Kastrati Group Sh.a, one of Albania’s leading companies, has partnered with Coral S.A. and Coral Albania Sh.a to introduce Shell-branded service stations in Albania for the first time. The announcement signals a major development in the nation’s energy market, with the first stations expected to open by the end of 2024.

Why is this important: The arrival of Shell’s premium fuel products and services in Albania marks a significant milestone, bringing globally recognized energy standards to local consumers. The partnership is set to enhance the Albanian energy sector, offering quality and sustainability in fuel services.

Context: The first Shell stations will open in late 2024.This development is expected to increase competition and raise the quality of fuel and energy services throughout the country. “We are excited to partner with Coral S.A. to bring Shell to Albania,” said a representative of Kastrati Group, – “This represents a significant advancement for our energy sector, offering a broader range of premium products. This is just the beginning, and we are committed to sustainable growth and new opportunities for Albania.”

Representatives from Coral Albania explained that the collaboration with Kastrati Group is aligned with their strategy to expand operations in Southeastern Europe. The partnership, they said, will mark a new era for retail fuel stations and energy services in Albania.”

Who is who: Kastrati Group Sh.a is a leading Albanian company with over 30 years of experience. It operates in multiple sectors, including fuel trading, tourism, insurance, finance, construction, and retail. Coral S.A. on the other hand, has been active in the Greek oil market since 1926. With more than 800 Shell-branded stations in Greece and a strong presence in Southeastern Europe, Coral S.A. is a market leader. It has been expanding its operations in Albania since 2017.