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.

Since 2005 the company, the main activities of which are in construction sector, started publishing the newspaper Telegraf. The newspaper is not registered as a separate entity from the construction company.

Key facts

Business Form

private

Legal Form

Limited Liability Company

Business Sectors

Construction; Publishing

Ownership

Individual Owner

Agim Çiraku and Son

Agim Ciraku is the founder and publisher of the daily newspaper Telegraf, although officially the company is registered under his son’s name. Klaus Ciraku, the son of Agim Ciraku is listed as the sole owner of the company Hekla LLC, which publishes the daily newspaper Telegraf. Klaus Ciraku also owns 80% of the trade company Daroli LLC. Klaus Ciraku obtained the shares at Hekla LLC as a gift from Luan Veshaj in 2013, who in turn had received the shares as a gift in 2003 from Agim Ciraku. The older Ciraku is identified in the online page of the newspaper as the publisher, which suggests that he still has significant influence in the company.

Agim Ciraku was elected as a member of the Council of the Municipality of Durres on behalf of the ruling Socialist Party and backed during the last local elections, the reelection of three-time Socialist mayor Vangjush Dako. Ciraku heads the Albanian Swimming Federation.

100%
Media Outlets
Other Media Outlets

Other Online Outlets

http://telegraf.al/

Facts

Business

Construction

Hekla LLC (100%)

Retail

DAROLI (80%)

General Information

Founding Year

2002

Affiliated Interests Founder

Agim Çiraku – the construction company Hekla LLC 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.

Employees

Missing Data

Contact

Rr. Abdyl Frasheri, P. Hekla Center, K. 2, Tirana

Tel: +355 42 257199

Email: info@telegraf.al

Website: www.telegraf.al

Tax/ ID Number

K21819004E

Financial Information

Revenue (Financial Data/ Optional)

0.29 Mio. $ / 37.5 Mio. Lek

Operating Profit (in Mill. $)

0.05 Mio. $ / 7.1 Mio. Lek

Advertising (in % of total funding)

Missing Data

Management

Other Influential People

Engjëll Musai – 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.

  • Project by
    BIRN ALBANIA
  •  
    Reporters without borders
  • Funded by
    BMZ