Italian and Greek businessmen top foreign investors in Albania
03/06/2017 00:00
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Foreigners own 5600 businesses in Albania, 3.6% of the total.
Data from the Institution of Statistics show that the employment impact of foreign capital is significant.
Foreign businesses employ 120.000 Albanians, 13% of the total employed.
Half of foreign businessmen come from Italy only, with 2660 businesses, mainly in services. Greece comes second, Kosovo third.
However, although Italians are first, Greek businessmen have invested more money in total. 25% of foreign capital, 5 billion EUR, comes from Greece.
This means that Italians are mostly investing in smaller companies or enterprises requiring small capital.
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