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List Of Companies Of Albania
Albania's transition from a socialist centrally planned economy to a capitalist mixed economy has been largely successful. "Formal non-agricultural employment in the private sector more than doubled between 1999 and 2013," notes the World Bank, with much of this expansion powered by foreign investment. For further information on the types of business entities in this country and their abbreviations, see Business entities in Albania. Notable companies This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Cement factory in Fushë-Krujë, Albania (10759257413).jpg, The Antea Cement factory in Fushë-Krujë File:Sheshi Skënderbej. Banka e Shqipërisë 2.jpg, The Bank of Albania, in Tirana's Skanderbeg Square File:Vinyard Përmet.jpg ...
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Planned Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially-owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms bas ...
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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 ...
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Çalık Holding
Çalık Holding is a Turkish company that has been operating in the energy, construction, mining, textile, finance, and telecom sectors since the 1980s. Founder and chairman Ahmet Çalık began his business career in the textile industry, founding Orta Doğu Tekstil in 1981 and Çalık Denim in 1987. During the early-1990s independence of CIS countries, he made his first foreign investments and founded Gap Pazarlama (to increase his company's share of international textile trading) and Gap İnşaat (to build plants). These companies were brought together as Çalık Holding in 1997. The umbrella company founded Çalık Enerji in 1998 and Aktif Bank in 1999, to enter the energy and finance sectors. Growing by investments since the 2000s, Çalık Holding acquired Banka Kombëtare Tregtare (operating in Albania and Kosovo). The group acquired ALBtelecom (Albania's oldest landline operator and Internet provider) in 2007, entering the telecom sector. Çalık Holding entered the mini ...
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Banka Kombëtare Tregtare
Banka Kombëtare Tregtare (BKT) is the largest and oldest operating commercial bank in Albania. History Early establishments The first branch of Banka Kombëtare Tregtare was established in Durrës on 29 November 1925, in the historical building where today's BKT Durrës Branch is situated. This building actually represents the oldest Albanian financial institution in the country. 1 November 1926 and 15 November 1926 are the dates in which BKT's Shkodra and Vlora Branches were established respectively. Banka Kombëtare Tregtare (BKT), with today's name, was established in January 1993, after the merging of the Banka Tregtare Shqiptare (BTSH) and Banka Kombëtare e Shqipërisë (BKSH). Actually BKT is the largest and the oldest commercial bank in Albania. BTSH was established in 1991 due to the sub-division of the activities of the State Bank of Albania, the main activity of which was managing the foreign trade operations of the state-owned entities with former socialist coun ...
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Bank Of Albania
The Bank of Albania ( sq, Banka e Shqipërisë) is the central bank of Albania. Its main headquarters are in Tirana, and the bank also has five other branches located in Shkodër, Elbasan, Gjirokastër, Korçë, and Lushnjë, while its Research and Training Center is located in Berat. History In the first few years following Albania's declaration of independence on 28 December 1912, the fledgling country lacked a central bank. Under Ismail Qemali's leadership a first central bank was created on 4 October 1913 but it only lasted a few months. In the early 1920s, foreign currency was used for all transactions, generating considerable chaos, and in 1923 municipalities were allowed to issue their own banknotes. One project floated by the League of Nations envisaged a central bank for Albania as a cooperative venture co-sponsored by various European governments, with Albania itself owning only 10 percent of its share capital. The consolidation of the Albanian national government e ...
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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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Titan Cement
TITAN Group is a Greek producer of cement and building materials, producing 27 million metric tons of cement a year and employing over 5,500 people. TITAN is a participant in the UN Global Compact (UNGC) and a core member of CSR Europe the World Business Council for Sustainable Development (WBCSD) and the Global Cement and Concrete Association The Global Cement and Concrete Association is an international industry association that was established in 2018. as of 2018, it represented about 35% of the global industry for Cement and Concrete. The association was formed, in part, because the ... (GCCA). The Group’s parent company is TITAN Cement International (TCI), a Belgian company listed on Euronext Brussels, Euronext Paris and Athens Exchange. TITAN Cement International became TITAN Group’s parent company following the successful completion of a Voluntary Share Exchange Offer submitted to the shareholders of TITAN Cement Company S.A., the Group’s former parent company, whic ...
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Fushë-Krujë
Fushë-Krujë is a city in Durrës County, Albania. At the 2015 local government reform it became a subdivision of the municipality Krujë. The population at the 2011 census was 18,477.2011 census results
The city has gained wider fame due to President George W. Bush's visit on Sunday, 10 June 2007. A statue was erected in his honor in 2011. Fushë-Krujë was also the site of one of 's famous battles. , Albania's Kosovar heroine, died there in 1927! Fushë-Krujë has been design ...
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Antea Cement
Antea Cement Sh.A. is a cement manufacturing company in Albania. It is a subsidiary of Titan Cement of Greece. Its cement plant and quarries in Fushë-Krujë are expected to cost 170 million euros (USD233.3 million), according to Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was esta .... The European Bank for Reconstruction and Development is considering an investment in the project.European Bank for Reconstruction and Development – Project Summary Document – Antea Cement, updated 31 March 2008
Retrieved 2008-04-18


Referenc ...
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Patos, Albania
Patos ( sq-definite, Patosi) is a town and a municipality in the County of Fier, Albania. The municipality was formed at the 2015 local government reform by the merger of the former municipalities Patos, Ruzhdie and Zharrëz, that became municipal units. The seat of the municipality is the town Patos. The total population is 22,959 (2011 census), in a total area of 82.59 km2. The population of the former municipality at the 2011 census was 15,397. It is the center of the oil industry in Albania, and is 7 kilometers southeast from the city of Fier. History Patos is a very old city. It was a city for oil in the modern day and during King of Albania era and during the People's Socialist Republic of Albania era. The city was also for the works to sleep in and investors. The city is one of the biggest offshore oil field in the Balkans and in Europe. The Patos-Marinza Oil Field was discovered in 1928. It Produces about 11,854 barrels everyday more than other oil fields. It has ...
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Albpetrol
Albpetrol is an Albanian upstream petroleum production and marketing company, which also monitors state petroleum agreements in Albania. Its stock is owned by the Albanian state. The company is headquartered in Patos and has a representative office in Tirana. The CEO of Albpetrol is Mr. Baftjar Zeqaj. Albpetrol is managing more than 1200 oil wells in the existing settlements of Patos, Ballsh, Karbunarë, Kuçovë, Gorisht-Kocul, Cakran-Mollaj and Amonicë. Albpetrol the eleventh-largest company in Albania measured by 2016 revenues (and the third largest state owned company ). Albpetrol profit for the fiscal year 2016 were US$13 million. The company is operating in 7 oilfields in Albania with a production of 110.000 Ton crude oil. During the last years Albpetrol has managed to have a sustainable position in the Albanian market. History In 1918, Italian geologist Leo Madalena drilled the first Albanian oil well near Drashovica (Vlorë). The well reached a depth of 200 meters and, d ...
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