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Bankers Petroleum Albania Ltd Evaded Taxes by Declaring Losses for 20 Years; Fier Prosecution Issues 14 Precautionary Measures, Executes 9, Declares 5 Wanted
03 Jul 2025 15:24 GMT
… measures against Bankers Petroleum Albania Ltd, accused for “ … 532,433,614,112 lek between 2004 and 2024. … its operations, ‘Bankers Petroleum Albania Ltd’ has artificially inflated … and individuals, both within Albania and internationally.
The investigations …
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Top Bankers Petroleum execs arrested in Albania raid
02 Jul 2025 22:38 GMT
TIRANA, July 4 – Albanian police in Fier today arrested … failing to pay multi-million‑lek environmental and tax fines.
Officers …
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Albanian insurance market expands, life policies remain limited
02 Jul 2025 13:01 GMT
Albania’s insurance sector grew in … 7.6% to 10 billion lek (€90 million), driven by strong … .6% to 3.3 billion lek (€29.5 million), suggesting improved … .2% to 2.5 billion lek (€22.4 million).
New insurance …
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Albania’s manufacturing sector faces fresh job cuts
01 Jul 2025 08:44 GMT
… include the strengthening of the lek, cutting export revenues; higher … year to 25.7 billion lek in January–May 2025, … 5% to 19.6 billion lek.
Prençe said that without intervention … the most challenging years” for Albania’s manufacturing sector, with long …
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Albania sees strong deposit and lending growth
30 Jun 2025 22:16 GMT
… in both the lek and euro have surged in Albania, according to … Bank of Albania data as … of May. Lek-denominated savings reached 645 billion leks, rising by … month totaled 2.17 billion leks, contributing to a total …
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Ex-deputy PM faces trial over privatization scandal
02 Jul 2025 11:05 GMT
TIRANA, July 3 – Albania’s former Deputy Prime Minister … loss of around 7 billion Albanian lek (approximately €63 million) to the … targeting former senior officials as Albania intensifies its anti-corruption efforts …
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H1 tax revenues exceed 2025 targets
03 Jul 2025 08:53 GMT
TIRANA, July 3 — Albania collected 224.1 billion leks ($2.3 billion) in … target by 2.7 billion leks, according to data from the … rose by 23.1 billion leks from the same period last …
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New Measures on Real Estate Loans Enter Into Force
02 Jul 2025 16:57 GMT
… Stability at the Bank of Albania, Klodion Shehu, emphasized that the … second in the domestic currency lek, and slightly lower for foreign … the collateral value. For the lek, it is at the level … 's income, for the lek it is at the level …
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My must-visit destinations in Eastern Europe with cheap spas and white sand beaches – flights are less than £20
02 Jul 2025 12:58 GMT
… recommendations for Eastern Europe is AlbaniaCredit: AlamyNiko told Sun Travel: … of local beer around 250 Lek (£2.11) and small … imported beer bottles costing 350 Lek (£3.07).
As for where … for as little as 4000 lek (around £35).
The average price …
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Gold Reserve Reach Highest Historical Level
01 Jul 2025 11:04 GMT
… value of monetary gold in Albania has also increased. The latest … data from the Bank of Albania show that monetary gold reached … of gold was exchanged for Lek 289 thousand during June.
One …