ContourGlobal gets support to build new coal power plant in Kosovo

Kosovo Prime Minister Ramush Haradinaj said Tuesday the U.S. power company ContourGlobal will proceed with plans to build a 500 megawatt (MW) coal-fired plant in Kosovo. In October 2018 the World Bank confirmed that they will not support a coal power plant in Kosovo because it would use coal rather than renewable fuels.

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Korça ensemble represents Albania at World Cultures Festival in France

TIRANA, July 17 – The Artistic Ensemble “Skanderbeg” from Korça represented Albania at the 59th edition of the International “Festival des Cultures du Monde” in Chambéry, France. The festival brought together folklore and cultural groups from different parts of the world. The Albanian ensemble presented traditional costumes, music and dances, …

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Small and medium businesses to receive financing of up to ALL 250 million

TIRANA, July 17 – The Albanian government has launched the national program “Double Your Enterprise” to support small and medium-sized businesses through financing opportunities that aim to increase investment, employment and economic development. At the program’s presentation, Bank of Albania Governor Gent Sejko said the institution had worked for a …

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Minister of Economy and Innovation presents support scheme for small and medium businesses

TIRANA, July 17 – Minister of Economy and Innovation Delina Ibrahimaj presented the sovereign scheme “Double your business”, which aims to help Albanian companies access financing and increase investment, productivity and competitiveness in European markets. Ibrahimaj said the initiative responds to the real needs of businesses and supports the development …