Albania's transition from a socialist centrally planned economy to a capitalist mixed economy has been largely successful.[1] "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.[2]

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.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
A1 Report Consumer services Broadcasting & entertainment Tirana 2002 Television
ABC News Consumer services Broadcasting & entertainment Tirana 2010 Television
Ada Air Consumer services Airlines Tirana 1991 First Albanian airline, defunct 2007
Air Albania Consumer services Airlines Tirana 2018 National carrier
Albanian Airlines Consumer services Airlines Tirana 1991 National carrier, defunct 2011
Albanian Screen Consumer services Broadcasting & entertainment Tirana 2003 Television
Albanian-American Enterprise Fund Financials Equity investment instruments Tirana 1995 Private development
Albatros Airways Consumer services Airlines Tirana 2004 Low-cost airline, defunct 2006
Albawings Consumer services Airlines Tirana 2015 Airline
AlbChrome Basic materials Iron & steel Tirana 1948 Mining, heavy industry
Albanian Mobile Communications Telecomunitcations Mobile telecommunications Tirana 1996 Telecommunications, defunct 2015
Albcontrol Industrials Transportation services Tirana 1992 National air traffic agency
Albpetrol Oil & gas Exploration & production Patos 1992 Petroleum production
Albtelecom Telecommunications Fixed line telecommunications Tirana 1912 Privatized state provider
Antea Cement Industrials Building materials & fixtures Fushë-Krujë 2007 Cement, part of Titan Cement (Greece)
Balfin Group Financials Investment Tirana 1993
Bank of Albania Financials Banks Tirana 1925 Central bank
Banka Kombëtare Tregtare Financials Banks Tirana 1925 Commercial bank, part of Çalık Holding (Turkey)
Belle Air Consumer services Airlines Tirana 2005 Airline, defunct 2013
Big Market Consumer goods Food retailers & wholesalers Tirana 1999 Largest supermarket chain of Albania
Birra Kaon Consumer goods Brewers Tirana 1995 Brewery
Birra Korça Consumer goods Brewers Korçë 1928 Brewery
Birra Tirana Consumer goods Brewers Tirana 1961 Brewery
Coca-Cola Bottling Shqipëria Consumer goods Soft drinks Kashar 1994 Bottling company
Credins Bank Financials Banks Tirana 2003 Private bank
Digitalb Consumer services Broadcasting & entertainment Tirana 2004 Television
Eagle Mobile Telecommunications Mobile telecommunications Tirana 2008 Mobile telephony, part of Albtelecom
Eco Market Consumer goods Food retailers & wholesalers Tirana 2013 Supermarket chain
Electric Power Distribution Operator Utilities Conventional electricity Tirana 2008 Electrical distributor, state-owned
Hekurudha Shqiptare Industrials Railroads Durrës 1945 Railways
Intesa Sanpaolo Bank Albania Financials Banks Tirana 2008 Bank, previously American Bank of Albania
MEICO Industrials Defense Tirana 1991 Defense exports
Neptun Electronics Consumer goods Consumer electronics Tirana 2001 Largest electronic retailer in Albania
News 24 Consumer services Broadcasting & entertainment Tirana 2002 Television
Plus Communication Telecommunications Mobile telecommunications Tirana 2009
Port of Durrës Industrials Transportation services Durrës 2003[3] Authority operators of the largest port in Albania
Posta Shqiptare Industrials Delivery services Tirana 1912 Postal services
Raiffeisen Albania Financials Banks Tirana 2004 Bank, part of Raiffeisen Zentralbank (Austria)
Radio Televizioni Shqiptar Consumer services Broadcasting & entertainment Tirana 1938 Publicly Owned State Funded
SIGAL Financials Full line insurance Tirana 1999 Insurance company
Star Airways Consumer services Airlines Tirana 2008 Airline, defunct 2010
SuperSport Albania Consumer services Broadcasting & entertainment Tirana 2004 Part of Digitalb
Taçi Oil Oil & gas Exploration & production Tirana 2003 Exploration, production and marketing
Tafa Air Consumer services Airlines Tirana 2009 Airline, defunct 2010
Telekom Albania Telecommunications Mobile telecommunications Tirana 2015 Mobile, part of Deutsch Telekom (Germany)
Tirana Bank Financials Banks Tirana 1996 Bank, part of Piraeus Bank (Greece)
Top Channel Consumer services Broadcasting & entertainment Tirana 2002 Television, part of Digitalb
TV Klan Consumer services Broadcasting & entertainment Tirana 1997 Television
Union Bank (Albania) Financials Banks Tirana 2006 EBRD Owns 12.5%
United Bank of Albania Financials Banks Tirana 1994 40% of shares gone to Islamic Development Bank
Vizion Plus Consumer services Broadcasting & entertainment Tirana 1999 Television
Vodafone Albania Telecommunications Mobile telecommunications Tirana 2001 Part of Vodafone (UK)

See also

References

  1. ↑ "Albania". World Diplomacy. Retrieved 1 August 2014.
  2. ↑ "Albania » Overview". worldbank.org. Retrieved 18 October 2016.
  3. ↑ "Autoriteti Portual Durres". Apdurres.com.al. Retrieved 2017-12-20.
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