TIRANA, Dec 23 /ATA/ The number of foreign businesses in our country increased by 2.7% during 2020 reaching 4433 businesses in total from 4269 in 2019.
According to INSTAT data, in 2020, foreign and joint ventures have realized 16.4% of total employment and 22.6% of net sales.
EU countries represent the largest share of employment in foreign and joint ventures. In 2020 these countries accounted for 77.8% of total employment.
For the employment indicator, the highest share of foreign and jointly owned enterprises for 2020 belongs to the manufacturing sector with an estimated 38.9%. For the sales indicator, the highest percentage of foreign and jointly owned enterprises for 2020 belongs to the trade sector with 30.0%.
In the extractive industry sector, most of the net sales are realized by enterprises owned by the group of other countries 82.9% where China is the dominant country with 59.2%. In other sectors, most of the net sales were realized by EU countries; processing industry 61.0%, electricity & water 73.3%, construction 70.6%, trade 70.8%, transport & communication 65.8% and other services 81.9%.
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