Open Data Albania has examined the revenue and profit, for the year 2022, of the business company licensed as audiovisual media. Based on the International Accounting (IAS) and Financial Reporting Standards, revenue is the gross receipt of an economic return during a certain economic period, which is a common activity for an economic pension. The data used for research purposes were obtained from the National…
Out of the 100 businesses that generated the highest revenues in 2022, 22 are owned by foreign citizens and entities, while 12 are under mixed ownership. These companies operate within our country. This article ranks the values associated with these companies and their annual turnover. The data for ranked values are based on turnover declarations in the Financial Statements submitted to the General Directorate of…
Open Data Albania is presenting evidence regarding the Economic Power of twenty-seven primary shareholders in Television Media, specifically within Business Companies that oversee the operation of major screens and television channels. As the foremost television entities in the country, the ranking includes 14 companies that hold licenses issued by the Audiovisual Media Authority, while also reporting declared capital and profits. We will detail the economic…
Open Data Albania is bringing up to date the distribution of individual grants in the frame of the Reconstruction Program after the Earthquake, in non Election months, throughout the 2020-2023 period, and in the months part of Election Campaigns (30 days before voting). Construction or Reconstruction grants have benefited families damaged by the natural disaster, whose residential houses have been classified as damaged or uninhabitable.…
Open Data Albania is analyzing the Structure of State Budget Expenditures for the 2005-2022 period. The total expenditures of the State Budget are non-refundable payments, made by the government for the fulfillment of its functions (healthcare, defense, education, maintaining order, etc.). The Structure of Expenditures consists of several categories, such as Capital Expenditures, which are investments and public works with long-term effects and sustainability, Current…
Open Data Albania is ranking economic operators announced as successful bidders in the Contracting Procedure for the Reconstruction Program after the earthquake of November 26, 2019. The period under review is January 2020 to April 2023. The data under examination are part of the Open Data’s monitoring of Public Contracts by way of its two databases, Reconstruction Program Contracting in Municipalities and Contracting carried out by the…
Open Data Albania is examining the statistics regarding Personal Income Tax, focusing on the Payroll tax. The data are sourced from the General Directorate of Taxes (DPT), and are divided into tax revenues for salaries of employees part of the State Administration and employees in the Private Sector. In 2022, an amount of ALL 28.3 billion were collected from the payroll tax, or 11.6% more…
The State Budget collected 206.5 billion Albanian lekëë(ALL) in the first quarter of 2023, which is an increase of 9.7% compared to the same period of the previous year. The January-April 2023 quarter marked tax revenues amounting to 136 billion ALL, which is 7.4% higher than the same period a year ago, and 0.8% higher compared to the quarterly plan. Non-tax revenues experienced a decline…
The Parliament of the Republic of Albania approved on 25.05.2023, the law that regulates the salaries of high ranking state officials, namely “On some changes in law no. 9584, dated 17.07.2006, “On Salaries, Remuneration and Structure of Constitutional Independent Institutions and other independent Institutions, created by law”, as amended. The law was deposited in the Assembly on April 7, 2023, but on May 23, 2023,…
This article will examine business companies that operate as football clubs, while are, simultaneously owned, fully or partially, by the Municipalities. For each of the companies we will also see their annual turnover, as well as the profit before tax. What we observe is that, the local football clubs companies, carry consistently financial losses and generally, are kept active through financing and subsidies from the…
Open Data Albania is looking into the revenues and profits made from business companies licensed as audiovisual media. The data presented in the research were obtained from the National Business Center (NBC) and include only statistics concerning companies equipped with a Media License and an active NIPT. The numbers are presented in a well-structured format in the Open Corporates Albania database, in the media business…
The official Lek/Euro exchange rate reached a historic low of 110.98 Lek in April 2023. Similarly, the American dollar (USD) and the British pound (GBP) have reached historic low rates against the Lek, being exchanged at 100.46 Lek and 125.33 Lek, respectively. The strengthening of the lek against foreign currencies has a significant impact on the economy, both on consumer purchasing power and on government…
Open Data Albania is disclosing detailed information regarding the value of the Unconditional Transfer granted by the Central Government – through the State Budget – to Local Municipality Administration. The figures are being provided for a period that starts from 2014 to present day. In 2015, due to the then Territorial Reform, the country’s administrative division into Local Government Units changed. The changes were also…
In 2022, the Average Wages for Public Employees only increased by ALL 1,571. It constitutes the lowest annual increase for the sector in the time frame starting from 2000 to 2022, during which the average increase has been ALL 2,505. The difference in the average salary in the state sector during 2022 was calculated by the Open Data Albania team by making use of available…
The Albanian Government’s Reconstruction Program, introduced in Brussels at the donors’ conference, held in February 2020, presented damages and the need for intervention in the amount of Euros 1.076 billion or (about ALL 131 billion at the February 2020 exchange rate). This figure was calculated by the Albanian Government as damages and the need for intervention after the Consequences of the Earthquake of November 26,…
