This is new, Today we have started preparations fo
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Prime Minister Edi Rama has thrown strong accusations against the Energy Distribution Company (OSHEE), considering it as a threat to the economy until recently.
Rama emphasized that an important transformation has already taken place, starting from the most essential point of view, the establishment of legality in the energy sector and the transformation of the company from a risky asset to the economy, into an asset that is revalued today day after day. According to him, inherited a situation where losses were approaching 50%, whereas today they are halved and within the year are projected to go up to 10%.
"Energy Distribution Company, a threat symbol for the economy. It was a dramatic stage in every respect. What we did was an important transformation from the most essential point of view, the establishment of legality in the energy sector and the transformation of the company from a risky asset to the economy, into an asset that is revalued today day after day. To keep up the distribution system and to power the country, the State Budget funded 150 million euros annually as compensation for losses. We respected a situation where losses approached 50%, while today they are halved and the strategy foresees that they go to 10%. Within a few years we will have a 100% market opening of the energy market. Today we have started preparations for another important step, which will create a new atmosphere in customer relations and OSHEE. We have started work for an IPO and by the end of the year we will be ready to offer Albanian citizens the opportunity to participate as shareholders in OSHEE, which next year will have a mutual benefit for the company and the citizens "
Edi Rama, prime minister of the country
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