Kastrati Group is an Albanian oil and gas company, with operations spanning various sectors, including energy, trade, construction, and transportation. Founded in 1990, the company has grown to become a dominant player in Albania's economy, contributing significantly to the country's development and infrastructure.[2] Activities include operating Shell plc petrol stations,[3] leisure industry,[4] air travel,[5] and associated retail.[6]
History
Kastrati Group was founded in 1991 by Shefqet Kastrati during Albania's transition from communism to a market economy. Initially focused on fuel distribution, the company rapidly expanded its operations into various sectors, including construction, energy, and trading.[7]
In the 1990s and early 2000s, Kastrati Group established a widespread network of petrol stations and entered the bulk terminal business with the development of MBM Port in Porto-Romano. The company played a pivotal role in Albania's infrastructural development, undertaking major projects such as commercial and residential complexes in Tirana and other key cities.[7]
In 2020, Kastrati Group made a landmark acquisition by purchasing a 100% stake in Tirana International Airport, Albania's main international airport, further solidifying its presence in the country's strategic industries.[7]
Over the last decade, Kastrati Group has continued to diversify its portfolio, venturing into insurance with Albsig, automotive distribution with Auto Star (Mercedes-Benz), retail chains, and media ownership including Euronews Albania.[7]
Today, Kastrati Group stands as one of Albania's largest and most influential conglomerates, playing a critical role in the country's economic development and regional business landscape.[7]
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