Tirana, 29 June 2021 / The Secretariat of the Investment Council, in cooperation with the Ministry of Finance and Economy, organized a technical consultation on the draft law “On the Development of Micro, Small and Medium Enterprises”. The consultation was held following the Investment Council’s recent meeting “On the Consultation of the New Draft Strategy for Business and Investments Promotion …

Tirana, 21 June 2021 / Chaired by the Minister of Finance and Economy Ms Anila Denaj, the Investment Council (IC) held a plenary meeting to discuss the draft Business and Investments Development Strategy (BIDS) for 2021-2027. The meeting was attended by IC members, as well as other representatives from the public and private sector, and development agencies.

Minister Denaj stated in her speech …

Acceleration of digital agenda and business innovation for Albania – time to fully engage in and maximize current country’s intervention and support

Tirana, 26 May 2021/ RisiAlbania in collaboration with the Secretariat of Albania Investment Council hosted a virtual roundtable to explore and discuss with the private sector, the arising challenges and opportunities of doing business in a new digital era …

Time to quickly react since not everyone can go “fast digital”?

Tirana, 23 March 2021 / The Investment Council (IC) held a virtual plenary meeting to discuss main challenges and recommendations for fostering innovation in entrepreneurship, with a focus on the governance of the ecosystem, cooperation in the context of the “quadruple helix”, access to finance, and digital economy. The meeting …

Albanian companies – not only consumers but can also producers of innovation?!

Tirana, 12 March 2021 / The Secretariat of Albania Investment Council, in collaboration with INNVEST, organized a focus group meeting to discuss at the technical level main business challenges to access innovation. The event attracted the attention of various stakeholders from the public and private sector, as well as …

Tirana, 22 January 2021/ The new fiscalization process started implementation on 1 January 2021, and besides the numerous advantages it brings, businesses are expected to face some challenges during the first phase of implementation. In view of this, the Secretariat of the Investment Council, in cooperation with the General Tax Directorate organized a technical discussion with the private sector (around …

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 representatives of chambers of commerce and business associations, …

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 focus on vegetables, fruits, nuts and medicinal and aromatic …

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 www.ebrd-restructuring.com.

The European Bank for Reconstruction and Development (EBRD) is conducting an assessment on business restructuring tools in …

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), limited availability of collateral, and low levels of …