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Political situation paralyzes Kosovo’s economy

By   /  24/02/2017  /  Business, Headlines, Kosovo, XK Business  /  No Comments

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  /  No Comments

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  /  No Comments

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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Government in Kosovo promises new jobs

By   /  13/02/2017  /  Business, Kosovo, XK Business  /  No Comments

Authorities in Kosovo say that around 25 thousand new jobs are expected to be created this year and this figure is expected to reduce unemployment under 20% as opposed to the current rate of 26%. This was the pledge of Prime Minister of Kosovo, Isa Mustafa, who said that this year, economic growth would be […]

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35 million euros for small and medium sized enterprises in Kosovo

By   /  10/02/2017  /  Business, Kosovo, XK Business  /  Comments Off on 35 million euros for small and medium sized enterprises in Kosovo

European Investment Fund organization and three banks of ProCredit group have signed a guarantee agreement to support small and medium sized enterprises (SME) in Kosovo, Serbia and FYROM. This agreement has been enabled through the Guarantee Instrument for Western Balkans, funded by the European Union. This agreement aims at facilitating access into funds for SMEs […]

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The lack of manufacturing increases unemployment

By   /  06/02/2017  /  Business, Kosovo, XK Business  /  Comments Off on The lack of manufacturing increases unemployment

Wholesale and retail sale companies lead the list of registered businesses for 2016 in Kosovo. According to the data from the Kosovo Agency of Statistics, 2.738 out of 10.424 businesses deal in commerce. This high percentage of commercial businesses has existed in the past five years. According to the head of the Economic Chamber of […]

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Law for investments is necessary for Kosovo

By   /  03/02/2017  /  Business, Kosovo, XK Business  /  Comments Off on Law for investments is necessary for Kosovo

Kosovo’s Constitutional Court has turned down a motion of a group of Serb MPs in the parliament of Kosovo, who have rejected the law on strategic investments. Government of Kosovo says that the law in question is expected to enter in force within 15 days. Minister of Trade and Industry, Hykmete Bajrami says that once […]

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Kosovo’s speaker of parliament invites Italian investors to Kosovo

By   /  31/01/2017  /  Business, Headlines, Kosovo, XK Business  /  Comments Off on Kosovo’s speaker of parliament invites Italian investors to Kosovo

Senior representatives of the government of Kosovo have travelled to Italy to present the package of new opportunities for strategic investments for Italian and European investors. Around 21 companies from Kosovo along with PM Isa Mustafa and speaker of parliament, Kadri Veseli are participating in the forum for investment and commerce between Kosovo and Italy, […]

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Lack of power supply damages businesses in Kosovo

By   /  27/01/2017  /  Business, Energy, Kosovo, XK Business, XK Energy  /  Comments Off on Lack of power supply damages businesses in Kosovo

The lack of a constant supply with power in Kosovo is threatening the activity of businesses and the economic development of the country. This was said today by the Minister of Commerce and Industry, Hykmete Bajrami during a meeting with business associations and Power Regulatory Office. “We know that power supply is a criterion for […]

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The new tax package is an opportunity to attract investors

By   /  23/01/2017  /  Business, Kosovo, XK Business  /  Comments Off on The new tax package is an opportunity to attract investors

Representatives of economic associations in Kosovo have expressed the urgent need to finalize the new tax package, which among others, also includes tax exemptions and the enlargement of the list of raw materials exempted from customs taxes. According to the head of the American Chamber of Commerce, Arian Zeka, these two points must enter in […]

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