Elbasan Ferrochrome Plant were refurbished and their technology was changed to provide f ...
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Tirana Bank
Tirana Bank is a bank based in Tirana, Albania. The bank was founded in September 1996 and was the first privately owned bank in Albania. The bank was a subsidiary of Piraeus Bank until August 2018 when it was announced the agreement on the sale of Tirana Bank to Balfin Group and Komercijalna banka Skopje, Komercijalna Banka. References External links Official site
Buildings and structures in Tirana Banks of Albania {{bank-stub ...
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Skopje East Gate
Skopje East Gate (Macedonian: ''Скопје ист гејт''), simply known as East Gate, is a mixed-development project incorporating a shopping and entertainment center, a residential complex and an office park based in Skopje, North Macedonia. It is located about 3 kilometers east from the center of Skopje. The shopping and entertainment center called East Gate Mall, opened on October 29 and by far is the largest shopping mall in North Macedonia, and the third largest overall in the region of the Balkans. Overview Skopje East Gate's total area is , of which are reserved for the residential area consisting of 627 residential units, for the shopping and entertainment center "''East Gate Mall''", for the business office area and for green area consisting of parks. This project was announced in 2017 by Balfin Group CEO Samir Mane. On June 1, 2018, in an event in which the prime minister of North Macedonia Zoran Zaev, Samir Mane and other political and business figures took ...
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Maersk
(), also known simply as Maersk (), is a Danish shipping company, active in ocean and inland freight transportation and associated services, such as supply chain management and port operation. Maersk was the largest container shipping line and vessel operator in the world from 1996 until 2022. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and around 83,000 employees worldwide in 2020. It is a publicly traded family business, as the company is controlled by the namesake Møller family through holding companies. In September 2016, Maersk Group announced that it was splitting into two separate divisions: Transport & Logistics, and Energy. The company's 2018 annual revenue was US$39 billion (2019). In the 2020 Forbes Global 2000, Møller-Maersk was ranked as the 622nd -largest public company in the world. History () was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter ...
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Palasë
Palasë ( sq, Palasë or ''Palasa''; el, Παλάσα, ''Palasa'') also Paljasa ( el, Παλιάσα), is a village in Himarë municipality (13 kilometres from the town), Vlorë County, southern Albania. It is located near the Llogara National Park and next to the Ionian Sea, Ionian coast on the Albanian Riviera. History In classical antiquity Roman Empire, Roman writer Lucan recorded a town named Palaeste on the Ceraunian Mountains, which corresponds to the site area of modern day Palasë. In Palaeste, Julius Caesar landed from Brundusium, in order to carry on the Caesar's Civil War, war against Pompey.Lucan, ''Pharsalia, Phars''5.460 "''caelo languente fretoque naufragii spes omnis abit. sed nocte fugata laesum nube dies iubar extulit imaque sensim concussit pelagi mouitque Ceraunia nautis. inde rapi coepere rates atque aequora classem curua sequi, quae iam uento fluctuque secundo lapsa Palaestinas uncis confixit harenas. prima duces iunctis uidit consistere castris tellus, qua ...
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Tirana Logistic Park
Tirana Logistic Park (TLP) offers logistic services in Albania. Tirana Logistic Park is a project of 3 "Class A" warehouses and industrial premises in the biggest industrial area of Albania, along the Tirana-Durrës highway. It is the first logistic park in Albania intended to help this country to attract more foreign investment. With its of buildings on of land, TLP is the first logistic and industrial Park in Albania, able to meet European standards in storage and manufacturing that combine different logistic modes and solutions. It is one of the most important investments in Albania and one of the biggest logistic parks in South East Europe. This logistic park was open on October this year. The design and the construction of this park sparked interest because it involved students from the Faculty of Architecture. The construction company wanted to share the experience with the students, since it is the first construction of its type in Albania. Actually the Logistic servic ...
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Jumbo S
Jumbo (about December 25, 1860 – September 15, 1885), also known as Jumbo the Elephant and Jumbo the Circus Elephant, was a 19th-century male African bush elephant born in Sudan. Jumbo was exported to Jardin des Plantes, a zoo in Paris, and then transferred in 1865 to London Zoo in England. Despite public protest, Jumbo was sold to P. T. Barnum, who took him to the United States for exhibition in March 1882. The giant elephant's name spawned the common word "jumbo," meaning large in size. Examples of his lexical impact are phrases like "jumbo jet", "jumbo shrimp," "jumbo marshmallows," and " jumbotron." Jumbo's shoulder height has been estimated to have been at the time of his death, and was claimed to be about by Barnum. History Jumbo was born around December 25, 1860 in Sudan, and after his mother was killed by hunters, the infant Jumbo was captured by Sudanese elephant hunter Taher Sheriff and German big-game hunter Johann Schmidt. The calf was sold to Lorenzo Casanova, ...
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Tirana East Gate
Tirana East Gate is a shopping mall based in Tirana, Albania. It is located about from the city center of Tirana just off the National Road SH3 in Lundër. The mall was inaugurated on 26 November 2011 by former Prime Minister of Albania, Sali Berisha and other representatives of the Albanian government. Covering two floors, the mall has about of retail space. It accommodates 180 shops, 10 bars, cafes and 5 restaurants. Approximately 4,200 parking spaces are available. Around 2,000 people are employed here. List of prominent stores includes LTB, FLO, ELLE, PENTI, Interspar, Zara, Massimo Dutti, Pull and Bear, Bershka, Timberland, Calzedonia, S.Oliver, LC Waikiki, Reebok, Adidas, Rossmann, Mango, Geox, Swarovski, Springfield, Swatch, Spar, and more. Kentucky Fried Chicken (KFC), Pizza Hut, Burger King and Coffeeshop Company are also located in the Mall. TEG also features some local brands of fast food restaurants like Kolonat. The Mall also features a Cineplexx multiplex c ...
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