BALFIN Group (Balkan Finance Investment Group) is an Albanian private investment group and one of the largest private investment groups in Western Balkans and some countries of the European Union . It owns some of the largest companies in Albania.
60-761: BALFIN Group is one of the most important and successful investment groups in the Western Balkans region. BALFIN Group was founded in 1993 in Vienna by Samir Mane , and today is present in Austria , Albania , Kosovo , Bosnia and Herzegovina , North Macedonia , Montenegro , Switzerland , Croatia , Netherlands , and in the United States of America . BALFIN is a diversified group active in real estate, wholesale and retail, banking, asset management, tourism, education, and logistics. The Group employs approximately 5,000 people, and
120-458: A humid subtropical ( Köppen : Cfa ) classification. The city has warm, showery summers, with average high temperatures ranging between 25 to 27 °C (77 to 81 °F) and a record maximum exceeding 38 °C (100 °F). Winters are relatively dry and cold with average temperatures at about freezing point. Spring is variable and autumn cool, with a chance of snow in November. Precipitation
180-630: A decline in the Viennese population. After World War II, the Soviets used force to repatriate key workers of Czech, Slovak and Hungarian origins to return to their ethnic homelands to further the Soviet bloc economy. The population of Vienna generally stagnated or declined through the remainder of the 20th century, not demonstrating significant growth again until the census of 2000. In 2020, Vienna's population remained significantly below its reported peak in 1916. Under
240-776: A different, probably Slavonic origin, and originally referred to an Avar fort in the area. Slovene speakers call the city Dunaj , which in other Central European Slavic languages means the river Danube , on which the city stands. Duchy of Austria 1156–1453 [REDACTED] Archduchy of Austria 1453–1485, 1490–1804 [REDACTED] Principality of Hungary 1485–1490 [REDACTED] Austrian Empire 1804–1867 [REDACTED] Austria-Hungary 1867–1918 [REDACTED] First Austrian Republic 1919–1934 [REDACTED] Federal State of Austria 1934–1938 [REDACTED] Nazi Germany 1938–1945 [REDACTED] Allied-occupied Austria 1945–1955 [REDACTED] Austria 1955–present In
300-687: A few more days until the Soviet Navy ’s Danube Flotilla naval force arrived with reinforcements. The remaining defending soldiers surrendered that same day. After the war, Vienna was part of Soviet-occupied Eastern Austria until September 1945. That month, Vienna was divided into sectors by the four powers: the US, the UK, France, and the Soviet Union and supervised by an Allied Commission . The four-power occupation of Vienna differed in one key respect from that of Berlin:
360-630: A major prestige project. Former suburbs were incorporated, and the city of Vienna grew dramatically. In 1918, after World War I , Vienna became capital of the Republic of German-Austria , and then in 1919 of the First Republic of Austria . From the late-19th century to 1938, the city remained a center of high culture and of modernism . A world capital of music, Vienna played host to composers such as Johannes Brahms , Anton Bruckner , Gustav Mahler , and Richard Strauss . The city's cultural contributions in
420-618: A novel and published it. Occupied Vienna is also depicted in the 1991 Philip Kerr novel, A German Requiem . The four-power control of Vienna lasted until the Austrian State Treaty was signed in May 1955 and came into force on 27 July 1955. By October, all soldiers had left the country. That year, after years of reconstruction and restoration, the State Opera and the Burgtheater , both on
480-517: A riot broke out in the city. The protestors, enraged by the decision, set the Palace of Justice ablaze. The police attempted to end the revolt with force and killed at least 84 protestors, with 5 policemen also dying. In 1933, right-wing Chancellor Engelbert Dollfuss dissolved the parliament , essentially letting him run the country as a dictatorship , banned the Communist Party and severely limited
540-643: A third of its population. In 1804, during the Napoleonic Wars , Vienna became the capital of the newly formed Austrian Empire . The city continued to play a major role in European and world politics, including hosting the Congress of Vienna in 1814–15. The city also saw major uprisings against Habsburg rule in 1848 , which were suppressed. After the Austro-Hungarian Compromise of 1867 , Vienna remained
