Balfin Group
Albanian Business Mogul Withdraws From Buying Euronews Albania
The Kastrati Group has given up a sales contract worth 2.37 million euros to buy 60 per cent of Euronews Albania television and has returned its shares to the station's previous owner, Theodhoro Çami.
On July 6, the parties agreed by mutual consent to cancel the April 11 contract and have no further claims against each other.
Powerful Albanian Businessmen Pick up Struggling TV Channels
Powerful, politically-connected businessman Shefqet Kastrati has entered Albania's crowded media market with the purchase on Monday of Euronews Albania, following in the footsteps of Samir Mane who bought TV SCAN last month.