News & Events

  • 11 December 2012

    EBRD interested in infrastructure projects

    A delegation from the European Bank for Reconstruction and Development led by Manish Vasistha and Alexandry Chirmiciu has visited Kosovo. This was the first visit of a delegation from the EBRD after Kosovos acceptance into this international financial institution.

    During a meeting with the Minister of Infrastructure,...

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  • 06 December 2012

    EBRD may finance new power plant "Kosova e Re"

    Even before Kosovo’s formal membership in the European Bank for Reconstruction and Development taking place on December 17, the bank has already made plans for projects they might be interested to finance. In a radio interview, EBRD officials stated that they are looking at options to finance the new power plant "Kosova e...

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  • 06 December 2012

    Kosovo Tax Administration and Customs collect more than 1 billion Euros

    According to government forecasts, two of the most important institutions for the collection of budget revenues, Customs and Tax Administration, will collect more than 1.1 billion Euros by the end of this year. So far, these two institutions have managed to collect over 1 billion...

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  • 26 November 2012

    Second stretch of Kosovo Highway completed

    The second stretch of the national highway "Ibrahim Rugova" has been completed. This section will be inaugurated on the occasion of the 100th anniversary of Albania's independence.

    The Government has promised that this section of the highway will be completed and released for traffic before November 28th: "The goal of...

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  • 16 November 2012

    Kosovo full member of EBRD

    Kosovo became a full member of another international institution, the European Bank for Reconstruction and Development (EBRD), bringing the number of its member countries to 66.

    In a press release, Kosovos Prime Minister Hashim Thaci stated that the EBRD membership news has been confirmed over the telephone by the president of the bank, Suma...

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  • 16 November 2012

    German companies have invested 540 million Euros in Kosovo

    Germany leads the list of foreign direct investments in Kosovo. From 2007 to 2012 investors from this country have invested 540 million Euros. This was announced by Kosovos Minister of Trade and Industry, Mimoza Kusari-Lila, at a meeting of the Kosovo-German Chamber of Commerce.

    The Minister of Trade...

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  • 31 October 2012

    Promoting investments in Lausanne, Switzerland

    During the event “Investment and Trade Opportunities in Kosovo”, held in Lausanne on 26 October 2012 and organized by ECIKS / IPAK-Vienna in cooperation with the Chamber of Commerce Switzerland-Central Europe SEC, the Embassy of the Republic of Kosovo in Switzerland and, Swiss companies were invited by high government...

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  • 30 October 2012

    Kosovo Budget 2013: 1,586 Billion EUR

    In a press conference, the Finance Minister Bedri Hamza stated that Kosovos consolidated Budget for the year 2013 will be 1,586 billion Euros. The Minister said that from this budget, 30 million Euros have been allocated to the start of the highway Prishtina-Skopje.

    Hamza said that they have discussed the second revision of the...

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  • 23 October 2012

    Kosovo 98th in World Bank’s “Doing Business” ranking

    For the first time since Kosovo's involvement in the World Bank report "Doing Business", in 2013 Kosovo marks the greatest progress in this ranking. Compared to last year, when the country was in position 117, this year it is listed as the 98th out of 183 countries. This means that Kosovo has improved by 19...

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  • 14 October 2012

    Privatization of power distribution network completed

    Kosovos Minister of Economic Development , Besim Beqaj and representatives oft he consortium Çalik & Limak have signed the contract for the privatization of the power distribution network KEDS.

    Minister Besim Beqaj considered the signing of the contract for the privatization of the power distribution...

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  • 08 October 2012

    Bechtel and Strabag compete for Kosovos second highway

    The U.S. Bechtel and the Austrian Strabag have entered the race to build Kosovo’s second highway between Prishtina and Han i Elezit. The Ministry of Infrastructure, confirmed that the two companies have submitted their documents in the call for expression of interest.

    Both these companies were the main...

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  • 02 October 2012

    Diaspora annual remittances about 600 million EUR

    In the panel discussion, "The Role of the Diaspora in Kosovo's Economic Development", it was announced that the Diaspora remittances of about 600 million Euros make up about 14% of Kosovo’s GDP.

    It was also said that only a very small proportion of remittances are used for investment, and that they are...

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