Albania Business Digest
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Reporting on business and economy news in Albania

Press Releases

Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Albania Business Digest.

Experts say Albania’s elections will reshape politics in the Western Balkans

Experts say Albania’s elections will reshape politics in the Western Balkans

New report by New Lines Institute gives insight into Albania’s democratic fragility, corruption reform efforts, and impact on stability in the Western Balkans. WASHINGTON D.C. , DC, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- New Lines...

Vlora, Albania to Transform into the City of Dance for DansMusik Fest 2025

Vlora, Albania to Transform into the City of Dance for DansMusik Fest 2025

August 18-23, 2025 – Vlora, Albania VLORE, VLORA, ALBANIA, May 2, 2025 /⁨EINPresswire.com⁩/ -- Following the resounding success of last year’s DansMusik Fest, which drew over 25,000 fans to witness headliner DJ Steve Aoki at Lungomare, Vlora is...

Albanian Minerals Unveils Green Magnesium: A Breakthrough for Clean Water and Climate Action

Albanian Minerals Unveils Green Magnesium: A Breakthrough for Clean Water and Climate Action

NEW YORK CITY, NY, UNITED STATES, March 20, 2025 /⁨EINPresswire.com⁩/ -- Albanian Minerals Unveils Groundbreaking Green Magnesium: A Revolutionary Step Towards Water Purification and Environmental Restoration Albanian Minerals is finalizing the...

Balfour Capital Group Welcomes Gerald Kotollaku as Investment Advisor

Balfour Capital Group Welcomes Gerald Kotollaku as Investment Advisor

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, July 1, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is proud to welcome Gerald Kotollaku to its global advisory platform. With a strong record in financial analysis, risk...

WiseEuropa’s RenovAID Project Drives Energy Efficiency in Buildings Across Albania and Kosovo

WiseEuropa’s RenovAID Project Drives Energy Efficiency in Buildings Across Albania and Kosovo

WARSAW, Poland, April 10, 2025 (GLOBE NEWSWIRE) -- The RenovAID - Multi-level Structural Support for Improving Energy Efficiency in Buildings in Kosovo and Albania project, part of the European Climate Initiative (EUKI), has released its latest...

Cosmos Health Launches Sky Premium Life in Albania through Partnership with Pharma Cell; Secures Initial $300,000 Order

Cosmos Health Launches Sky Premium Life in Albania through Partnership with Pharma Cell; Secures Initial $300,000 Order

CHICAGO, April 08, 2025 (GLOBE NEWSWIRE) -- Cosmos Health Inc. ("Cosmos Health" or the “Company'') (NASDAQ:COSM), a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and...

Piero Cipollone: The quest for cheaper and faster cross-border payments: regional and global solutions

Piero Cipollone: The quest for cheaper and faster cross-border payments: regional and global solutions

Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the BIS Annual General Meeting Basel, 27 June 2025 Cross-border retail payments are the subject of increasing attention. This is for two main reasons. First, they play a...

Merging Blockchain and Sustainability: Three New Green Cryptocurrencies Unveiled

Merging Blockchain and Sustainability: Three New Green Cryptocurrencies Unveiled

NEW YORK, NY, UNITED STATES, April 4, 2025 /⁨EINPresswire.com⁩/ -- Albanian Minerals to Launch Three Revolutionary Green Cryptocurrencies Backed by Vast Mineral Assets In an era defined by the urgent need for sustainable innovation, Albanian...

Costa Rica’s and Albania’s accessions to the GPA 2012 edge closer to conclusion

Costa Rica’s and Albania’s accessions to the GPA 2012 edge closer to conclusion

Progress on accessions to the GPA 2012 Parties welcomed Costa Rica's "final" market access offer submitted in January 2025. Reaffirming its strong commitment to acceding to the GPA 2012 as soon as practicable, Costa Rica's representative, Leonor...

 The Future is Magnesium: Pioneering New Products and a Digital Currency Revolution

The Future is Magnesium: Pioneering New Products and a Digital Currency Revolution

NEW YORK CITY, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- This year, Albanian Minerals unveils two groundbreaking innovations, harnessing the power of the world's largest green magnesium reserves to shape the future of both...

