EU concludes SME project

10/12/2011 08:15

After two years of trainings, polls and several studies that were made
possible by a European Union fund, small and medium enterprises in
Albania can walk by themselves towards the western market competition,
according to Shqip Newspaper.

The ceremony for the conclusion of this project was held this Friday, in which was also present the Deputy Minister of Economy, Eno Bozdo, who thanked everyone that worked and enabled the realization of their objective.

The Ministry did not announce the cost of the project, but said that thanks to the funds they were able to create a detailed report for the need to train the Small and Medium Enterprises, after they interviewed 250 companies and noted their concrete needs in support of innovation.

There are 190 managers, representatives of SMEs, and 70 individuals who offer financial advising for the SMEs that benefited from the IPA project of 2007. Referring to the active SMEs for 2010, the micro-enterprises make 95.7% of the total number of active enterprises, small enterprises 3.5%, medium enterprises 0.7% and big enterprises 0.1%.

The implementation of the Small Business Act is one of the most important agreements of the EU agenda for the development of SMEs, not only for EU countries, but also for Western Balkan.

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