Elexoj, an online bookstore that sells books written in Albanian to Albanian nationals living outside the country, has won the start-up weekend in Pristina this week. The bookstore concept with international shipping may not be new – with sites like Ozon already providing such services to Russian expatriates – but the business idea looks to [...]
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OTE’s Cosmote Acquires 97.6% Stake in Mobile Giant AMC
February 16, 2009
Cosmote, wholly owned by Greek incumbent OTE, has acquired an additional 12.6 percent stake in Albania Mobile Communication (AMC). The deal is worth EUR 48.2 million and raises Cosmote’s stake in the company to 97.6 percent. The transaction was made with the state of Albania for the shares, outbidding Nexus Private Equity Partners, Bedminster Capital [...]
€10 million co-finance by EBRD for top Albanian bank
December 29, 2008
In aid of Albania’s economy, the European Bank for Reconstruction and Development (EBRD) has co-financed €10 million for the country’s 3rd largest bank, Banka Kombetare Tregtare (BKT) The Medium-Sized Loan Co-Financing Facility (MCFF) is a new EBRD mechanism being offered for the first time in the Western Balkans to kindle economic mobility. The € 10 [...]
December 13, 2011
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