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FIAA Industrial Talks IV – Meeting with the Telecommunication and Information Technology Members

October 23, 2020
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In the ambit of industrial talks with members, FIAA held another interesting meeting with representatives from the telecommunication and Information Technology industries.

The meeting was very fruitful as it brought more insights from the invited participants, sharing their experiences during the Pandemic, difficulties, challenges, as well as learned on the industry concerns and their perspectives on the current doing business in the country.

Despite the pandemic difficulties, which have affected all businesses, telecommunication and Information Technology industries have been performing good. They have found new operational ways to keep their business ongoing, serve their customers properly and most importantly to maintain their staff at work and perform efficiently even from the “new Home Offices trend”, which they have shifted to.

This Member’s Category, were also informed by the FIAA Chairman on the current initiatives of FIAA and were encouraged to share their concerns and recommendations on presenting the Official Opinion of FIAA properly.

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Skavica HPP, a 100% state-funded project, to boost renewable energy generation capacity

October 15, 2020
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During the recent visit of Keith Krach, Under Secretary for Economic Growth, Energy, and the Environment, the United States and Albania signed a historic memorandum of economic cooperation between the two countries. This memorandum is considered a significant achievement in elevating the economic relations between Albania and USA. The US firm – Bechtel signed an agreement for the construction of the Skavica hydropower plant, which seems to be the largest contract ever awarded to a sole U.S. firm, is a very good start.

The PM of Albania stated that the Skavica hydropower plant, a 100% Albanian government-funded project, enters the path to finalization. The procedures for this strategic project for energy independence designed to turn Albania into a key factor in the region’s energy sector.

For more information please visit: https://www.kryeministria.al/en/newsroom/me-skavicen-100-kapital-shteteror-rrisim-kapacitetin-e-prodhimit-te-energjise-se-paster/

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FIAA Industrial Talks III – Meeting with the Oil Industry Member

October 10, 2020
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FIAA’s Chairman and Executive Director meet the new Chairman of Shell Industries in Albania

Chairman and Executive Director of FIAA have welcomed to a business network Mr. Ante Frens, successor of Mr. Rohan D’Souza, Chairman of the Shell Industries in Albania and FIAA Board Member. Shell Companies in Albania have joined FIAA from the very beginning and represent good business practices and ethics in our country. Shell Companies have served continuously in the FIAA Board and supported with their experience and know-how.  The new Chairman was introduced with other FIAA members and was briefed on the mission and work of FIAA in Albania.

 

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FIAA Industrial Talks II – Meeting with Board Members

October 10, 2020
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In the ambit of FIAA industrial talks, the Board Members have meet to share concerns and perspectives on the current doing business in the country. Representing different industries in the country, the Board have shared their experiences and perceptions coming from banking, consultancy, real estate development, oil industry, infrastructure and telecommunication.

In view of the fact that Albania is now preparing for the Electoral Run of the political Parties, the Board of FIAA considers as very important the communication with the members, the Government, Opposition and other Players in the political Arena, stressing stronger than ever, improvement of the Business climate in the country.

As such, prior to the upcoming election campaigns, FIAA will soon publish an official manifest consisting on the Top concerns from Business and address it to the parties and interested stakeholders.

Four years ago, FIAA addressed their business concerns through the White Book 2017-2021, an official Document given to the New Government of that time, which would serve as a Work Guide, by using a new format of dialogue between Albanian Authorities and the Foreign Business Community and not only. The goal here was the creation of Ad-Hoc Working Groups with Experts from both Public Administration and Business Representatives, in order to define concrete measures and implement recommendations coming from the White Book. This initiative came out during the discussions on the purpose of the White Book with the Representatives of FIAA. A good part of the FIAA White Book has been accomplished, but still remains a lot to do.

The New Edition of the White Book will be soon under preparation and will include all business concerns and their technical aspects, along with relevant recommendations coming from our members directly.

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FIAA Industrial Talks – Meeting with the Energy Sector Companies

October 6, 2020
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FIAA considers as highly important to further develop communication and discuss among each other on the issues members from respective industries are facingIn this ambit, member businesses of the energy sector, have meet with FIAA’s Chairman, Dr. Constantin Von Alvensleben sharing their concerns and perspectives on the current doing business in the country.

For every business, 2020 has been a tough year but, in particular for those businesses heavily affected by the Pandemic. With a good will and hope to getting back to normality, FIAA is undertaking a series of meetings/industrial talks with its members in order to catch up with the relevant concerns and developments, as well as to create some networking opportunities as a very useful tool for the businesses.

The present members highlighted as very important and most concerning, the need for consistent communication with the Ministry of Infrastructure and Energy, which has often lacked feedback and consultation as a direct interest group for draft laws or directives affecting their businesses. Other issues brought in the table were related to the tax authorities and Ministry of Finance, Local Authorities fees etc.

In the recent months, FIAA has addressed several communications and letters to the Ministry of Energy and will keep pushing to restore communication and follow any request from Members to further support them.

