Media Vizion

Media Vizion

Media Vizion began television broadcasts through Vizion Plus in the early 2000s, obtained a national license in 2008, and in 2016, received one of the 5 national licenses for digital broadcasting from the Audiovisual Media Authority (AMA).

Media Vizion is part of Concord Investment Group, a consolidation of several companies in various fields such as construction, port infrastructure, media, telecommunications, trade, restaurants, publishing, and others, either owned or under the control of the Dulaku family.

Among others, the group includes Media Vizion, which is one of the most significant media companies in Albania. The company owns the national private television Vizion Plus.

The Concord Investment Group is not legally registered as such but is self-declared on their online platform as the consolidation of a group of companies owned by the Dulaku family. Earlier, the same status was held by the company Edil Al IT, also owned by the Dulaku family. Concord Investment is jointly owned by the Dulaku brothers, who control several other companies through it .

The three Dulaku brothers (Adrian, Artan, Genci), their spouses (Ritvana, Holta, Melina), through shares or supervisory boards, also control other companies identified on the official pages of Concord Investment, Edil Al, and Tring TV as part of the same group.

This group, as identified on the official website of the company, includes the digital and satellite broadcasting platform Tring TV, Albanian Satellite Communication, Living Publications, the Living magazine, the construction company Edil Al, the investment company INER, the concrete production company Alb Beton, the car trading company Albanian Motor Company, the shopping centers: Galeria, Cristal, and Concord, and also other companies.

The company's online portfolio includes developing tourist villages like San Pietro and San Nicolas, as well as port projects such as Saranda Bay Marina, Marina Orikum, and similar projects.

In recent years, the group expanded into port infrastructure activities and the construction of tourist villages. The companies owned by the brothers recently won the concession rights of the Port of Limiona in Saranda in July 2020, in partnership with Kastrati Group. They leased public properties on the coast and were granted the status of a strategic investor.

This relationship has been followed by accusations of media bias in favor of the current government, accusations that they have strongly denied.

Meanwhile, following a report to the Special Anti-Corruption Structure, SPAK, by former Deputy Commander of the Naval Force Artur Meçollari, parts of the properties leased by Concord Investment and Kastrati Group, which were previously under the ownership of the Armed Forces, were placed under seizure.

In 2016, the owners were accused of censoring a critical show about the treatment of the capital's waste, in which the mayor was accused of abuses. They denied the accusations.

Artan Dulaku and Genci Dulaku were involved in the media in the late 90s as co-founders of a television initially known as Gjeli Vizion. In 2000, together with Agim Buxheli, they registered the company Media Vizion, which owned the television. They also own the paid digital platform Tring TV, founded by their spouses. The family also owns the magazine Living and a television channel with the same name.

Additionally, the brothers and their spouses are owners in several other companies. Their businesses are mainly focused on construction and property development, shopping centers, telecommunications, and media.

 

Key facts

Mother Company

Concord Investment Group

Business Form

Private

Legal Form

Limited liability and Joint Stock Companies operating under the umbrella of Concord Investment Group

Business Sectors

Television Broadcasting; Publishing; Construction; Real Estate; Trade; Hotel and Tourism

Ownership

Individual Owner

Media Outlets
Other Media Outlets

Other Print Outlets

Living Magazine

Other TV Outlets

Tring TV

Other Online Outlets

www.vizionplus.tv

Facts

Media Business

Digital distribution networks

Tring (100%)

Sport licensing

Tring (100%)

Publishing

Living (100%)

Digital TV

Tring (100%)

Satellite

Albanian Satellite Communications (92.4%)

Telecommunications

Albanian Satellite Communications (92.4 %)

IP TV

Tring TV (100%)

Cable TV

Tring TV (100 %)

Business

Real Estate Development

Concord Investment (100%)

Port Infrastructure

MARINA BAY SARANDA (50%)

Hospitality-Tourism

MARINA BAY SARANDA (50%)

Oil Trading

INTER-GAZ JSC (50%)

Trade

INER (100%)

Real Estate Transactions

Concord Investment (100%)

Car Dealership

Albanian Motor Company (50%)

Retail

DUFE (30%)

General Information

Founding Year

1994

Affiliated Interests Founder

The Dulaku Family

has been involved in the construction business since the early 90s. Through the company Edil Al IT, which served as the flagship company of the group for over two decades, they expanded their activities into the fields of telecommunications, media, sales, and most recently into port infrastructure and hospitality and tourism.
Lately the flagship company, around which all the companies with the 3 brothers as shareholders, Artan, Adriani, and Genci Dulaku, and their spouses gather, is Concord Investment, as stated in the website of the company. On the official website of the company, it is presented as a "family group" created by the three brothers under the administration of Artan Dulaku.
Other important companies within the group are: INER, Edil Al IT, Media Vizion. Within the group, they own shares of Tring TV and own ALBANIAN SATELLITE COMMUNICATIONS and several other companies.
In recent years, the group expanded into port infrastructure activities and the construction of tourist villages. The companies owned by the brothers recently won the concession rights of the Port of Limiona in Saranda in July 2020, in partnership with Kastrati Group. They leased public properties on the coast and were granted the status of a strategic investor.

Employees

Missing Data

Contact

Media Vizion sh.a., Rr. Don Bosco, Nr.5 Tirana

Tel: +355 4 2 404 268

Website: www.vizionplus.tv

Tax/ ID Number

Media Vizion (K01414003D)

Financial Information

Revenue (Financial Data/ Optional)

Media Vizion – 3.85 Mln. $/ 436 Mln..Lek

Operating Profit (in Mill. $)

Media Vizion – 0.05 Mln. $/ 6 Mln..Lek

Advertising (in % of total funding)

Missing Data

Management

Supervisory Board

Holta Dulaku

the wife of Artan Dulaku, is also a member of the Supervisory Boards of Tring TV and Media Vizion, as well as producer of several TV Shows.

Other Influential People

Ritvana Dulaku and Melina Dulaku

wives of Adrian and Genci Dulaku, with Holta Dulaku the wife of Artan Dulaku, are involved in the management of, Media Vizion, Living Albania, Tring TV and some other family companies.

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

Concord Investment Group is not a legal entity, but a group of companies owned primarily by the Dulaku family. The ownership data and financial statements for Media Vizion, Tring Tv, Albanian Satellite Communications, Living and other companies were obtained from the Albanian National Business Register. 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