Albania establishes new state company for enterprise liquidation

The Albanian Council of Ministers has approved the establishment of a new state-owned company, ‘Operatori i Shoqërive Shtetërore’ sh.a., under the Ministry of Economy and Innovation. The company is designed to manage and oversee the legal framework for closing public enterprises currently undergoing liquidation. The state has allocated an initial capital of 100 million lek to the new entity to facilitate these processes.

Separately, the Natural Resources Commission has approved three draft laws concerning financial cooperation agreements with the German government. These agreements include a climate support program for 2023 and 2024 aimed at strengthening energy sector resilience, improving energy efficiency, and advancing the digitalization of the transmission network. Additionally, the commission reviewed a financial agreement to renovate public university dormitories in Albania, focusing on energy efficiency and modernizing student living conditions.