Over 20 thousand start-ups at the end of 2018

The number of new businesses in Albania is growing. Figures released from the country’s office for statistics, INSTAT, indicate that at the end of 2018, the number of new businesses that were opened was 20200.

The sectors with the largest number of start-ups were services, construction and the food processing industry.

The formalization of economy and facilitating policies are supporting new business initiative. Meanwhile, INSTAT also reports a growth in the number of farmers who have decided to be issued with a tax code.

TemA

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