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Teda Tirana / A Young, Educated, and Relatively Affordable Workforce

Environment and Sustainbility

A Young, Educated, and Relatively
Affordable Workforce

Tirana, the vibrant capital of Albania, o­ers a unique and strategic advantage for businesses seeking a skilled and adaptable workforce. With its young and highly educated population, coupled with competitive costs, the city is a prime destination for investment and business growth.

Tirana is characterized by a young, dynamic, and highly educated workforce. The city hosts the largest number of universities in the country, ensuring a steady supply of talented professionals with advanced academic qualifications. This educational concentration ensures that businesses have access to professionals who are not only well-trained but also adaptable to the changing demands of the global market.

One of the standout features of Tirana’s workforce is its multilingual proficiency:

57% of Albania’s population is under the age of 35.

The average wage in Albania is the most competitive in the region. Albania has over 1 million well-educated, highly-motivated professionals. English, Italian, Greek, German and French are all widely spoken.

Each year, more than 100,000 students enroll in university studies.

This linguistic versatility allows businesses in Tirana to operate seamlessly across various markets, facilitating international trade, customer service, and cross-border collaboration.

Tirana off­ers one of the most competitive cost structures in the region, making it an attractive hub for businesses:

  • Average wages in Tirana are significantly lower than those in EU countries and neighboring regions, providing a cost-e­ffective solution for staffing.
  • Payroll taxes are among the lowest in the region, further reducing operational expenses for businesses.
  • The cost-benefit ratio for establishing new businesses in Tirana strongly favors investors, ensuring maximum return on investment.

85% of Energy Consump-tion from Clean Sources

Favorable Geographical Position

Competitive Market Incentives

On the Road to the EU, Sustainable Development, and Global Stability

Albania is officially a candidate country for European Union. Since then, the country has undertaken significant reforms to align its legislation, policies, and practices with EU standards. These efforts focus on meeting the requirements set out by the EU accession process and addressing key areas such as democracy, the rule of law, human rights, and the economy.
Albania has embraced Environmental, Social, and Governance (ESG) principles, which play a crucial role in achieving sustainable development.
By integrating EU legislation and adopting ESG practices, the country is building a foundation for sustainable growth and fostering regional and international cooperation. These e orts not only support Albania’s EU accession but also contribute to creating a more inclusive, sustainable, and resilient nation.

Albania has been a NATO member since 2009, gaining enhanced security, political stability, and improved infrastructure.
This membership has strengthened Albania’s global ties, offering investors a safe, predictable environment and access to broader markets.