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En clair

This section explains how Albania earns its money — tourism, farming, energy, factories and money sent home from abroad.

Nothing in this section is investment advice or a recommendation about any company or security. Where a figure appears it carries its own observation period and source; figures a company does not publish are left blank rather than estimated.

Industries

11
Industrie

Tourism in Albania

The fastest-growing part of the economy, concentrated on the southern coast and in a short summer season.

Albanian Economy
Industrie

Agriculture in Albania

A large share of employment on very small holdings — the legacy of the 1991 land redistribution.

Albanian Economy
Industrie

Banking and Finance

A euroised, foreign-owned banking sector supervised by the Bank of Albania.

Albanian Economy
Industrie

Construction and Real Estate

One of the largest contributors to growth, and the sector most exposed to tourism demand.

Albanian Economy
Industrie

Trade and Exports

Italy is by a wide margin the largest partner; exports are led by textiles, minerals, oil and agri-food.

Albanian Economy
Industrie

Remittances

Money sent home by Albanians abroad — a large and stabilising share of national income.

Albanian Economy
Industrie

Technology and Outsourcing

Call centres and IT services for the Italian market, and a small but growing software sector.

Albanian Economy
Industrie

Textiles and Footwear (Fason)

Cut-make-trim contract manufacturing for Italian brands — long one of Albania's largest goods exports.

Albanian Economy
Industrie

Mining in Albania

Chromium above all — Albania has long been among the larger world producers — plus copper and nickel.

Albanian Economy
Industrie

Oil and Gas in Albania

Heavy onshore crude from Patos-Marinza, produced since the 1920s and refined at Ballsh.

Albanian Economy

Entreprises

13
Entreprise

Air Albania

The national flag carrier, launched in 2018 with Turkish Airlines as a founding shareholder.

Tirane
Entreprise

KESH

The state generator that runs the Drin cascade and supplies most Albanian electricity.

Tirane
Entreprise

Balfin Group

One of the largest private groups in the western Balkans, spanning shopping centres, retail and mining.

Tirane
Entreprise

Bankers Petroleum

The Canadian-listed operator that redeveloped Patos-Marinza, acquired by China's Geo-Jade Petroleum in 2016.

Fier
Entreprise

One Albania

Albania's first mobile operator, formerly AMC and then Telekom Albania, now merged with Albtelecom.

Tirane
Entreprise

Kastrati Group

A fuel and logistics group that also holds an interest in Air Albania and in airport operations.

Tirane
Entreprise

Banka Kombëtare Tregtare

One of Albania's largest commercial banks, part of Turkey's Çalık Holding.

Tirane
Entreprise

Vodafone Albania

The country's other main mobile network, operating since 2001.

Tirane
Entreprise

Albtelecom

The former state telecoms monopoly, merged with One Albania in 2023.

Tirane
Entreprise

Credins Bank

A large domestically founded commercial bank.

Tirane
Entreprise

OST and OSHEE

The transmission system operator and the distribution company that together move Albania's power.

Tirane
Entreprise

Kurum International

The Turkish group that took over the Elbasan steel complex and several hydropower assets.

Elbasan
Entreprise

Antea Cement

A large cement plant at Boka e Kuqe near Krujë, built by TITAN Cement.

Durres