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EBRD LAUNCHES ASSESSMENT TOOL TO HELP MITIGATE CORONAVIRUS IMPACT

October 4, 2020
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The European Bank for Reconstruction and Development (EBRD) is conducting an assessment on business restructuring tools in all 38 economies where the EBRD is active. The assessment aims to provide detailed guidance on legislative gaps to address an expected increase in businesses needing to use formal restructuring procedures following the coronavirus pandemic. It also aims to provide an overview of the options within pre-insolvency and insolvency frameworks across these economies.

For more information read here: https://www.investment.com.al/ebrd-launches-assessment-tool-to-help-mitigate-coronavirus-impact/

 

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MARLOTEX shpk donates masks to Institutions and Citizens in Albania

October 2, 2020
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Marlotex shpk is a manufacturing company operating in Berat with more than 15 years in Albania, led by Mr. Gasmen Toska and Mrs. Teuta Qose. Under the circumstances created by Covid-19 Pandemic, this company from the beginning of the lockdown has been adapted to the new reality by shifting its production to Masks and Gloves. Due to lack of local production for basic products such as textile masks, there was a high  demand also from outside Albania, which made Marlotex shift their  production to handle the high demand to providing these products, channelizing production to 8 companies in Albania and giving work to about 200 employees who have worked in mask ‘production units.

As part of their company’s social responsibility Program, they have been also continuously offering protective masks to their staff and their respective families.

Up to now, 75,000 qualitative and reusable masks have been donated for free, and they continue donating to: the Municipality of Berat, the Police Forces in Berat, Prison, Pensioners and people in need in the city, as well as to the Municipalities of Korca, Elbasan and Tirana, and to Mother Theresa Hospital Center and Air Forces in the “Mother Theresa Airport” in Rinas.

The company aims to donate up to 100, 000 masks before the end of 2020.

The marketing strategy of Marlotex bases on diversifying products’ range. They operate in 5 different markets with 5 different goods, which are not related to each other. In principle this policy gives the company more resilience in times of crisis and more chances of resistance.

FIAA is very proud that its Member, Marlotex in Albania contributes to making a difference in these difficult times and becomes a model of generosity and acts with social responsibility.

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Official announcement by Vodafone Albania

July 16, 2020
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Official announcement by Vodafone Albania

Vodafone notes the press speculations that are circulating in the Albanian market regarding a potential exit of the company from the market.

Vodafone strongly denies these speculations.

Vodafone is the largest and most consistent foreign investor in the country. Vodafone recently acquired the largest Albanian Broadband company ABCOM, and is currently underway in executing a very significant 500 million Euro infrastructure investment plan which will materially change the quality of fixed and TV services to the benefit of all Albanians.

Vodafone emphasizes the commitment to the Albanian market as part of its core European Operations.

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Njoftim zyrtar nga Vodafone Albania

Vodafone u njoftua sot mbi disa spekulime që po qarkullojnë në tregun Shqiptar, mbi mundësinë e tërheqjes së kompanisë Vodafone nga Shqipëria.

Vodafone mohon kategorikisht këtë lajm.

Vodafone është një prej Investitorëve të huaj më të mëdhenj dhe të qëndrueshëm në vend. Se fundmi, kompania ka zgjeruar aktivitietin e saj me blerjen e operatorit fiks Abcom, dhe aktualisht po nis një plan Investimi në infrastrukturën e rrjetit me vlerë 500 milion Euro, investim ky që do ndryshojë rrënjësisht cilësinë e shërbimeve fikse dhe TV për klientët Shqiptar.

Vodafone konfirmon angazhimin e saj në tregun shqiptar si një prej tregjeve kyçe të Vodafone në Europë.

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MARLOTEX shpk donates masks to Institutions and Citizens in Albania

July 13, 2020
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Marlotex shpk is a manufacturing company operating in Berat with more than 15 years in Albania, led by Mr. Gasmen Toska and Mrs. Teuta Qose. Under the new circumstances created by Covid-19 Pandemic, this company from the beginning of the lockdown has been adapted to the new reality by shifting its production to Masks and Gloves. Due to lack of local production for basic products such as textile masks, there was a high  demand also from outside Albania, which made Marlotex shift their  production to handle the high demand to providing these products, channelizing production to 8 companies in Albania and giving work to about 200 employees who have worked in mask ‘production units.

As part of their company’s social responsibility Program, they have been also continuously offering protective masks to their staff and their respective families.

Furthermore, over 50,000 qualitative and reusable masks have been donated for free so far and they continue donating to: the Municipality of Berat, the Police Forces in Berat, Prison, Pensioners and people in need in the city, as well as to the Municipalities of Korca, Elbasan and Tirana, and to Mother Theresa Hospital Center and Air Forces in the “Mother Theresa Airport”in Rinas.

The marketing strategy of Marlotex bases on diversifying products’ range. They operate in 5 different markets with 5 different goods, which are not related to each other. In principle this policy gives the company more resilience in times of crisis and more chances of resistance.

FIAA is very proud that its Member, Marlotex in Albania contributes to making a difference in these difficult times and becomes a model of generosity and acts with social responsibility.

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