Greece accounts for 25 pct of FDI in Albania

Greece accounts for 25 pct of foreign direct investments made in Albania (totaling 5.0 billion euros), the Greek embassy’s economic and trade affairs bureau in Tirana said in a report.

The report, based on an analysis of data released by the central bank of Albania, said that foreigners owned more than 5,600 enterprises in Albania, or around 3.6 pct of total enterprises.

Foreign-owned enterprises employ around 120,000 Albanian workers, or 13 pct of total employment in the country. Almost half of foreign businessemen come from Italy (2,660 enterprises mostly in the services sector), followed by Greece and Kosovo.

However, Greeks have invested more in Albania, accounting for 25 pct of a total of around 5.0 billion euros in foreign direct investments in the country.