600-646: A widespread prehistorical cult of Vindos , a Celtic deity who survives in Irish mythology as the warrior and seer Fionn mac Cumhaill. A variant of this Celtic name could be preserved in the Czech , Slovak , Polish and Ukrainian names of the city ( Vídeň , Viedeň , Wiedeń and Відень respectively) and in that of the city's district Wieden . The name of the city in Hungarian ( Bécs ), Serbo-Croatian ( Beč , Беч ) and Ottoman Turkish ( بچ , Beç ) has
660-647: Is a bank based in Tirana , Albania . The bank was founded in September 1996 and was the first privately owned bank in Albania. The bank was a subsidiary of Piraeus Bank until August 2018 when the agreement on the sale of Tirana Bank to Balfin Group and Komercijalna Banka was announced. In 2021, Tirana Bank had a market share of 5.46%, making it the 7th largest bank in Albania. This bank and insurance -related article
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#1733085987811720-573: Is a major player in the Albanian and international markets operating in ten countries. The beginnings of Balfin Investment Group started in 1993 in Vienna , where Samir Mane founded Alba-Trade. Having started with the trade of electronic devices, soon the BALFIN Group, created by Mane managed to create the largest network of electronics stores in Albania, Neptun and then extending the network in
780-724: Is borrowed from the homonymous Italian name. The German name Wien comes from the name of the river Wien , mentioned ad UUeniam in 881 ( Wenia- in modern writing). The name of the Roman settlement on the same emplacement is of Celtic extraction Vindobona , probably meaning "white village, white settlement" from Celtic roots, vindo- , meaning "white" (Old Irish find "white", Welsh gwyn / gwenn , Old Breton guinn "white, bright" > Breton gwenn "white"), and -bona "foundation, settlement, village", related to Old Irish bun "base, foundation" and Welsh bon , same meaning. The Celtic word vindos may reflect
840-452: Is completely surrounded by Lower Austria , and lies around 50 km (31 mi) west of Slovakia and its capital Bratislava , 60 km (37 mi) northwest of Hungary , and 60 km (37 mi) south of Moravia ( Czech Republic ). The once Celtic settlement of Vedunia was converted by the Romans into the castrum Vindobona (province of Pannonia ) in the 1st century, and
900-461: Is generally moderate throughout the year, averaging around 600 mm (23.6 in) annually, with considerable local variations, the Vienna Woods region in the west being the wettest part (700 to 800 mm (28 to 31 in) annually) and the flat plains in the east being the driest part (500 to 550 mm (20 to 22 in) annually). Snow in winter is common, even if not so frequent compared to
960-493: Is perhaps most well known for its Gemeindebauten , public housing buildings. Between 1925 and 1934, over 60,000 new apartments were built in the Gemeindebauten. Apartments were assigned on the basis of a point system favoring families and less affluent citizens. In July 1927 , after three nationalist far-right paramilitary members were acquitted of the killing of two social democratic Republikanischer Schutzbund members,
1020-601: Is plentiful. Remains of the military camp have been found under the city, as well as fragments of the canal system and figurines. Close ties with other Celtic peoples continued through the ages. The Irish monk Saint Colman (or Koloman, Irish Colmán , derived from colm "dove") is buried in Melk Abbey and Saint Fergil (Virgil the Geometer) served as Bishop of Salzburg for forty years. Irish Benedictines founded twelfth-century monastic settlements; evidence of these ties persists in
1080-471: Is representative of Maersk Line Company, the largest group of shipping containers in the world, offering its services in Albania. Balfin Group continued to expand even in 2018 when Skopje East Gate (SEG), which was established in 2017, announced a large investment in North Macedonia , including a shopping center, and several blocks of residential and business complexes. In 2018, Balfin Group concluded
1140-413: Is the capital, most populous city , and one of nine federal states of Austria . It is Austria's primate city , with just over two million inhabitants. Its larger metropolitan area has a population of nearly 2.9 million, representing nearly one-third of the country's population. Vienna is the cultural , economic , and political center of the country, the fifth-largest city by population in
