News

Balfin Group Announces the Sale of Skopje City Mall

Balfin Group, the largest investment group in Albania is pleased to announce the sale of Skopje City Mall to Hystead Limited of the United Kingdom for €92 mln.

Skopje City Mall was designed, constructed and operated by Balfin MK and opened in late 2012. Located in the urban part of the capital of Macedonia Skopje, Skopje City Mall is the first modern shopping centre in Macedonia with a completely new concept that brings together shopping, entertainment and companionship.

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Albania to get first SPAR Hypermarkets and Supermarkets

Albania will soon get its first Spar supermarkets following a licensing deal with local private investment group Balfin (through its SPAR Albania unit).
Work is currently underway, focusing first on the launch of two Interspar hypermarkets and thereafter on rolling out the conversion of supermarkets.
By 2017, Balfin Group plans to open over 100 supermarkets and 10 hypermarkets, creating the largest retail network in Albania and investing over €50 million in the project.
SPAR Albania has also invited all potential partners who have stores and operate in the retail sector to join the SPAR network via sub-franchising agreements.

AgroCon Albania is certified with Global GAP standarts

AgroCon Albania has successfully accomplished the certification process with Global GAP standards. This certificate guarantees the highest quality of products according to the product cultivation concerning the technology and agronomic processes cultivation, starting from biological plant growth cycle till the delivery to the consumer. Global GAP practices enable the production of vegetables free of harmful pesticides which damage consumer’s health and are ecofriendly at the same time. Agrocon Albania, as one of the key players in the field of agricultural investments is establishing new standards by implementing the most advanced technology. Global GAP certification guarantees export of AgroCon products in foreign markets.

For the first time in Albania, Balfin Group presents Commercial Papers

Balfin Group introduces for the first time in the Albanian market the Commercial Paper as an alternative for short and midterm investment opportunity, thus giving the proper support to the financial market in the country.

Balfin, as the most innovative group in the country, the leader in developing new ideas, becomes the front runner of new approaches offering financial instruments that are accompanied by a quick return on investment.  Because of the successful ideas in investments, Balfin Group is revolutionizing the Albanian market and the consumer behavior even further.

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