Genta Hodo

The European Bank for Reconstruction and Development (EBRD) said it is providing Albania’s state-owned energy corporation KESH a 30 million euro ($32 million) sovereign-guaranteed loan for the develo

Albania-Kosovo power exchange Alpex said on Monday that Kosovo-based energy company GSA Energji became the seventh member of the exchange for the Kosovo bidding zone.GSA Energji will now be able to t

BKT Kosova will provide services for clearing and settlement of financial transactions for members of Alpex in the Kosovo bidding zone, Alpex said in a LinkedIn post on Monday.

Albania's central bank said on Tuesday that the foreign exchange (FX) reserves it held at the end of March totalled $5.5 billion (5.14 billion euro), up from $4.97 billion a year earlier.On a monthly

Net interest income grew 19% to 18 million euro in the January-March quarter, while net fee and commission income fell 9% year-on-year at 3 million euro, RBI said in an interim quarterly financial report.

Raiffeisen Bank International (RBI) said on Thursday that its after-tax profit in Albania rose to 21 million euro ($22.5 million) in the first quarter of 2024, up from 18 million euro in the same per

The Albanian unit of Hungarian crane manufacturer Gemtech has expressed interest to develop a 10 MW solar photovoltaic (PV) power plant near the southwestern city of Fier, the energy ministry in Tira

The rise was supported by increased confidence in industry, services and trade, Bank of Albania said in a monthly business and consumer confidence survey.

Bulgarian airline GP Aviation, through its wholly-owned Kosovo subsidiary, will introduce a new route connecting Kosovo's capital Pristina to Bulgaria’s Black Sea coastal city of Burgas, the operator

The total volume of electricity traded in the Kosovo-Albanian power exchange Alpex day-ahead market (DAM) amounted to 157.8 GWh in April, its third month of cross-zone trading, Alpex said.Of the tota