corporate governance

Why does Albania remain outside the stock market?

In a context where the Albanian economy has demonstrated steady growth and several leading companies have achieved significant financial turnover—often surpassing the average capacity of comparable markets in the region, the absence of a developed stock market continues to be...

Public Enterprises, an invisible burden for Albanian citizens

In Albania, public enterprises have become a symbol of mismanagement and continuous losses. Around 70–80% operate with negative results or minimal profit margins, while accumulated losses in key sectors such as energy, water supply, public transport, and waste management reach...

Foreign company branch and inclusion of Partners

In accordance with Law no. 9901, dated 14.04.2008 “On Traders and Commercial Companies,” we clarify the distinction between a “Foreign Company Branch” and a “Commercial Company” as two different forms of conducting economic activity in Albania. A foreign company branch represents...

Corruption, corporate governance and allocation of Oil Funds

Oil government take, which derives from effects of PSAs could create incentives to “corruption” at various stages of the oil value chain including exploration, development, and production and trading. If left unaddressed, these vulnerabilities could result in the misappropriation...

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