The Hellenic Business Association of Albania (HBAA) marked 20 years since its founding at a special event held on Monday, ANA reports.
Over 100 guests attended, among them Greece’s Ambassador to Albania Konstantina Kamitsi, and Israel’s Ambassador to Albania Galit Peleg, both of whom conveyed messages of peace and unity in their addresses.
Founded in October 2003, HBAA plays a significant role in the promotion and development of Greek businesses in Albania, aiming at strengthening investments, cooperation, and mutual assistance between the two countries. Its members, numbering over 40, are active in key sectors of the Albanian economy, including banking, trade, energy, heavy industry and construction.
Greece ranks 4th among supply countries to Albania, according to Albania’s Institute of Statistics (INSTAT) and the Bank of Albania, and also ranks 2nd as to the number of Greek or partly-Greek businesses. In recent years, Greece has dropped to 9th place in terms of foreign investments in Albania.
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