Vlora Marina consortium (Balfin Group, Marina di Valona sh.p.k, Marina Projects Ltd, Brunes sh.p.k)
Ownership as documented
Mixed. Balfin reported at 10 percent of the residential component. Other shareholder percentages not documented in the sources reviewed.
Description
Consortium that holds the 35-year marina concession in Vlora. Per SeeNews, Balfin Group is an investor in the residential part with a 10 percent share. The concession obliges the investors to transfer the facility to the state when it ends. A UK-Albanian joint venture is reported to have won the concession tender in 2021. The seenews headline says 350 million euros. PortsEurope gives 350 million for a 400-yacht marina with a residential zone; SeeNews gives about 45 million for the port alone. The two figures conflict and need checking against the concession contract.
Contracts and money
Consortium investor (10% residential)
Evidence: SeeNews names Balfin as an investor in the Vlora marina consortium holding a 35-year concession.
Figures recorded for the cases linked to this organisation. A figure here is not necessarily paid to or by this organisation; check payer and payee.
Vlora marina investment value (conflicting figures)
€350,000,000
contractSource label: Under investigationStated definition: PortsEurope: 350 million euros for a 400-yacht marina including a residential zone. SeeNews: about 45 million euros for the port alone. The two figures conflict; the 350 million figure is the SeeNews headline for the consortium project.
Date: unknown · Payer: Vlora Marina consortium · Payee: Project
- Albania's Balfin partners investing in 350 mln euro Vlora marina project (opens in a new tab)SeeNews · unknown · journalism · EN
Officials and people linked
No person is linked to this organisation in the research.
Investigations and cases
Sorted by reported money, then by linked people and their legal status. The money figure is the largest single reported figure, not a total.
From 2021
Vlora Marina concession and Balfin's role
The Vlora Marina is a 35-year concession, awarded after a 2021 tender to a consortium that includes Balfin Group (Samir Mane). Reports say Balfin entered the consortium around 2022 and was then…
Status: Concession signed; construction status not confirmed in sources reviewed
Sources for this record
Every source the research cites for this record, grouped by its source label. 2 sources.
Source label: Under investigationUnder investigation · 2 sources
- Publisher
- SeeNews
- Date
- unknown
- A dark glimpse into Albania's touristic future: the players behind Vlora marina (opens in a new tab)
- Publisher
- IRL.mk
- Date
- 2022