BALFIN Group

BALFIN Group (Balkan Finance Investment Group) is one of the most significant and successful investment groups in the Western Balkans, with a non-consolidated gross revenue of € 639 million in 2020.

We are a trustworthy partner, conducting business activities in a wide range of industries on a national and international scale, at the highest business and ethical standards with substantial financial capital, outstanding human resources, and a rigorous focus on innovation.

BALFIN Group was founded in 1993 in Vienna by Mr. Samir Mane, and is currently located and operating in Austria, Albania, Kosovo, Bosnia and Herzegovina, North Macedonia, Montenegro, and the Netherlands. The Group employs approximately 6,000 people, whose dedication and passion remain key to our success story.

BALFIN Group has made constant progress in overall growth by upgrading standards and shifting towards sustainability. Through economic development, employment opportunities, innovation, and social involvement, BALFIN Group challenges the status quo, fostering a positive impact on communities.



Facts & Figures

Approximately 6,000 people work in all BALFIN Group companies

In 2020, Total Group Assets on standalone financial performance are around  1.35 billion

Non-consolidated gross revenue of over € 639 million in 2020

€ 53 million taxes paid in 2020

QTU and TEG are respectively the first and the largest shopping malls in Albania.

Enterprise Value of all BALFIN Group companies increased by € 755 million in 2020

Neptun International is the leading retail chain of consumer electronics operating in Albania, North Macedonia and Kosovo

KidZone present in 4 countries, with 21Jumbo superstores, offering more than 30,000 products for every buyer persona

Balfin Real Estate & Hospitality manages a wide portfolio of assets that will grow to approximately  750 million

From 2019, BALFIN Group is present in the banking sector as the sole shareholder of Tirana Bank

AlbChrome and New Co Ferronikeli are among the largest exporters respectively in Albania and Kosovo

East Gate, located in Skopje, is the largest shopping mall in the region

SPAR is the largest international chain of supermarkets in Albania, serving more than 25.000 clients daily

€ 116 million total group investments planned for 2021



Group Companies