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Energy in Albania
Electricity almost entirely from hydropower — which makes supply depend on rainfall.
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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.
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Tourism in Albania
The fastest-growing part of the economy, concentrated on the southern coast and in a short summer season.
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Agriculture in Albania
A large share of employment on very small holdings — the legacy of the 1991 land redistribution.
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Banking and Finance
A euroised, foreign-owned banking sector supervised by the Bank of Albania.
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Construction and Real Estate
One of the largest contributors to growth, and the sector most exposed to tourism demand.
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Trade and Exports
Italy is by a wide margin the largest partner; exports are led by textiles, minerals, oil and agri-food.
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Remittances
Money sent home by Albanians abroad — a large and stabilising share of national income.
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Technology and Outsourcing
Call centres and IT services for the Italian market, and a small but growing software sector.
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Textiles and Footwear (Fason)
Cut-make-trim contract manufacturing for Italian brands — long one of Albania's largest goods exports.
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Mining in Albania
Chromium above all — Albania has long been among the larger world producers — plus copper and nickel.
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Oil and Gas in Albania
Heavy onshore crude from Patos-Marinza, produced since the 1920s and refined at Ballsh.
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Air Albania
The national flag carrier, launched in 2018 with Turkish Airlines as a founding shareholder.
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KESH
The state generator that runs the Drin cascade and supplies most Albanian electricity.
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Balfin Group
One of the largest private groups in the western Balkans, spanning shopping centres, retail and mining.
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Bankers Petroleum
The Canadian-listed operator that redeveloped Patos-Marinza, acquired by China's Geo-Jade Petroleum in 2016.
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One Albania
Albania's first mobile operator, formerly AMC and then Telekom Albania, now merged with Albtelecom.
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Kastrati Group
A fuel and logistics group that also holds an interest in Air Albania and in airport operations.
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Banka Kombëtare Tregtare
One of Albania's largest commercial banks, part of Turkey's Çalık Holding.
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Vodafone Albania
The country's other main mobile network, operating since 2001.
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Albtelecom
The former state telecoms monopoly, merged with One Albania in 2023.
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Credins Bank
A large domestically founded commercial bank.
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OST and OSHEE
The transmission system operator and the distribution company that together move Albania's power.
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Kurum International
The Turkish group that took over the Elbasan steel complex and several hydropower assets.
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Antea Cement
A large cement plant at Boka e Kuqe near Krujë, built by TITAN Cement.