
Tirana DC was established in October 2020 as a joint stock company with 100 percent ownership by the Municipality of Tirana. The company was established in order to enter the construction and reconstruction business.
But today, which has entered its fourth year, the company has not performed any economic activity. The only thing it does is burn people's money.
According to data from the official balance sheets for the years 2020, 2021 and 2022, Tirana DC recorded a progressive loss of 183 million ALL or 1.8 million euros. To these figures, 1 million euros of other losses are likely to be added in 2023, the balance of which has not yet been made public. So 3 million euros spent on a company with practically no activity, which does not produce any economic value or public benefit.
Tirana DC currently pays around 500,000 euros per year in salaries for its 35 employees. At the same time, he pays another 200,000 euros in rent per year for a building somewhere on "Bardhok Biba" street. The private company, which has given the premises to Tirana DC and receives 200,000 euros in rent per year, is Ed Konstruksion.
Beyond the salaries and the rent of the building, Tirana DC pays 55,000 euros per year in rent and leasing for vehicles, 50,000 euros per year for professional training and the same amount per year for licenses and IT software. Tirana DC only loses money because there is no economic activity. Until now, the losses of Tirana DC have been covered by loans from the Municipality of Tirana.
In 2021, the Municipality of Tirana gave 970 thousand euros to Tirana DC society to finance the activity and cover the losses. In 2022, the Municipality gave another 1 million euros in loans to finance the activity and cover losses. The figure for 2023 is not yet known, while Tirana DC has begun not to pay services and even salaries.
A company that does not perform any economic activity, but only loses, has a high risk of going bankrupt. As a result, he should no longer repay the public loan he received from the Municipality of Tirana. At this point, the City Council of Tirana must urgently request the closure of Tirana DC. So that she no longer burns citizens' money on salaries and training for employees who do no work. Or for rent for buildings and cars.
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