Intesa Sanpaolo has partnered with the EIB to provide nearly €660m to promote economic growth in the CEE region since 2020

Intesa Sanpaolo has partnered with the EIB to provide nearly €660m to promote economic growth in the CEE region since 2020

Paola Papanicolaou, Head of Intesa Sanpaolo’s International Banks Division MILAN, March 17, 2025 (GLOBE NEWSWIRE) -- Speaking at the EIB Forum in Luxembourg this month, Paola Papanicolaou, the head of Intesa Sanpaolo’s International Banks Division...

SC Capital Holding in Advanced Talks for Strategic Hospitality Acquisition in Cyprus

SC Capital Holding in Advanced Talks for Strategic Hospitality Acquisition in Cyprus

ZUG, Switzerland, July 01, 2025 (GLOBE NEWSWIRE) -- Switzerland-based SC Capital Holding AG confirmed today that it is in late-stage discussions to acquire a landmark luxury hotel on the southern coast of Cyprus, marking the firm’s entry into the...

Ilham Aliyev met with President of Albania

Ilham Aliyev met with President of Albania

AZERBAIJAN, March 13 - On March 13, Ilham Aliyev, President of the Republic of Azerbaijan, met with Bajram Begaj, President of the Republic of Albania. Bajram Begaj conveyed his congratulations to his Azerbaijani counterpart on the successful...

PHX Energy Announces All-Time Record Fourth Quarter and Annual Revenue and Strong Financial Results

PHX Energy Announces All-Time Record Fourth Quarter and Annual Revenue and Strong Financial Results

CALGARY, Alberta, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Fourth Quarter Highlights For the three-month period ended December 31, 2024, PHX Energy generated consolidated revenue of $178.7 million, the highest level of fourth quarter revenue on record...

 Albanian Minerals to Launch Eco-Friendly Green Magnesium, Charting a Path to Global Environmental Harmony

Albanian Minerals to Launch Eco-Friendly Green Magnesium, Charting a Path to Global Environmental Harmony

NEW YORK, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Albanian Minerals to Unveil Revolutionary Green Magnesium Product in 2025: A Breakthrough for Sustainability and Global Health Albanian Minerals, a vanguard in sustainable...

N2OFF and Solterra Unite to Pioneer Solar PV Development in Albania

N2OFF and Solterra Unite to Pioneer Solar PV Development in Albania

This new collaboration was driven by the successful fast tracking of joint projects in Germany and Italy follows the recently signed three-way clean energy cooperation agreement between Italy, Albania, and the United Arab Emirates Neve Yarak,...

Timor-Leste kicks off negotiations to join Government Procurement Agreement

Timor-Leste kicks off negotiations to join Government Procurement Agreement

Ambassador Antonio Da Conceicao of Timor-Leste stated to the Committee: "Joining the Government Procurement Agreement is part of a broader national strategy to strengthen good governance, align with international standards and support our...

ITALY: Government considering new use for detention centres in Albania after third failed transfer ― Continued controversy and ICC investigation over deportation of Libyan war crimes suspect ― Refugee rights activists among people targeted in spyware a…

ITALY: Government considering new use for detention centres in Albania after third failed transfer ― Continued controversy and ICC investigation over deportation of Libyan war crimes suspect ― Refugee rights activists among people targeted in spyware a…

The government is reportedly investigating the possibility of repurposing its controversial detention centres in Albania into repatriation centres. The impacts of the government’s decision to release and deport a Libyan general who is subject to...

MEDITERRANEAN: More deaths and rescues ― German government to stop funding ‘civil fleet’ ― Spanish police investigating murders of people on the move near Balearic Islands ― NGO report reveals use of torture against people on the move ― Greece deploys …

MEDITERRANEAN: More deaths and rescues ― German government to stop funding ‘civil fleet’ ― Spanish police investigating murders of people on the move near Balearic Islands ― NGO report reveals use of torture against people on the move ― Greece deploys …

There have been more deaths and NGO-led rescues along the Mediterranean migration routes. The German government has announced that it is cancelling the funding that it has been providing to search and rescue NGOs since 2022. Spanish police have...

LeadrPro and YourInterviewer Goes Fully Remote As CEO Runs Both AI Companies from Crete

LeadrPro and YourInterviewer Goes Fully Remote As CEO Runs Both AI Companies from Crete

LOS ANGELES, CA, UNITED STATES, February 3, 2025 /⁨EINPresswire.com⁩/ -- LeadrPro and YourInterviewer CEO, Chris Sheng, announced both companies are now fully remote as he runs both businesses entirely from Crete. LeadrPro, an agentic AI...

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