Albania Business
• Main exports: Textiles and footwear, asphalt, metals and metallic ores, crude oil and tobacco.
• Main imports: Machinery and equipment, foodstuffs, textiles and chemicals.
• Main trade partners: Italy, Greece, Germany, Bulgaria and Turkey.
Economy
In 2007, growth was at 6%, whilst inflation was at 2.9%. Officially, the unemployment rate was 13%, but this may exceed 30%.
Business Etiquette
Anyone considering investing in Albania should bear in mind the prevalence of corruption, the presence of organised crime and the weakness of the judicial system; and seek the advice of the commercial attaché at their embassy in Tirana.
Office hours: Civil servants work Mon-Fri 0830-1300 and then 1430-1800 (finishing earlier on Fridays). Private companies tend to keep more traditionally Albanian hours, from 0800 or 0830 to 1500. Offices are closed on Saturdays and Sundays.
Business Contacts
Rruga e Kavajës 6, Tirana, Albania
Tel: (04) 230 284.
Website: www.cci.gov.al
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