Economy of Albania |
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Overview |
Albanian topics |
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.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
A1 Report | Consumer services | Broadcasting & entertainment | Tirana | 2002 | Television | P | A |
ABC News | Consumer services | Broadcasting & entertainment | Tirana | 2010 | Television | P | A |
Ada Air | Consumer services | Airlines | Tirana | 1991 | First Albanian airline, defunct 2007 | P | D |
Air Albania | Consumer services | Airlines | Tirana | 2018 | National carrier | P | A |
Albanian Airlines | Consumer services | Airlines | Tirana | 1991 | National carrier, defunct 2011 | P | D |
Albanian Screen | Consumer services | Broadcasting & entertainment | Tirana | 2003 | Television | P | A |
Albanian-American Enterprise Fund | Financials | Equity investment instruments | Tirana | 1995 | Private development | P | A |
Albatros Airways | Consumer services | Airlines | Tirana | 2004 | Low-cost airline, defunct 2006 | P | D |
Albawings | Consumer services | Airlines | Tirana | 2015 | Airline | P | D |
AlbChrome | Basic materials | Iron & steel | Tirana | 1948 | Mining, heavy industry | P | A |
Albanian Mobile Communications | Telecomunitcations | Mobile telecommunications | Tirana | 1996 | Telecommunications, defunct 2015 | P | D |
Albanian Power Corporation | Utilities | Conventional electricity | Tirana | 1957 | Electrical distributor, state-owned | S | A |
Albcontrol | Industrials | Transportation services | Tirana | 1992 | National air traffic agency | P | A |
Albpetrol | Oil & gas | Exploration & production | Patos | 1992 | Petroleum production | P | A |
Albtelecom | Telecommunications | Fixed line telecommunications | Tirana | 1912 | Privatized state provider | P | A |
Antea Cement | Industrials | Building materials & fixtures | Fushë-Krujë | 2007 | Cement, part of Titan Cement (Greece) | P | A |
Balfin Group | Financials | Investment | Tirana | 1993 | P | A | |
Bank of Albania | Financials | Banks | Tirana | 1925 | Central bank | S | A |
Banka Kombëtare Tregtare | Financials | Banks | Tirana | 1925 | Commercial bank, part of Çalık Holding (Turkey) | P | A |
Belle Air | Consumer services | Airlines | Tirana | 2005 | Airline, defunct 2013 | P | D |
Big Market | Consumer goods | Food retailers & wholesalers | Tirana | 1999 | Largest supermarket chain of Albania | P | A |
Birra Kaon | Consumer goods | Brewers | Tirana | 1995 | Brewery | P | A |
Birra Korça | Consumer goods | Brewers | Korçë | 1928 | Brewery | P | A |
Birra Tirana | Consumer goods | Brewers | Tirana | 1961 | Brewery | P | A |
Coca-Cola Bottling Shqipëria | Consumer goods | Soft drinks | Kashar | 1994 | Bottling company | P | A |
Credins Bank | Financials | Banks | Tirana | 2003 | Private bank | P | A |
Digitalb | Consumer services | Broadcasting & entertainment | Tirana | 2004 | Television | P | A |
Eagle Mobile | Telecommunications | Mobile telecommunications | Tirana | 2008 | Mobile telephony, part of Albtelecom | P | A |
Eco Market | Consumer goods | Food retailers & wholesalers | Tirana | 2013 | Supermarket chain | P | A |
Electric Power Distribution Operator | Utilities | Conventional electricity | Tirana | 2008 | Electrical distributor, state-owned | S | A |
Hekurudha Shqiptare | Industrials | Railroads | Durrës | 1945 | Railways | S | A |
Ferlut SH. a. | Industrials | Transportation | Tirana | 1992 | Transportation | S | A |
Civil Aviation Authority (Albania) | Industrials | Transportation | Tirana | 1991 | Transportation | S | A |
Intesa Sanpaolo Bank Albania | Financials | Banks | Tirana | 2008 | Bank, previously American Bank of Albania | P | A |
MEICO | Industrials | Defense | Tirana | 1991 | Defense exports | S | A |
Neptun Electronics | Consumer goods | Consumer electronics | Tirana | 2001 | Largest electronic retailer in Albania | P | A |
News 24 | Consumer services | Broadcasting & entertainment | Tirana | 2002 | Television | P | A |
Plus Communication | Telecommunications | Mobile telecommunications | Tirana | 2009 | P | A | |
Port of Durrës | Industrials | Transportation services | Durrës | 2003 | Authority operators of the largest port in Albania | P | A |
Posta Shqiptare | Industrials | Delivery services | Tirana | 1912 | Postal services | S | A |
Raiffeisen Albania | Financials | Banks | Tirana | 2004 | Bank, part of Raiffeisen Zentralbank (Austria) | P | A |
Radio Televizioni Shqiptar | Consumer services | Broadcasting & entertainment | Tirana | 1938 | Publicly Owned State Funded | S | A |
SIGAL | Financials | Full line insurance | Tirana | 1999 | Insurance company | P | A |
Star Airways | Consumer services | Airlines | Tirana | 2008 | Airline, defunct 2010 | P | D |
SuperSport Albania | Consumer services | Broadcasting & entertainment | Tirana | 2004 | Part of Digitalb | P | A |
Taçi Oil | Oil & gas | Exploration & production | Tirana | 2003 | Exploration, production and marketing | P | A |
Tafa Air | Consumer services | Airlines | Tirana | 2009 | Airline, defunct 2010 | P | D |
Telekom Albania | Telecommunications | Mobile telecommunications | Tirana | 2015 | Mobile, part of Deutsch Telekom (Germany) | P | A |
Tirana Bank | Financials | Banks | Tirana | 1996 | Bank, part of Piraeus Bank (Greece) | P | A |
Top Channel | Consumer services | Broadcasting & entertainment | Tirana | 2002 | Television, part of Digitalb | P | A |
TV Klan | Consumer services | Broadcasting & entertainment | Tirana | 1997 | Television | P | A |
Union Bank (Albania) | Financials | Banks | Tirana | 2006 | EBRD Owns 12.5% | P | A |
United Bank of Albania | Financials | Banks | Tirana | 1994 | 40% of shares gone to Islamic Development Bank | P | A |
Vizion Plus | Consumer services | Broadcasting & entertainment | Tirana | 1999 | Television | P | A |
Vodafone Albania | Telecommunications | Mobile telecommunications | Tirana | 2001 | Part of Vodafone (UK) | P | A |
- The Antea Cement factory in Fushë-Krujë
- The Bank of Albania, in Tirana's Skanderbeg Square
- Vinyard in Përmet
- ALBtelecom headquarters in Kashar, Tirane
- Birra Tirana
See also
- Category:Albanian brands
- List of airlines of Albania
- List of banks in Albania
- List of supermarket chains in Albania
References
- "Albania". World Diplomacy. Retrieved 1 August 2014.
- "Albania » Overview". worldbank.org. Retrieved 18 October 2016.
- "Autoriteti Portual Durres". Apdurres.com.al. Retrieved 2017-12-20.
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