AGP Executive Report
Last update: 6 hours agoAviation Disruption: A technical failure temporarily shut Albania’s airspace on Friday evening, with Albcontrol systems down around 5:30 p.m.; most services were back by 6 p.m. and no safety incidents were reported. Banking & Credit: Bank lending in Albania hit a record €2.3bn in new loans in the first six months of 2026, led by business borrowing (€1.5bn) and household demand (€786m), with euro loan rates edging higher. Energy Update: INSTAT data show Albania’s electricity production jumped 34.4% in Q2 2026, while exports rose 55.4% and imports fell 21.5%, as solar and other renewables (other than hydropower) expanded sharply. Solar & Renewables Shift: Albania’s solar market is moving from pure deployment toward a more integrated renewables system, with cumulative PV capacity at 631 MW by end-2025 and other renewables output rising fast in 2026. Drones for Industry & Safety: Municipalities are expanding drone use for wildfire response and to spot illegal construction, while Civil Protection seeks 10 drones under an EU-funded emergency program. Infrastructure: Albania plans to start work by end-2026 on a 33.5km motorway south of Tirana to ease pressure on the Tirana–Durrës corridor as part of the Adriatic–Ionian “Blue Corridor.” Defense Industry: Albania is preparing a new factory to produce military uniforms and accessories, targeting exports and creating about 290 jobs, lifting the defense-industry workforce above 1,000. Business Climate: More than 19,000 foreign-owned companies operate in Albania, with services dominating and most firms based in Tirana. Governance & Crime-Procurement: The arrest of businessman Ergys Agasi has refocused attention on alleged links between political power, business interests and organized crime, tied to contract manipulation at AKSHI.
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