FFM Group LLC
FFM Group LLC (Free and Fair Media Group) was founded in 21/09/2011, by Alba Malltezi, Eva Doçi and an Italian company Superba LLC. Malltezi, the wife of an Italian journalist and media owner, Carlo Bollino, has the majority of the shares (74.96%) in the FFM Group.
The company was created right after the Italian company Edisud LLC sold its media holdings in Albania, which were headed by Bollino for nearly 2 decades. Immediately after being registered, FFM Group founded, as majority shareholder with 80%, Shqiptarja.com LLC, which started to publish the newspaper and a website with the same name.
Later in 2013, the company Media Content LLC, which is also owned by Free and Fair Media Group, bought a 34% stake in a television station, Balkan TV, owned by media mogul and former MP Koco Kokedhima. The TV station was rebranded under the name A1 Report TV. The joint venture between FFM and Balkan TV, ended in September 2015; however, problems between the two parties had already been registered earlier.
After Kokedhima and the company, owned by Malltezi fell off, her husband Carlo Bollino relaunched the TV station under the brand Report TV, but this time under the ownership of Multiscreen LLC, a company owned 100% by Bollino himself.
FFM Group and Multiscreen are treated here as separate companies, but the media outlets they own act publicly as belonging to one group. The newspaper, the website both called Shqiptarja.com, publish Report TV videos, and the latter reports news published in the newspaper. Furthermore, the group’s Facebook page and the website include articles which treat all the three of outlets as related to FFM group under the direction of Bollino and Malltezi.
Business Form
Private
Legal Form
Limited Liability Company
Business Sectors
Publishing; Television Broadcasting
Individual Owner
Eva Doçi
Eva Doçi controls 20% of shares in Free and Fair Media Group LLC. She is related to an Albanian businessman who owns shares at Birra Tirana JSC and several trade activities.
Superba LLC
Superba S.L.R (LLC) is an Italian company and controls 5.04% of shares in Free and Fair Media Group LLC. Superba is active in Albanian oil distribution business. They are part of Petrolifera Italo Rumena S.L.R (PIR Group), which owns also all the shares of Petrolifera Italo Albanese. Petrolifera Italo Albanese JSC (PIA), is one of the main operators and owns a coastal terminal for LPG (Liquefied Petroleum Gases), Oil, (Diesel, Gasoline etc.) and additional liquid and dry products in the Bay of Vlora. Some of Shqiptarja.com articles in past years, show that there is a possible affiliation.
Other TV Outlets
TV BALLKAN
Media Business
Television Broadcasting
TV BALLKAN (35%)
Publishing
Shqiptarja.com (80%)
Business
Oil & Gas Distribution
Superba S.L.R
Everest Oil (54%) through Superba LLC
General Information
Founding Year
2011
Affiliated Interests Founder
Alba Malltezi, Eva Doçi and an Italian company Superba LLc are the founders of FFM Group LLC, and the media outlets owned by this company.
Alba Malltezi – is a majority shareholder of Free and Fair Media, which owns 80% of the newspaper Shqiptarja.com. Malltezi also controls the company Media Content owned 100% by FFM Group, which still has 35% of shares in A1 television, now closed. Malltezi is the wife of the Italian journalist and publisher Carlo Bollino, and both are perceived as being backers of Prime Minister Edi Rama. Albanian former right-wing Prime Minister Sali Berisha and the opposition Democratic Party have accused Carlo Bollino and his wife of being politically close to Prime Minister Edi Rama.
Malltezi and her husband have vehemently rejected the charges as politically motivated, citing their critical stances when Berisha was in power as president and prime minister.
Employees
Missing Data
Contact
Njesia Bashkiake nr 2, Rruga Niko Pushkin, 3 Kullat, Kulla 2, Kati 1, Tirana
Tel: +355 682059476
Website: shqiptarja.com
Tax/ ID Number
L12122018Q
Financial Information
Revenue (Financial Data/ Optional)
0.03 Mio. $ / 3.9 Mio. Lek
Operating Profit (in Mill. $)
0.00 Mio. $ / 0.23 Mio. Lek
Advertising (in % of total funding)
Missing Data
Management
Other Influential People
Carlo Bollino – although he is not listed as owner or CEO of the company, Carlo Bollino, a former journalist at the Italian news agency ANSA, is considered the key figure behind Shqiptarja.com and Report TV- where he owns 100% of shares. Although Bollino is perceived as close to the government and Socialist Prime Minister Edi Rama, he has rejected such accusations as politically motivated and has affirmed his independence. The opposition has also accused Carlo Bollino of benefiting from an NGO project, which turned Albania’s Cold War era bunkers into museums, BunkArt. Bollino has denied any wrongdoing. Carlo Bollino is the husband of Alba Maltezzi, the owner of the company.
Lindita Dode – is the founder of the company Multiscreen, which she sold to Carlo Bollino for 3.5 million Lek and now runs the company as its administrator. Dode is an old aide to Bollino. Her name is listed in the company who built the Bunkart project – associated with Bollino. She is also a former administrator at Media Content, a company owned by Bollino’s wife.
Genci Kondi – is part of a group of journalists that founded the daily newspaper Shqiptarja.com. He took over the post of director of the newspaper after the departure of former editor in chief Anila Basha. Kondi is an experienced business journalist who has worked with Malltezi and Bollino since their time at the daily newspaper Gazeta Shqiptare.
Further Information
Meta Data
FFM Group is a group of companies owned primarily by Alba Malltezi. The ownership data and financial statements for FFM Group LLC and other companies owned by it were obtained from the Albanian National Business Register. The financial data provided are for 2016. The Central Bank's average exchange rate for 2016 was used to convert the amounts into USD.
