25th Jubilee

Gateway of the Balkans, Heart of Europe.

Country’s Official name: REPUBLIC OF ALBANIA

Political system: PARLIAMENTARY REPUBLIC

President: BAJRAM BEGAJ

Prime Minister: Edi RAMA

Capital: TIRANA

 

Other important cities: Durres, Shkodra, Vlora, Korca, Fier, Gjirokastra, etc.

The official language: ALBANIAN

The national Currency: LEKE

Population: 2.363.314 (Source: INSTAT January 2025)

Main Investment areas and sectors: Energy, Mining Industry, Oil and Gas, Tourism, Agriculture and Food, Manufacturing, BPO Industries, Telecommunications etc.

ALBANIA

LOCATION AND CLIMATE

Albania is a small country situated in South Eastern Europe in the West of Balkan Peninsula. It encompasses an area of 28,748 square kilometers, between 390 38’ and 420 39’ of North Latitude and 190 16’ to 210 40’ latitude, with a maximum length from north to south of about 340 kilometers and a maximum width of about 154 km.

Bordering Countries: northwest Montenegro, northeast Kosovo, east Macedonia, and to the southeast and south by Greece. To the west and southwest, the Adriatic and Ionian seas border Albania. Albania’s immediate western neighbor, Italy, lies some 80 km across the Adriatic. From the geographical position point of view, Albania represents a strategic point in crossing roads from Western Mediterranean Countries to Balkan and Small Asia.

Albania resides between two climatic areas: Mediterranean zone and Continental zone of Central Europe. Average annual temperature is around 13-14 degrees. Higher temperatures existing in the western part of the country decrease with almost 5 degrees in North and East Albania. July is hottest month, whereas January and sometimes February the coldest ones. Average annual rainfall is about 1.485 mm with a stable distribution. July and rarely August is the driest month of the year, whereas November and sometimes December are the wettest ones.

Membership is open to all Foreign Investors, Representatives companies and International Organizations working in Albania.