Labor costs in Joint Stock Companies with a public institution capital in 2014

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Open Data Albania is exploring in terms of the labor cost in Joint Stock Companies with a public institution capital. Labor costs include the value of payments to employees, gross wages, social security contributions paid by employers, vocational training costs, recruitment costs and those for clothing, housing or other employment taxes.

From one hundred and twenty commercial companies under research, which were publicized in the NRC database, information about only sixty-eight of them was found in this database.

In the years 2012-2014, ALBCONTROL association had the highest labor cost. In 2014, the cost for human resources of this association was ALL 1.2 billion. Another company which has a labor cost of more than ALL 1 billion is Albanian Power Corporation KESH JSC.


Source: National registration Center (NCR)
Comments and analysis: ODA


Labor Costs of JSC Companies with a Public Institution capital, 2012-2014



Source: National registration Center (NCR)
Comments and analysis: ODA

Coverage of the Labor Cost through company?s annual turnover is an element that shows how the joint stock companies of a public institution manage to cover this expenditure category (cost) by themselves. To analyze this aspect, the coverage as a percentage of labor costs from the annual turnover of the company is calculated. The company with the most positive indicator is NDERKOMUNALE BUSHA, a small company with the value of labor costs of ALL 855 thousand and an annual turnover of ALL 24 million.

Coverage of the Labor Costs from Annual Turnover (in percentage), JSC with a Public Institution as a shareholder 2014


Source: National registration Center (NCR)
Comments and analysis: ODA

Companies, which have declared a turnover of ALL 0, or otherwise are funded entirely by public funds because they cannot cover their own costs of operation are ALBMINIERA JSC, Tirana Stock Exchange JSC and KRWM JSC.

Companies, which during 2014 had a turnover of less than the cost of labor or otherwise managed to cover only a portion of these costs are eighteen, 14 of which have a coverage of over 50%. Detailed data about capital, shareholders, annual turnover, profit before tax and managers of joint stock companies are published for each JSC at the well-structured database, Open Corporate Albania.




Excel datasets : XML, N3 datasets :
    Contributer: Griselda Rruci
    Translated by: