Albanian shoes are sold everywhere in European markets - Balluku: The conclusion of quality contracts is expanding the sector
The manufacturing industry in the country is managing to sign quality contracts with large markets such as Italy and Switzerland. In a meeting at a shoe manufacturing company in Patos, Deputy Prime Minister Belinda Balluku indicated that this is very good news for this sector.
"The contracts are in the European market, in Italy and Switzerland, with the most well-known markets. In fact, work done by hand is valued more than that done by machines. All your contracts are with the most well-known companies in Europe and you are being asked to expand. It is very important that you have succeeded, this means that the working conditions are good and the payments must be high."
According to data from INSTAT, "Made in Albania" textile exports have declined since the euro's devaluation. However, the sector now appears to be recovering.
"The conclusion of quality contracts is true, as on another occasion, when I was with the managers of a tailoring company in Lushnje, they told me that they have not been affected by the euro hit and have not had to lay off staff, but on the contrary they want to expand due to the cooperation they have with major brands in Europe."
According to official data in recent months, the textile and clothing export market is diversifying and is managing to capture European markets with new contracts.
Poll
Final voter list published - UK: 3,713,761 Albanians eligible to vote, 114,642 voting for the first time
3,713,761 Albanians will have the right to vote according to data generated by the General Directorate of Civil Status. The Ministry of Interior has......
DP: Every student will receive 200 euros per month - Program for the youth: Monthly payment for children in private schools, interest-free loans for young couples
"Zero" education tax, 200 euros per month for each student and 250 euros per month for each parent living in areas that do not have public schools, such as......
How much did Kosovo Albanians invest in Albania? Over a decade, the figure is estimated at 334 million euros
Businesses from Kosovo appear to have increased their interest in investing in Albania. In 2024, they invested over 95 million euros, mainly in the fields of......
Competition collected 124 million lek in fines in 2024 - Annual report: 11 monitoring and 8 investigative procedures were carried out
In the past year, the Competition Authority has carried out a total of 11 monitoring and 8 investigative procedures against enterprises in several markets,......
How did Finland replace coal with green energy? - Wind capacity doubled since 2020
The closure of Finland's last coal-fired power plant brings the country to the brink of a complete coal phase-out, four years ahead of schedule. Energy......
Tesla sales in "free fall" - Figures in France and Sweden at the lowest level in four years
Tesla sales in France and Sweden fell year-on-year for the third consecutive month in March, reflecting the lowest quarterly sales figures in these countries......
"Durrës-Tirana Railway to be Completed in 2026" - Spahiu: Cost 120 million euros. Electric trains challenge, 2-3 million euros/locomotive
Albania has entered a new phase of development and modernization of the railway network aimed at improving transportation and increasing efficiency in public......
"Institutions, violations with public finances" - KLSH: Widespread disregard for the legal framework for tenders and contract implementation
159 audits were conducted by the Supreme State Audit Office during 2024 in various institutions, identifying a number of violations in the management of......
