Open Data Albania has conducted a research regarding indicators on individuals who are shareholders in joint stock companies operating in the country. Indicators are based on data obtained from historical extracts of JSC-s as presented in the National Registration Center NRC, in June 2014. The survey evaluates not only the number of individual shareholders by JSC-s; sector and gender but also the value of the share capital owned.

There are 7,819 individual shareholders in JSCs operating in the country. These individuals own a value of shares of 545,429,673 Euro. This value is equal to 18.9% of the total value of the share capital of JSC’s in the country.

The Allocation of share capital ownership in JSCs with Individual Shareholders, June 2014

Data Source: National Registration Center
Comment and Analysis: ODA
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)

Individuals shareholders are owners of (one hundred percent of shares by individuals) 513 JSCs. In 103 JSCs individuals are co-owners of the share capital together with legal entities that have different legal forms as JSC, Limited liabilities companies, Public Institutions, non-profit organizations, or international financial institutions. JSCs that are fully owned by individual shareholders have a total of 5,022 names of shareholders. On the other hand, 2,797 individual shareholders are distributed in the capital of JSC-s where they are co-owners together with legal entities.


Data Source: National Registration Center
Comment and Analysis: ODA

Table 1/1 Individual shareholders are more active in the services sector. So they are present as owners in the capital of 473 JSCs. There are 3733 Individual Shareholders in JSCs operating in the Services Sector; 3010 shareholders in the Industry Sector; 633 shareholders in the construction sector and 443 shareholders in the agriculture sector.

Individual Shareholders by Sector where JSCs operate, June 2014


Data Source: National Registration Center
Comment and Analysis: ODA


Data Source: National Registration Center
Comment and Analysis: ODA


Data Source: National Registration Center
Comment and Analysis: ODA

The gender trend of individual shareholders of JSCs operating in the country is completely asymmetric in favor of male shareholders. Thus, there are just 158 joint stock companies that have at least one female shareholder in a total of 847 JSC-s operating in the country. In these 158 JSCs there are 2567 female shareholders versus 5252 male shareholders dominators in 457 JSCs. The ratio of female shareholders to the total number of individual shareholders is 30.3%.


Data Source: National Registration Center
Comment and Analysis: ODA

But this gender indicator is even more inferior if we calculate the weight of the capital owned by female shareholders versus the capital owned by male shareholders. Female shareholders own only 8% of the capital owned by individual shareholders, while male shareholders own 92% of this total.


Data Source: National Registration Center
Comment and Analysis: ODA

Thus, the share capital owned by females reaches to the level of 42,476,622 euro representing approximately 7% of the capital of JSCs that have individual shareholders, or 1.5% of total capital of JSCs operating in the country.

Individuals Shareholders by Gender, June 2014


Data Source: National Registration Center
Comment and Analysis: ODA