1200-580: Is the seat of the Metropolitan Roman Catholic Archdiocese of Vienna , in which is also vested the exempt Ordinariate for Byzantine-Rite Catholics in Austria; its Archbishop is Cardinal Christoph Schönborn . Many Catholic Churches in central Vienna feature performances of religious or other music, including masses sung to classical music and organ. Some of Vienna's most significant historical buildings are Catholic churches, including
1260-924: The Austrian Armed Forces shelled the Karl-Marx-Hof , a civilian housing estate, and the Schutzbund surrendered. On 15 March 1938, three days after German troops had first entered Austria, Adolf Hitler arrived in Vienna. 200,000 Austrians greeted him at the Heldenplatz , where he held a speech from a balcony in the Neue Burg, in which he announced that Austria would be absorbed into Nazi Germany . The persecution of Jews started almost immediately, Viennese Jews were harassed and hounded, their homes and businesses plundered. Some were forced to scrub pro-independence slogans off
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#17330859878111320-718: The European Union , and the most-populous of the cities on the Danube river . The city lies on the eastern edge of the Vienna Woods ( Wienerwald ), the northeasternmost foothills of the Alps , that separate Vienna from the more western parts of Austria, at the transition to the Pannonian Basin . It sits on the Danube , and is traversed by the highly regulated Wienfluss ( Vienna River ). Vienna
1380-735: The Ringstraße , reopened to the public. In the Autumn of 1956, Vienna accepted many Hungarian refugees , who had fled Hungary after an attempted revolution . The city experienced another wave of refugees after the Prague Spring in Czechoslovakia in 1968, as well as after the collapse of Yugoslavia in 1991. In 1972 the construction of the Donauinsel and the excavation of the New Danube began. In
1440-719: The Soviet air force . Only after the Allies had taken Italy did the next raids commence. From 17 March 1944, 51 air raids were carried out in Vienna. Targets of the bombings were primarily the city's oil refineries . However, around a third of the city center was destroyed, and culturally important buildings such as the State Opera and the Burgtheater were burned, and the Albertina was heavily damaged. These air raids lasted until March 1945, just before
1500-557: The St. Stephen's Cathedral ( Stephansdom ), Karlskirche , Peterskirche and the Votivkirche . On the banks of the Danube is a Buddhist Peace Pagoda , built in 1983 by the monks and nuns of Nipponzan Myohoji . Vienna is located in northeastern Austria, at the easternmost extension of the Alps in the Vienna Basin . The earliest settlement, at the location of today's inner city , was south of
1560-510: The Western and Eastern blocs , which deeply distrusted each other. The city experienced an economic upturn due to the Marshall Plan . The atmosphere of four-power Vienna is the background for Graham Greene 's screenplay for the film The Third Man (1949). The film's theme music was composed and performed by Viennese musician Anton Karas using a zither . Later he adapted the screenplay as
1620-528: The 16th century of the Habsburg emperors of the Holy Roman Empire with an interruption between at the turn to the 17th century until 1806, becoming an important center in the empire. In the 16th and 17th centuries, Christian forces twice stopped Ottoman armies outside Vienna, in the 1529 siege of Vienna and the 1683 Battle of Vienna . The Great Plague of Vienna ravaged the city in 1679, killing nearly
1680-504: The 1st century, the Romans set up the military camp of Vindobona in Pannonia on the site of today's Vienna city center near the Danube with an adjoining civilian town to secure the borders of the Roman Empire . Construction of the legionary camp began around 97 AD. At its peak, Vindobona had a population of around 15,000 people. It was a part of a trade and communications network across
1740-590: The 2021 census, 49.0% of Viennese were Christian. Among them, 31.8% were Catholic , 11.2% were Eastern Orthodox , and 3.7% were Protestant , mostly Lutheran , 34.1% had no religious affiliation, 14.8% were Muslim , and 2% were of other religions, including Jewish. One sources estimates that Vienna's Jewish community is of 8,000 members meanwhile another suggest 15,000. Based on information provided to city officials by various religious organizations about their membership, Vienna's Statistical Yearbook 2019 reports in 2018 an estimated 610,269 Roman Catholics, or 32.3% of
