History
1993
2002
2005
2007
2008
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
  • 1993
    Neptun is established as the biggest network of electronic stores in Albania. Branches in neighboring countries would soon follow.
  • 2002
    Mane TCI starts commercial operations, specializing in real estate development and management.
  • 2005
    • Universe Shopping Center (QTU) becomes the first shopping center to operate in Albania. It still remains the most popular one.
    • Euromax is the first chain of supermarkets to launch in Albania, turning rapidly into the largest one.
    • International brands that appeal to many categories, e.g. Cortefiel, Springfield, Geox, Parfois, Women’s Secret, Okaidi, Mango, Carpisa, and others, are represented in the Albanian market by Fashion Group.
  • 2007
    Albanian Commercial Real Estate Management is established, providing management services for commercial real estate, including shopping malls.
  • 2008
    • Elektro-Servis starts maintaining and servicing electronic and electric appliances offered by Neptun.
    • BALFIN Group buys Alcred shpk, representing one of the largest residential and service areas inTirana – approximately 1.000 apartments and total surface of 100.000 sqm.
  • 2011
    • Jumbo – largest toy store in Balkans – becomes part of BALFIN Group, via a franchise deal with Kidzone.
    • Tirana East Gate is inaugurated. It is the largest shopping center in the country, occupying more than 90.000 sqm.
  • 2012
    • Construction of Tirana Logistic Park starts as a 43 million Euro pioneer investment, to serve Albanian and international businesses.
    • Skopje City Mall becomes one of the most important investments abroad. Hystead Group buys it in 2017.
  • 2013
    BALFIN Group acquires 100% of ACR Holding’s shares and re-launches it as AlbChrome. It is a leader in mining and metallurgy in the region and the second largest in Europe.
  • 2014
    • Albanian Energy Suppliers starts importing, exporting, trading (wholesale and retail) electricity.
    • Tirana Business University joins BALFIN Group, as the only business school in Albania.
  • 2015
    • Carrefour Albania becomes part of BALFIN Group via a franchise deal.
    • Construction of Green Coast Resort starts, offering a high end resort in Palasa.
  • 2016
    SPAR joins BALFIN Group, expands and becomes the biggest network of supermarkets in Albania.
  • 2017
    • Stella Mare is established as a joint venture of Milsped and BALFIN Group, representing Maersk Line Company in Albania.
    • SmartPoint enters the electronic commerce sector, specifically selling smart devices, telecommunication services, as well as offering after sales support.
    • Skopje East Gate is launched. It will include ten blocks of residential units, five blocks of business units, and a shopping center of 250 stores.
  • 2018
    • BALFIN Real Estate starts offering premium properties to Albanian and international buyers.
    • BALFIN Group acquires Dyqan Taxi – the biggest online retailer in Albania – and rebrands it as Aladini.
    • BALFIN Group acquires NewCo Ferronikeli – biggest exporter in Kosovo and one of biggest producers of nickel in Europe.
  • 2019
    Tirana Bank – first private bank in Albania – becomes part of BALFIN Group.