World lignite reserves
At 14.700 million tonnes, Kosovo possesses the world’s
fifth-largest proven reserves of lignite. This mineral is of
outstanding importance for the country, representing in a
long term one of the most crucial factors for the power
6 million m3 of Onyx Marble in Istog.
Large amounts of White and Gray Marble in Rahovec.
Very high amount of Black Marble in Rugova Gorge.
Gray Granite of Shipashnica is about 16.5 million m3.
Breccia Marble quarry in Decan has over 420,000 m3
and 2,400 000 m3 in Gadime near Lipjan.
Other decorative stones such as Gneiss, Andesite,
Magnesite, Serpentite, Quarzite, Trachyte, Porphyry etc.,
are available in large amounts.
The Ferronikeli nickel plant in Kosovo is supplied with nickel
ore from the group’s mines in the country, as well as imports of
third party ore from Albania, and supplemented with other ore
to optimise blends and production.
In 2006, Cunico Resources acquired Ferronikeli. Cunico
Resources is incorporated under Dutch law as the holding
company for a joint venture operation owned equally by
International Mineral Resources, Zürich, and BSGR, two
strategic investors in the metals and mining industry.
IMR is owned by the Eurasian Natural Resources Corporation
There is an opportunity to construct an highway
in Kosovo worth 1.17 billion euros and Turkish
companies can participate in such construction.
Turkish State Minister
Swedish Trade Council, June 2009.
There are 8 licensed banks, 2 pension funds, 16 other
financial intermediaries, 27 financial auxiliaries and 9
insurance companies in Kosovo. Six out of eight banks
in Kosovo are foreign-owned.
Procredit Bank arrived in Kosovo in 2000 and is now a
leading player with more than 40% share of the market
and more than 300,000 customers.
Insurance company Premium volume Market share
Sigal EURO 19.2. million 28%
Vienna Insurance Group – SIGMA
(Took over TBIH stakes in insurance companies in
Sigkos EUR 643.000
Dukagjini 320.000 private clients
Kosova E Re
Total EURO 85 million
The automobile sector again dominates the market
taking up a share of 57%. Currently only one single
company offers life insurances.
From being inexistent 10 years ago, Kosovar companies
in the IT sector offer today high quality services and the
latest technologies to their customers both locally as well
as to foreign companies who want to outsource their
software development or support centres.
Kujtesa. Owned by Slovenian Telecom.
IPKO (2008 revenue: EURO 41 million).
Dardanet. Subsidiary of Post and Telecom of Kosovo (PTK).
Size of market
EUR 10 Million per year.
According to the latest figures of the Telecommunication
Regulatory Authority (TRA) app. 15,3% of the Kosovars
use internet on a regular basis. Compared to the EU –
average of 38%, the usage of Internet in Kosovo can be
therefore considered as being significantly lower to an
EU – average.
Kosovo has 2 mobile telephony operators, with over
200 million Euro investment by the Slovenian Telecom
for one of them. The state-owned mobile telephony
operator VALA with over 850,000 users will be available
for privatization soon.
The mountainous south of Kosovo has great potential
for winter tourism. One of the most interesting
opportunities for foreign investors in this region is the
skiing resort Brezovica in the Sharr Mountains. The
resort, situated between 1,700 and 2,500 meters
above sea level, has been offered for privatization by
the Kosovo Trust Agency. It offers excellent weather
and snow conditions as well as long ski seasons from
November to May.
Population 2.2 Million
70% under 35 years old
Groups in population 88% Albanians
Source: http://www.asecu.gr/Seeje/issue05/beilock.pdf, p. 228
The Diaspora represents more than 17% of the
general Kosovo population.
Every person who has legal and regular residence
outside Kosovo, but who was born in Kosovo and
has close family and economic relations in Kosovo
is considered a member of Kosovar Diaspora.