Tirana, April 29, 2026 The state-owned company KAYO SH.A, controlled by the Ministry of Defense of the Republic of Albania, and Fincantieri SpA, one of the world's largest shipbuilding groups, have signed an agreement for the creation of a Joint Venture (JV) for the construction and maintenance of military naval vessels in Albania. The ceremony
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It was signed a Memorandum of Understanding (MoU) with KAYO, as part of the intergovernmental summit between Italy and Albania in Rome, chaired by Italian Prime Minister Ms. Giorgia Meloni and Albanian Prime Minister Mr. Edi Rama, marking a new milestone in the collaboration between our two countries, in the presence of our CEO, Mr. Pierroberto Folgiero
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This project was introduced in the presence of the Prime Minister, Mr. Edi Rama, Minister of Defense, Mr. Pirro Vengu, and Minister of the Interior, Mr. Ervin Hoxha. The project will be implemented by the company KAYO SH.A., state-owned by the Ministry
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Through the collaboration between the Albanian state-owned company KAYO SH.A. and the Israeli Military Technology Giant, Elbit Systems Ltd., the Aviation School will be reinstated in the city of Vlorë, where both military and civilian pilots will be trained. The agreement was signed in Vlorë, in the presence
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Rubik Plant will serve as a key point in Albania’s military industry. Prime Minister, Mr. Edi Rama, Minister of Defense Mr. Pirro Vengu, and Minister of Justice Mr. Ulsi Manja visited the Plant’s premises, where they met with former employees and discussed plans for its revitalization.
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On April 8, 2025, a Memorandum of Understanding was signed between KAYO SH.A, an Albanian public company focused on the production, assembly, repair, and trade of weapons, ammunition, military equipment, and technology, and Fincantieri S.p.A, a global leader with a long history and expertise in
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