Albania and Kosovo will soon have a single energy exchange market, after many years of waiting.
The procedure is scheduled to be completed this year following the selection of the trading platform this month, which will be supplied by a Greek consortium of three businesses.
However, how will the stock market’s increase effect the country’s energy industry, which is undergoing a price increase, and will enterprises that emerge from the free market command more favorable prices? Lorenc Gordani, an expert on the energy sector, told A2 CNN: “Of course we do, since we have 7,500 firms that will seek a free market solution. Even more recently, we completed a contract for supply quality assurance, which will bring supply up to European standards.”
Albania and Kosovo are now the Western Balkans’ only two nations without a fully functional stock energy exchange market.