During the research on the shareholding structure of JSC’s in the country, it can be noticed a significant presence of several large groups that own some joint stock companies. Based on Article 207 of ‘On Entrepreneurs and Commercial Companies’ Law of the Republic of Albania, these are called parent companies. The companies, where they own not less than 30% of votes (shares, quotas), are called controlled companies.
Thus, the analysis shows that there are six highlighted major groups (holdings) which own shares in 26 JSCs in the country, with a total capital at the value of 148 million Euro. This capital constitutes about 5% of the total capital of all 847 JSC-s operating in the country.
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
Raiffeisen Group is a shareholder of 3 Joint Stock Companies controlled by it, with a capital of 103.6 million euro or 70% of total capital owned from the six groups of parent companies.
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Union Group controls 5 companies with about 8% of the capital.
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
2K Group has under control 5 JSCs or about 7% of the total capital held by the groups with a basic capital with the value of 10.2 million Euro.
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Albanian Power Corporation although owns shares in two controlled JSCs, constitutes an insignificant level of capital.
Data Source: National Registration Center
Comment and Analysis: Open Data Albania
The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)
Contributed by: Artan Gjergji