Friday, 19th September 2025

Windfarms Would Bring Advances

Albania is a country that borders the Ionian and Adriatic seas. It has a population of approximately 2.812 million inhabitants living on an area of 28,748km². Albania’s GDP stands at 18.26 billion USD, which equates to 6,492.87 USD per capita. The country applied for EU membership in April 2009 and was granted membership candidate status in June 2014. Albania has been a NATO member country since April 2009.

The Republic of Albania is headed by President Bajram Begaj, a retired army major general and former Chief of the General Staff of the Albanian Armed Forces, while the country’s government is led by Prime Minister Edi Rama, chairman of the Socialist Party of Albania.

This country has an economy based primarily on services, agriculture and industrial sectors – food, wood, metals, textiles, petroleum and chemicals industries, mining, tourism etc.

Albania sources almost all of its electricity from Renewables – or more specifically from hydropower. The country is traversed by a large number of rivers, the most important of which is the mighty Drin. Despite having excellent potential to generate electricity from wind power, Albania doesn’t have a single wind turbine. Its problems in this area include a complicated bureaucracy, a small market, antiquated infrastructure and a powerful hydropower lobby.

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...

UAE’s e& to Expand Serbia’s Kragujevac Data Centre

The UAE’s Emirates Telecommunication Group Company (e&), one of the world’s largest telecom operators, is stepping into Serbia’s digital...

Bosnian Arms Maker Reports Profit Surge

Bosnia’s defense industry is quietly strengthening. BNT TMIH, a state-owned arms manufacturer, announced a 71% rise in net profit...

Serbia Bets on AI to Transform Tourism Industry

Serbia’s Chamber of Commerce has opened applications for a landmark programme designed to drive artificial intelligence into the heart...

Končar Taps Hyundai Partnership to Power Asian Market Expansion

Croatia’s Končar – Motors and Electrical Systems has struck a major deal with South Korea’s HD Hyundai Electric, marking...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities