After unprecedented levels of M&A activity in 2018, the M&A market in Albania has slowed down in the last 12 months. Telecoms & IT was the main market driver, with all four transactions on record from that sector.

Despite the slowdown, investors from within and from beyond the region remain interested in the country and large assets that come to market usually attract the interest of some major players.

Deals by value and volume


Top three deals



Target: Telekom Albania
Sector: Telecoms & IT
Stake: 99.8%
Buyer: Elvi Guri - private investor; Spas Roussev - private investor
Country of buyer: Bulgaria
Deal Value: N/A
Value Source: N/A



Target: Digicom
Sector: Telecoms & IT
Stake: 85%
Buyer: Albanian Telecommunications Union
Country of buyer: Albania
Deal Value: N/A
Value Source: N/A



Target: Abcom
Sector: Telecoms & IT
Stake: 100%
Buyer: Vodafone Group
Country of buyer: United Kingdom
Deal Value: N/A
Value Source: N/A

Value Source:

  1. Official data
  2. Market estimate provided by EMIS and based on publicly available information
  3. EMIS estimate

Top sector


Telecoms & IT:
4 deals

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Key contacts

Mirko Daidone
Managing Partner
T +355 4 430 2123