1800-601: The Empire. Roman emperor Marcus Aurelius may have died here in 180 AD during a campaign against the Marcomanni . After a Germanic invasion in the second century the city was rebuilt. It served as a seat of the Roman government until the fifth century, when the population fled due to the Huns invasion of Pannonia. The city was abandoned for several centuries. Evidence of the Romans in the city
1860-533: The Nazi regime, 65,000 Jews were deported and murdered in concentration camps by Nazi forces; approximately 130,000 fled. By 2001, 16% of people living in Austria had nationalities other than Austrian, nearly half of whom were from former Yugoslavia ; the next most numerous nationalities in Vienna were Turks (39,000; 2.5%), Poles (13,600; 0.9%) and Germans (12,700; 0.8%). As of 2012 , an official report from Statistics Austria showed that more than 660,000 (38.8%) of
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1920-787: The Parliament, the French in Hotel Kummer on Mariahilferstraße, the Americans in the National Bank , and the British in Schönnbrunn Palace . The division of the city was not comparable to that of Berlin . Although the borders between the sectors were marked, travel between them was freely possible. During the ten years of the four-power occupation, Vienna was a hotbed for international espionage between
1980-399: The Soviet troops started the Vienna offensive . The Red Army , who had previously marched through Hungary , first entered Vienna on 6 April. They first attacked the eastern and southern suburbs, before moving on to the western suburbs. By the 8th they had the center of the city surrounded. The following day the Soviets started with the infiltration of the city center. Fighting continued for
2040-422: The Viennese population have full or partial migrant background, mostly from Ex-Yugoslavia, Turkey, Germany, Poland, Romania and Hungary. From 2005 to 2015 the city's population grew by 10.1%. According to UN-Habitat , Vienna could be the fastest growing city out of 17 European metropolitan areas until 2025 with an increase of 4.65% of its population, compared to 2010. Religion in Vienna (2021) According to
2100-485: The Western and Southern regions of Austria. Vienna is composed of 23 districts ( Bezirke ). Administrative district offices in Vienna, called Magistratische Bezirksämter, serve functions similar to those in the other Austrian states (called Bezirkshauptmannschaften), the officers being subject to the mayor of Vienna; with the notable exception of the police, which is under federal supervision. Tirana Bank Tirana Bank
2160-467: The acquisitions of Dyqan Taxi, the largest online retailer in Albania, NewCo Ferronikeli, the largest exporter of Kosovo and one of the largest producers of nickel in Europe, and Tirana Bank , the first private bank in Albania. Vienna Vienna ( / v i ˈ ɛ n ə / vee- EN -ə ; German: Wien [viːn] ; Austro-Bavarian : Wean [veɐ̯n] )
2220-402: The capital of Austria-Hungary (1867–1918). In 1910, Vienna had more than two million inhabitants and was the third largest city in Europe after London and Paris. Around the start of the 20th century, Vienna was the city with the second-largest Czech population in the world (after Prague ). After World War I, many Czechs and Hungarians returned to their ancestral countries, resulting in
2280-581: The capital of what became the Austro-Hungarian Empire . The city functioned as a center of classical music, for which the title of the First Viennese School (Haydn/Mozart/Beethoven) is sometimes applied. During the latter half of the 19th century, Vienna developed what had previously been the bastions and glacis into the Ringstraße , a new boulevard surrounding the historical town and
2340-464: The central area of the city, known as the first district, constituted an international zone in which the four powers alternated control on a monthly basis. The city was policed by the four powers on a day-to-day basis using the "four soldiers in a jeep" method, which had one soldier from each nation sitting together. The four powers all had separate headquarters, the Soviets in Palais Epstein next to
2400-506: The city were arrested. Adolf Eichmann held office in the expropriated Palais Rothschild and organized the expropriation and persecution of the Jews. Of the almost 200,000 Jews in Vienna, around 120,000 were driven to emigrate and around 65,000 were killed. After the end of the war, the Jewish population of Vienna was only about 5,000. In 1942 the city suffered its first air raid , carried out by
