Panorama Group

Panorama Group is the biggest publishing house in the Albanian print market, through its ownership of the daily newspaper Panorama, the sports daily newspaper Panorama Sport and the monthly magazine Psikologjia.
The group was founded in September 2002 by three businessmen Irfan Hysenbelliu, Alban Xhaferi and Lefter Sota. The first two had considerable investments in the field of construction, while Sota was known for his metals company. Documents from the Albanian National Business Register show that Irfan Hysenbelliu owned 34% of the shares, while Xhaferri and Sota each had 33% of shares in the company.
Alban Xhaferri withdrew from the company in 2003 and one year later went on to open the newspaper “Metropol.” In 2005, Lefter Sota also transferred his shares in the company to Hysenbelliu and in the same year founded the newspaper ‘Tirana Observer.’ During 2005 – 2023, Irfan Hysenbelliu was the sole owner of the “Panorama Group”.
On 15 June 2023, Hysenbelliu donated his shares equally to his children, Fabiola and Fatmir Hysenbelliu. The group also is the sole owner of the private university ‘Luarasi.’
Business Form
Private
Legal Form
Joint Stock Company
Business Sectors
Radio and Television Broadcasting; Publishing; Construction; Trade; Hotel and Tourism; Brewery (Birra Korça); Winery; Water production; Education (private university college)
Individual Owner
Other Print Outlets
Panorama Sport (Missing data)
Psikologjia (Missing data)
Other TV Outlets
Panorama TV
Other Online Outlets
http://www.panorama.com.al/sport/
http://revistapsikologji.com/
www.panoramaplus.al
Media Business
Publishing
Panorama Group (100%)
Focus Press LLC (100%)
Radio and Television Broadcasting
Focus Media News (100%)
Panorama TV (40%)
Business
Construction
Erjoni (100%)
W. Elektrik (100%)
Trade
Pegasos (50%)
Hysenbelliu Group (100%)
Tourism and hospitality
Hysenbelliu (100%)
Winery
Egnatia Group (100%)
Bottled water production
Fab Group (100%)
Brewery
Egnatia Group-Birra Korca (100%)
Education
Kolegji Universitar Luarasi (100%)
General Information
Founding Year
2002
Affiliated Interests Founder
the daily newspaper ‘Panorama’ started publication in 2002, as a joint-venture between three businessmen, Irfan Hysenbelliu, Alban Xhaferri and Lefter Sota. The first two had considerable investments in the field of construction, while Sota was known for his metals company. Documents from the National Business Register show that Irfan Hysenbelliu owned 34% of the shares, while Xhaferri and Sota each had 33% of shares in the company. Alban Xhaferri withdrew from the company in 2003 and one year later went on to open the newspaper “Metropol.” In 2005, Lefter Sota also transferred his shares in the company to Hysenbelliu and in the same year founded the newspaper ‘Tirana Observer.’ During 2005 – 2023, Irfan Hysenbelliu was the sole owner of the “Panorama Group”. On 15 June 2023, Hysenbelliu donated his shares equally to his children, Fabiola and Fatmir Hysenbelliu. The group also is the sole owner of the private university ‘Luarasi.’
Employees
Missing Data
Contact
Rruga “Panorama”, (prapa shkollës Harry Fultz).Nd.3, H.14, Ap. 3, Njësia Bashkiake nr. 9, Kodi Postar 1016 Tiranë
Tel: +355 42 403 207, +355 42 403 208, +355 42 403 209
Website: www.panorama.com.al
Tax/ ID Number
Panorama Group (K22112005E)
Panorama TV (K31531673S)
Financial Information
Revenue (Financial Data/ Optional)
Panorama Group - 1.25 Mln.. $ / 142 Mln.. Lek
Operating Profit (in Mill. $)
Panorama Group - -0.26 Mln.. $ /-30 Mln.. Lek
Advertising (in % of total funding)
Missing Data
Management
Supervisory Board
the daughter Irfan Hysenbelliu. He donated 50% of his shares to her in June 2023. She is a member of the supervisory council of the company.
the son of Irfan Hysenbelliu. In June 2023 he donated 50% of his shares to Fatmir. He is a member of the Supervisory Council of the company.
a member of the Supervisory Council of Panorama Group.
Other Influential People
a journalist and editor in chief of the daily newspaper “Panorama“
Further Information
Meta Data
The ownership structure and financial statement are publicly available at the Albanian National Business Registry for Focus Media News, Focus Press and Panorama Group. The financial data provided are for 2022. The Central Bank's average exchange rate for 2022 was used to convert the amounts into USD. Panorama Group replied to the MOM information request on 27 July 2023. See sources for more.