Consultation of the Draft Law “For the Support and Development of Innovative Start-ups”

November 25, 2020 Tirana, November 25, 2020 / The Secretariat of the Investment Council consulted with interested stakeholders the draft law “For the Support and Development of Innovative Start-ups”. Organised in collaboration with the Minister of State for Entrepreneurship and the Ministry of Finance and Economy, the meeting drew the attention of 50 participants, mainly […]

Investment Council discusses challenges and recommendations to capitalize on the investment potentials in the agro-processing sector

November 10, 2020 What interventions (government-business-donor) are necessary at the sectorial level to speed up agro-processing SMEs to expand current and/or new investments?   Tirana, 10 November 2020 / On Tuesday, the Investment Council (IC) held a virtual plenary meeting to discuss main challenges and recommendations for the promotion of the agro-processing investments, with a […]

EBRD launches assessment tool to help mitigate coronavirus impact

Online Insolvency Assessment on Business Restructuring Many businesses in EBRD regions affected by the pandemic will need restructuring support National legislation assessment will assist in addressing gaps in insolvency frameworks Online questionnaire will be available for public consultation until 31 October 2020 at   The European Bank for Reconstruction and Development (EBRD) is conducting […]

Efficient Use of Public Credit Guarantee Schemes Can Increase Small and Medium Enterprises’ Access to Finance in Albania

July 27, 2020 Tirana, 27 July 2020 – Micro, small, and medium enterprises (MSMEs) in Albania are significant contributors to the Albanian economy, accounting for 99.8 percent of active enterprises. They employ 79.8 percent of the workforce and realize around 69 percent of value added. This sector is generally characterized by high informality (especially in agriculture), […]

International Conference of Investment Councils: Understanding challenges and opportunities to quickly support businesses and governments

June 2-3, 2020 Virtual Conference of the Investment Councils supported by the European Bank for Reconstruction and Development 2020 “Supporting EBRD’s Countries of Operations in economic recovery from the Covid-19 pandemic: putting Investment Councils at the centre of the response” The annual event brought together 12 EBRD-supported Investment Councils from Albania, Montenegro, Kosovo, Moldova, Georgia, […]

Investment Council Promotes Inter-Institutional Collaboration through Coordination of Working Groups in Priority Sectors of the Economy

3 Working Groups on Investment Promotion, in the areas of: Energy Agro-industry Digitalisation 2 Working Groups to tackle: The issue raised by the business related to the freezing and unfreezing of the taxpayers’ accounts by the commercial banks based on pertinent orders issued by the tax and local tariffs directorates within municipalities Additional concerns raised […]

Investment Council holds emergency meeting about pandemic impact on the business

April 14, 2020 Tirana, 14 April 2020 – On Tuesday, the Investment Council (IC) held an extraordinary meeting via Zoom teleconferencing to discuss the impact of the COVID-19 pandemic on the business in Albania, with a focus on financial and economic measures taken by the government to cope with the consequences of the pandemic, observations […]

Investment Council discusses on the Interaction between Municipalities and Business

January 27, 2020 Tirana, Monday, 27 January 2020 / The Investment Council held a plenary meeting with the agenda item “On the Interaction Between the Municipalities and the Business – Transparency, Services and Local Economic Development,” chaired by the Minister of Finance and Economy, Ms Anila Denaj. Attended the meeting the Minister for the Protection of Entrepreneurship, […]