2460-482: The construction of Green Coast Resort & Residences, the first premium resort located on Caesar's Beach in Palasa , Albania. The beachfront Resort has finished delivering the villas built in the first and second phase and is now constructing phase 3 and 4 (Final) including a 5 star international brand hotel. REAL ESTATE – Balfin Group started the activity in the field of construction in the early of 2000, first focusing on
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2520-705: The construction of residential and commercial areas in Albania. Latter the Group expanded its activity in the construction of Commercial and Industrial areas, elite and tourism projects not only in Albania, but also in North Macedonia, Austria etc. In the same year AgroCon Albania was established, developing its activity in the field of agriculture for the production of agricultural products, wholesale and retail of agricultural products in Albania and abroad. SPAR became part of Balfin in 2016, intending major investment and an expansion of SPAR in Albania. A joint venture established by Milsped and Balfin Group in 2017, Stella Mare,
2580-475: The construction of this important project, Balfin Group concluded one of the most important investments of the group abroad, Skopje City Mall, which was sold a few years later. In 2013, Balfin Group acquired 100% the shares of ACR Holding, which is now called AlbChrome. AlbChrome is the leader in the mining and metallurgy industry in Albania, the Balkans and the second largest in Europe. In 2015, Balfin Group started
2640-525: The early part of the 20th century. Vienna was home to the world's first psychoanalyst, Sigmund Freud . The historic center of Vienna is rich in architectural ensembles, including Baroque palaces and gardens, and the late-19th-century Ringstraße , which is lined with grand buildings, monuments, and parks. In 2024, Vienna retained its position as most livable city per the Economist Intelligence Unit , and has spent every year since 2015 in
2700-588: The first half of the 20th century included, among many, the Vienna Secession movement in art, the Second Viennese School , the architecture of Adolf Loos , the philosophy of Ludwig Wittgenstein , and the Vienna Circle . The city of Vienna became the center of socialist politics from 1919 to 1934, a period referred to as Red Vienna ( Das rote Wien ). After a new breed of socialist politicians won
2760-408: The form of Vienna's great Schottenstift monastery (Scots Abbey), once home to many Irish monks. In 976, Leopold I of Babenberg became count of the Eastern March , a district centered on the Danube on the eastern frontier of Bavaria . This initial district grew into the duchy of Austria . Each succeeding Babenberg ruler expanded the march east along the Danube, eventually encompassing Vienna and
2820-403: The influence of the Social Democratic Party . This led to a civil war between the right-wing government and socialist forces the following year, which started in Linz and quickly spread to Vienna. Socialist members of the Republikanischer Schutzbund barricaded themselves inside the housing estates and exchanged fire with the police and paramilitary groups. The fighting in Vienna ended after
2880-420: The lands immediately east. In 1155, Henry II, Duke of Austria moved the Babenberg family residence with the founding of the Schottenstift from Klosterneuburg in Lower Austria to Vienna. From that time, Vienna remained the center of the Babenberg dynasty. Hungary occupied the city between 1485 and 1490. Vienna became at the turn to the 16th century the seat of the Aulic Council and subsequently later in
2940-410: The largest German-speaking cities in the world, being the largest in the 18th and 19th century, peaking at two million inhabitants before it was overtaken by Berlin at the beginning of the 20th century. Vienna is host to many major international organizations , including the United Nations, OPEC and the OSCE . In 2001, the city center was designated a UNESCO World Heritage Site . In July 2017, it
3000-422: The local elections they engaged in a brief but ambitious municipal experiment. Social democrats had won an absolute majority in the May 1919 municipal election and commanded the city council with 100 of the 165 seats. Jakob Reumann was appointed by the city council as city mayor. The theoretical foundations of so-called Austromarxism were established by Otto Bauer , Karl Renner , and Max Adler . Red Vienna
