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Prime Minister Mustafa promises high economic growth

By   /  20/03/2017  /  Business, Kosovo, XK Business  /  No Comments

Prime Minister of Kosovo, Isa Mustafa promised today high economic growth through government programs. “We have secured financial and fiscal stability with sustainable economic growth of 4% for 2015 and 2016, while in the years to come, growth will be larger”, PM Mustafa declared. The head of the government said that government policies boost private […]

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The idea for a joint Balkan market, a dream or reality?

By   /  20/03/2017  /  Business, Headlines, Kosovo, XK Business  /  No Comments

The idea for the establishment of a joint regional market in Western Balkans, which was launched during the meeting of EU officials with the prime ministers of the region in Sarajevo during this week, sparked debates in Kosovo. The Prime Minister of Kosovo, Isa Mustafa declared that a joint market of Western Balkan countries would […]

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Power shortages caused losses amounting to 290 million euros to businesses in Kosovo

By   /  15/03/2017  /  Business, Kosovo, XK Business  /  No Comments

The cost of power supply, unfair competition, lack of political stability are the biggest obstacles in doing business in Kosovo. These were the conclusions of the study prepared by the Kosovo Chamber of Commerce dubbed “How to strengthen private sector in Kosovo”, which aims at identifying barriers of doing business. Berat Rukiqi, strategic advisor at […]

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Diaspora is a strong potential for investments in Kosovo

By   /  10/03/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Diaspora is a strong potential for investments in Kosovo

Over half a billion euros a year is the total amount of money that Diaspora sends to Kosovo. Throughout the years, this money has been spent for day to day consumption and a very small part has been spent for investments. Experts say that this money should be used to invest in family businesses or […]

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Kosovo is still a small market in the domain of IT

By   /  08/03/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Kosovo is still a small market in the domain of IT

The World Bank report “Harvesting digital benefits: Exploitation of internet priorities for development in Europe and Central Asia”, says that Kosovo is a small and undeveloped market in the domain of IT. “IT market in Kosovo is small and undeveloped due to the low level of digitalization and use of IT in the economy. This […]

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Kosovo has the lowest minimum wage in the region

By   /  06/03/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Kosovo has the lowest minimum wage in the region

Kosovo continues to remain the country with the lowest minimum wage in the Western Balkan region. Currently, minimum wage in Kosovo is 130 euros for people under the age of 35 and 170 for people over the age of 35. This amount has not changed since 2011. Meanwhile, based on the official statistics of EUROSTAT, […]

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Kosovo is looking to attract foreign investors

By   /  28/02/2017  /  Business, Kosovo, XK Business  /  Comments Off on Kosovo is looking to attract foreign investors

Government of Kosovo has expressed its commitment to create the necessary conditions for foreign investors, especially EU investors to come and invest in Kosovo. Kosovo’s PM, Isa Mustafa said today that his government has contacted many investors and that the country’s ranking in world indexes has improved. “In the World Forum of Investors, Kosovo ranked […]

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Political situation paralyzes Kosovo’s economy

By   /  24/02/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Political situation paralyzes Kosovo’s economy

The political and constitutional situation is hindering economic development in Kosovo. The lack of political dialogue and dysfunction of parliament has led to a drop in the number of foreign investors in the country. According to official data from the Bank of Kosovo, direct foreign investments have not seen a solid growth during PM Isa […]

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Kosovo joins the Enterprise Innovation Fund (ENIF)

By   /  23/02/2017  /  Business, Kosovo, XK Business  /  Comments Off on Kosovo joins the Enterprise Innovation Fund (ENIF)

Government of Kosovo has signed an agreement which makes it a member of the Enterprise Innovation Fund (ENIF). This agreement enables the government of Kosovo to increase the total investments fund for small and medium sized enterprises, with a technological potential from Western Balkans, by 40 million euros. Minister of Trade and Industry, Hykmete Bajrami […]

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Kosovo’s economic development praised

By   /  15/02/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Kosovo’s economic development praised

In today’s government meeting, Prime Minister of Kosovo, Isa Mustafa, said that the economic reforms are being praised by relevant international organizations. “In the 2017 World Forum for Investors held in Istanbul, government of Kosovo won the award as the best government in Southeast Europe for the support offered to enterprise. This gratitude has been […]

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