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Latest Albania Stories

2008-11-12 09:00:40

Telephone: (604) 984-8894 Facsimile: (604) 983-8056 e-mail: ir@cabo.ca CONTACT: John A. Versfelt Chairman, President and CEO web site: www.cabo.ca CABO EXPANDS DRILLING SERVICES INTO ALBANIA AND IS AWARDED A MINUMUM 10,000 METER DRILL CONTRACT WITH BALKAN RESOURCES INC. North Vancouver, BC - Cabo Drilling Corp.'s (TSX-V: CBE) ("Cabo" or the "Company") majority owned Balkan States Drilling SH.P.K. of Tirana, Albania has been awarded its first drilling contract in Albania....

2008-10-10 09:00:46

CEZ (Prague, Czech Republic), power group, will spend over EUR 420 mil, more than CEK 10 bil, in Albania. The money will be invested in purchase of a control share in the electricity distributor Operatori i Sistemit te Shperndarjes (OSSH) (Albania), in its network's modernization and paying of its debts. CEZ won the tender for takeover of 76% of shares in OSSH on 30 Sep 2008. CEZ offered EUR 102 mil for OSSH and it will also invest EUR 200 mil in OSSH's modernization in five years and will...

2008-10-10 09:00:46

CEZ (Prague, Czech Republic), semi-state power group, won a tender on takeover of 76% of shares in the distribution company Operatori i Sistemit te Shperndarjes (Albania) at the end of Sep 2008. CEZ has offered about EUR 102 mil, about CEK 2.5 bil, for this company having nearly 1 mil customers. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

2008-10-08 09:00:42

Czech power company CEZ has obtained the official notification from the Albanian ministry of power engineering of its successful bid, after a decision was rendered by a commission established for the evaluation of bids submitted in the tender for the majority 76% share in the Albanian distribution company Operatori i Sistemit te Shperndarjes. The decision of the commission has to be confirmed by the Albanian government. Negotiations are expected to be conducted in order to elaborate...

2008-10-06 09:00:47

CEZ (Prague, Czech Republic), power firm, has won a tender for the purchase of a 76% stake in the distribution company Operatori i Sistemit te Shperndarjes (Albania). CEZ offered EUR 102 mil, CEK 2.5 bil, for the majority stake. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

2008-10-06 09:00:47

CEZ (Prague, Czech Republic), power group, won a tender for the acquisition of a 76% stake in the distribution firm Operatori i Sistemit te Shperndarjes (Albania) in Sep 2008. CEZ offered EUR 102 mil, roughly CEK 2.5 bil, for the stake. The offer of the rival company Enel (Italy) had technical failings. CEZ estimates the power market of Albania as prospective. A 5% increase in electric power consumption per year is expected in Albania where the current electric power consumption per head is...

2008-10-01 09:00:41

Austria to build hydropower plant in Albania TIRANA, Sept. 30 (Xinhua) -- Austrian electricity company Verbund has been awarded a contract to build a hydropower plant in Albania, local media reported Tuesday. Verbund signed the deal worth 160 million euros (229.6 million US dollars) with Tirana Tuesday to build the plant on the Drin River in northern Albania. The hydropower plant, which is scheduled to be in operation in 44 months, would have an annual production capacity of 230 GWH....

2008-09-30 09:00:50

Two foreign companies bid for Albania's power distribution unit TIRANA, Sept. 29 (Xinhua) -- Two foreign power companies have submitted bids to buy up to 76 percent of Albania's power distributor DSO, local media reported on Monday. The two companies are ENEL from Italy and CEZ from the Czech Republic. A government commission will decide in the next few hours or days whether both bids meet the mandatory technical requirements. Albania hopes the sale of the distributing arm of...

2008-09-30 09:00:50

Czech wins Albania power distributor bid TIRANA, Sept. 29 (Xinhua) -- The Czech power utility CEZ has won a 76 percent stake in Albania's power distributing arm with 102 million euros (150 million US dollars), local media reported on Monday. Italy's ENEL was dropped because its technical bid didn't " fully meet" the conditions set by Albania, said a government commission which oversaw the bidding. Albania hopes the sale of the distributing arm of state-owned power utility KESH will...

2008-09-30 09:00:50

Czech electric utility CEZ has submitted its offer, within the privatization procedure concerning the majority interest of 76% in the Albanian power distribution monopoly, Operatori i Sistemit te Shperndarjes. The to-be-privatized distribution company serves nearly one million customers and its gross annual electricity supply volume amounts to 5.3TWh. The company has stated that Albania has been affected by a deficiency of electricity lately, mainly due to the absence of investment in the...


Latest Albania Reference Libraries

Adriatic Sea
2013-04-18 22:08:38

The Adriatic Sea is a body of water dividing the Italian Peninsula from the Balkan Peninsula and the Apennine Mountains from the Dinaric Alps and neighboring ranges. This sea is the northernmost arm of the Mediterranean Sea, stretching from the Strait of Otranto to the northwest and the Po Valley. It contains over 1300 islands, mainly located along the eastern, Croatian, coast. Its divided into three basins, the northern one being the shallowest and the southern one being the deepest; a...

36_bc0092addae23f28c8478eaf6bb4f275
2005-06-22 14:34:26

The Erhard's wall lizard (Podarcis erhardii) lives in the Balkan Peninsula as well as the Aegean islands. In the mainland it ranges from Albania, the Republic of Macedonia and southern Bulgaria to the northeastern part of the Peloponnese peninsula in Greece. In the Aegean archipelago it doesn't occur in Milos and the surrounding islands, where it is replaced by Milos wall lizard. The length of the lizard's body is about 7 cm; the tail is twice as long. The head is rather wide, and the skin...

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Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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