{"id":9665,"date":"2015-02-04T23:00:34","date_gmt":"2015-02-04T23:00:34","guid":{"rendered":""},"modified":"2022-05-06T10:47:20","modified_gmt":"2022-05-06T10:47:20","slug":"jscs-that-control-other-companies-business-groupsjune-2014","status":"publish","type":"post","link":"https:\/\/ndiqparate.al\/?p=9665&lang=en","title":{"rendered":"JSCs that control other companies, business groups &#8211; June 2014"},"content":{"rendered":"<div align=\"justify\">Open Data Albania has conducted a research on some major groups (parent company) that own shares in JSCs controlled by them. The survey estimates the number of companies and the value of the share capital. Indicators are based on data obtained from historical extracts of JSC-s as presented in the National Registration Center NRC, in June 2014. <p><\/p>\n<p>During the research on the shareholding structure of JSC&#8217;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 &#8216;On Entrepreneurs and Commercial Companies&#8217; 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.<\/p>\n<p>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. \n<\/p><\/div>\n<p><iframe width=\"630\" height=\"209\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=228349010&amp;format=interactive\"><\/iframe><br><sup>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp;&nbsp;&nbsp; <br><\/sup><\/p>\n<p><iframe width=\"632\" height=\"371\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=1296483213&amp;format=interactive\"><\/iframe><br><sup>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <\/sup><\/p>\n<p><iframe width=\"630\" height=\"371\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=146216441&amp;format=interactive\"><\/iframe><br><sup>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <\/sup><\/p>\n<p>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.<\/p>\n<p><sup><iframe width=\"630\" height=\"239\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=693436022&amp;format=interactive\"><\/iframe><br>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp;&nbsp;&nbsp; <\/sup><\/p>\n<div align=\"justify\">Austrian Gaming Industries AGI that controls 3 companies with about 9% of the total capital of groups. \n<\/div>\n<p><iframe width=\"630\" height=\"162\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=1727028950&amp;format=interactive\"><\/iframe><br><sup><br>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp;&nbsp;&nbsp; <\/sup><\/p>\n<p>Union Group controls 5 companies with about 8% of the capital.<\/p>\n<p><iframe width=\"622\" height=\"212\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=213592462&amp;format=interactive\"><\/iframe><br><sup><br>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp;&nbsp;<\/sup>&nbsp; <\/p>\n<p>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.<\/p>\n<p><iframe width=\"630\" height=\"224\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=14335707&amp;format=interactive\"><\/iframe><br><sup>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp;&nbsp;&nbsp; <\/sup><\/p>\n<div align=\"justify\">Kurum Group owns the highest number of controlled JSCs 8 companies, but with a capital that doesn&#8217;t constitute more than 6% of the total capital owned by the groups. \n<\/div>\n<p><iframe width=\"630\" height=\"371\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=1774740706&amp;format=interactive\"><\/iframe><br><sup><br>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp; <\/sup><\/p>\n<p>Albanian Power Corporation although owns shares in two controlled JSCs, constitutes an insignificant level of capital.<\/p>\n<p><iframe width=\"630\" height=\"168\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1xUJg7y_mj6jkjcWTlcNQ0S9DYZ_uR-0yApazLBoeMjk\/pubchart?oid=1969026996&amp;format=interactive\"><\/iframe><br><sup><br>Data Source: National Registration Center&nbsp;&nbsp;&nbsp; <br>Comment and Analysis: Open Data Albania&nbsp;&nbsp;&nbsp; <br>The exchange rate on 06.30.2014: 1 EUR = 140.26 (Source: Bank of Albania)&nbsp; <\/sup><\/p>\n\n\n<b>Comments and Analysis:<\/b> Open Data Albania<br> \nContributed by: Artan Gjergji<br>\n","protected":false},"excerpt":{"rendered":"<p>Open Data Albania has conducted a research on some major groups (parent company) that own shares in JSCs controlled by them. The survey estimates the number of companies and the value of the share capital. Indicators are based on data obtained from historical extracts of JSC-s as presented in the National Registration Center NRC, in June 2014. During the research on the shareholding structure of&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[57],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":25285,"url":"https:\/\/ndiqparate.al\/?p=25285&lang=en","url_meta":{"origin":9665,"position":0},"title":"AIS Position on the Upcoming Rule of Law Report","date":"February 20, 2026","format":false,"excerpt":"The organization AIS wishes to express its concerns regarding several critical aspects of the rule of law in Albania, with a focus on the State-Owned Enterprises (SOEs) sector and legislation affecting Public Procurement, Public-Private Partnerships (PPPs), and the privatization of state assets. 1. 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Parliamentary Elections \u2013 May 11, 2025.","date":"May 5, 2025","format":false,"excerpt":"Prepared by AIS \u2013 Promoter of Open Data Albania This document presents a series of concerns related to the integrity of the electoral process and the right to vote in the context of May 11th, 2025, Parliamentary Elections, as identified by AIS. The observations stem from AIS\u2019s long-term monitoring of\u2026","rel":"","context":"In &quot;ODA in Press Releases&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/ndiqparate.al\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-14-161908.png?fit=490%2C634&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":22762,"url":"https:\/\/ndiqparate.al\/?p=22762&lang=en","url_meta":{"origin":9665,"position":4},"title":"Public Consultation on the Anticorruption Draft-Strategy. 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Project: This activity takes place within the framework of the \"EU4 Rule of Law: Citizen Engagement for Public Integrity (CEPI) in the Western\u2026","rel":"","context":"In &quot;ODA in Press Releases&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ndiqparate.al\/wp-content\/uploads\/2024\/10\/image-1.jpeg?fit=1200%2C554&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pcJP0S-2vT","_links":{"self":[{"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/posts\/9665"}],"collection":[{"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9665"}],"version-history":[{"count":1,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/posts\/9665\/revisions"}],"predecessor-version":[{"id":16827,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=\/wp\/v2\/posts\/9665\/revisions\/16827"}],"wp:attachment":[{"href":"https:\/\/ndiqparate.al\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ndiqparate.al\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}