Gener2

Gener2

Gener 2 is the flagship company owned by the Ulaj brothers with businesses in construction, telecommunication and energy production. Since 2018, Gener 2 has expanded its activity into media business. Gener 2 is owned by Bashkim Ulaj with 34% of the shares and his brothers, Astrit and Ahmet Ulaj with 33% of the shares each. Gener 2 is the sole owner of G2 Media LLC, which operates the A2 TV - an exclusive partner of CNN in Albania. In January 2018, Gener 2 bought the company Albanian Byaty for a price of 6 million lek [44,924 Euro]. Founded in 2004, the Albanian Byaty owned an audiovisual broadcasting license and operated the music station Elrodi TV. In April 2018, the Audiovisual Media Authority, AMA, approved the change of the name of the television to A2 and the structure of the program from broadcasting of music to that of news. In September 2023, A2 announced that it had received a new license for audio-visual broadcasts in Kosovo as well.

Key facts

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Construction; Energy; Telecommunication; Media; Fishery; Oil Production.

Ownership

Individual Owner

Media Outlets
Other Media Outlets

Other Online Outlets

https://a2news.com/

Facts

Media Business

Radio and TV Broadcasting

G2 Media (100%)

Business

Construction

Gener2 (100)

Holding

Aba Holding (100%)

Energy production

Dragobia Energy (100%)

Energy Production

Fier Thermoelectric (30%)

Telecommunication

G2 Datacom (30%)

Oil Production

Vivid Power (100%)

Fishery

Greensol (100%)

General Information

Founding Year

2018

Affiliated Interests Founder

Ulaj Brothers

Bashkim Ulaj and his brothers, Astrit and Ahmet Ulaj are the founders of the A2 television. They own the television through their flagship company Gener 2, where Bashkim Ulaj has 34% of the shares and his brothers 33% each. Gener 2 owns 100% of the company G2 Media LLC, which operates the A2 television. In January 2018, Gener 2 bought the company Albanian Byaty, then owned by Elida Llupa, for a price of 6 million lek [44,924 Euro]. Founded in 2004, Albanian Byaty owned an audiovisual broadcasting license and operated the music station Elrodi TV. In April 2018, the Audiovisual Media Authority, AMA, approved the change of the name of the television to A2 and the structure of the program from music broadcasting to news.

Employees

Missing Data

Contact

Rruga Papa Gjon Pali II, NR. 12, ABA Business Center,

Kati 10, Z. 1006, Tiranë, Shqipëri

Email: info@a2cnn.com

Tel: +355 4 562 0444

Tax/ ID Number

Gener 2 (K58615301M); G2 Media (K71616017T)

Financial Information

Revenue (Financial Data/ Optional)

G2 Media: 3.62 Mln.. $/ 410 Mln.. Lek

Operating Profit (in Mill. $)

G2 Media: 0.05 Mln.. $/ 6 Mln.. Lek

Advertising (in % of total funding)

Missing Data

Management

Other Influential People

Andri Kasneci

The CEO of G2 Media LLC since February 2018. According to his LinkedIn profile, Kasneci worked for several years as a financial analyst in the United States, before returning to Albania and joining Gener 2 in 2010. Kasneci directed some of Ulaj's projects, before taking over the management of A2 television. He also owns 100% of the shares in the financial company "Platinum Investment" founded in 2011 by Bashkim Ulaj.

Further Information

Passive Transparency

upon request, ownership data is easily available from the company/channel

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Meta Data

The ownership structure and financial statement are publicly available on the Albanian National Business Registry. The financial data provided are for 2022. The Central Bank's average exchange rate for 2022 was used to convert the amounts into USD.

  • Project by
    BIRN ALBANIA
  •  
    Global Media Registry
  •  
    Funded by European Union
  • Funded by
    BMZ