3060-412: The meandering Danube while the city now spans both sides of the river. Elevation ranges from 151 to 542 m (495 to 1,778 ft). The city has a total area of 414.65 square kilometers (160.1 sq mi), making it the largest city in Austria by area. Vienna has a borderline oceanic ( Köppen : Cfb ) and humid continental climate ( Köppen : Dfb ), with some parts of the urban core being warm enough for
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#17330859878113120-432: The neighboring countries of Kosovo and Macedonia. Neptun's chain of stores was positioned from the beginning in 1993 as the main electronics player in the Albanian market supplying the demand with the best brands and latest technology. Today this business created by Mane counts 28 stores in Albania and more than 27 in Kosovo and North Macedonia . In 2005, Balfin Group built QTU, the first shopping center, revolutionizing
3180-441: The population, and 200,000 (10.4%) Muslims, 70,298 (3.7%) Orthodox, 57,502 (3.0%) other Christians, and 9,504 (0.5%) other religions. A study conducted by the Vienna Institute of Demography estimated the 2018 proportions to be 34% Catholic, 30% unaffiliated, 15% Muslim, 10% Orthodox, 4% Protestant, and 6% other religions. As of the spring of 2014, Muslims made up 30% of the total proportion of schoolchildren in Vienna. Vienna
3240-440: The same decade, Austrian Chancellor Bruno Kreisky inaugurated the Vienna International Centre , a new area of the city created to host international institutions. Vienna has regained much of its former international stature by hosting international organisations, such as the United Nations. Because of the industrialization and migration from other parts of the Empire, the population of Vienna increased sharply during its time as
3300-448: The streets. This culminated in the Kristallnacht , a nationwide pogrom against the Jews carried out by the Schutzstaffel and the Sturmabteilung , with support of the Hitler Youth and German civilians. All synagogues and prayer houses in the city were destroyed, bar the Stadttempel , due to its proximity to residential buildings. Vienna lost its status as a capital to Berlin , as Austria had ceased to exist. The few resistors in
3360-499: The top 2 places, bar 2021 due to the COVID-19 lockdowns . The place is mentioned as Οϋι[νδ]όβονα (Oui[nd]obona) in the 2nd century AD (Ptolemy, Geography , II, 14, 3); Vindobona in the 3rd century ( Itinerarium Antonini Augusti 233, 8); Vindobona in the 4th century ( Tabula Peutingeriana , V, 1); Vindomana ab. 400 ( Notitia Dignitatum , 145, 16); Vindomina, Vendomina in the 6th century ( Jordanes , De origine actibusque Getarum , 50, 264). The English name Vienna
3420-630: The way that Albanians used to shop. In 2011, Balfin Group built a second shopping center TEG , the most modern and biggest shopping center in Albania and the region. In the same year, Jumbo Albania , the largest toy store in the Balkans became part of BALFIN Group. From 2005 until 2011, several companies were created or became part of BALFIN Group such as: Fashion Group ALBANIA, ACREM, FoodWay, Elektro-Servis. In 2012, Balfin Group started building Tirana Logistic Park , designed to provide services not only to Albanian businesses, but primarily offering an international standard service. Immediately after starting
3480-402: Was elevated to a municipium with Roman city rights in 212. This was followed by a time in the sphere of influence of the Lombards and later the Pannonian Avars , when Slavs formed the majority of the region's population. From the 8th century on, the region was settled by the Baiuvarii . In 1155, Vienna became the seat of the Babenbergs , who ruled Austria from 976 to 1246. In 1221, Vienna
3540-435: Was granted city rights. During the 16th century, the Habsburgs , who had succeeded the Babenbergs, established Vienna as the seat of the emperors of the Holy Roman Empire , a position it held until the empire's dissolution in 1806, with only a brief interruption. With the formation of the Austrian Empire in 1804, Vienna became the capital of it and all its successor states. Throughout the modern era Vienna has been among
3600-434: Was moved to the list of World Heritage in Danger . Vienna has been called the "City of Music" due to its musical legacy, as many famous classical musicians such as Beethoven , Brahms , Bruckner , Haydn , Mahler , Mozart , Schoenberg , Schubert , Johann Strauss I and Johann Strauss II lived and worked there. It played a pivotal role as a leading European music center, from the age of Viennese Classicism through
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