Hekla LLC
The construction company Hekla LLC is the publisher of Telegraf and was founded on 17 June 2002, by Agim Çiraku, who was at the time the sole shareholder of the company. However, according to the data of the Albanian National Business Register, Ciraku gave away the company in 2003 to Luan Veshaj. In 2013 Veshaj transferred 100% of the shares of the company to Klaus Ciraku, the son of Agim Ciraku and has owned the company since.
In 2005 the company, the main activities of which are in the construction sector, started publishing the newspaper Telegraf. The newspaper is not registered as a separate entity from the construction company.
Business Form
Private
Legal Form
Limited Liability Company
Business Sectors
Construction; Publishing
Individual Owner
Other Online Outlets
http://telegraf.al/
Business
Construction
Hekla LLC (100%)
Retail
DAROLI (80%)
General Information
Founding Year
2002
Affiliated Interests Founder
The daily newspaper Telegraf was founded as part of the construction company Hekla LLC on 28 November 2005. In the newspaper its publisher is first named as Agim Çiraku. However, according to the data of the Albanian National Business Register, Çiraku gave away the company in 2003 to Luan Veshaj. In 2013 Veshaj transferred 100% of the shares of the company to Klaus Çiraku, the son of Agim Çiraku and has owned the company since then. After 2013 there was no change in the ownership of the company in the National Business Center.
The newspaper is not registered as a separate entity from the construction company. Agim Çiraku does not own other businesses. Earlier he was 50% owner of the construction company Albit Diabra LLC, shares that were transferred to his nephew in 2015. The company has been undergoing bankruptcy proceedings since 2019.
His son, Klaus Çiraku is 80% owner of the trade company Daroli LLC and also 100% owner of Hekla LLC.
Agim Çiraku was elected as a member of the Council of the Municipality of Durres on behalf of the ruling Socialist Party in 2015 and 2019. He supported the election of then Mayor of Durrës Vangjush Dako in 2015. Çiraku heads the Albanian Swimming Federation in a second mandate as president.
Employees
Missing Data
Contact
Rr. Abdyl Frasheri, P. Hekla Center, K. 2, Tirana
Tel: +355 682086170
Email: gazetatelegraf@yahoo.com
Website: www.telegraf.al
Tax/ ID Number
Hekla LLC (K21819004E)
Financial Information
Revenue (Financial Data/ Optional)
3.3 Mln.. $ / 376 Mln.. Lek
Operating Profit (in Mill. $)
-0.08 Mln.. $ / -9.6 Mln.. Lek
Advertising (in % of total funding)
Missing Data
Management
Other Influential People
the CEO of the company Hekla and also the director of the newspaper Telegraf. Musai also writes the newspaper’s editorials. He has been a print journalist for many years. Musai has only one business previously registered with Ciraku, which has long gone bankrupt and closed. Musai and the founder of the company Agim Çiraku are brothers-in-law.
Further Information
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. Hekla Company does not have a separate balance sheet for the newspaper Telegraf. The company's balance sheet encompasses all of its activities, including those in the construction sector. See sources for more.
