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How the director of Erion Veliaj turned into a super investor

2024-03-31 19:55:00, Denoncim CNA
How the director of Erion Veliaj turned into a super investor
Elvin Tivari

Elvin Tivari, a former sales director at Water and Sewerage in Tirana who used to work for a salary of 700 thousand old lek per month, very quickly turned into a successful entrepreneur who manages investments in millions of euros.

These investments extend to construction, hotels, restaurants, consulting offices, which in Albania are known as real estate offices and offices in the field of real estate sales.

Closely connected to the lobby of the municipality of Tirana, Elvin Tivari, like all the other directors of this municipality, experienced an immediate economic rise, showing serious competition and the risk of bankruptcy for many veteran businessmen operating in Albania.

The Prosecutor of SPAK, Klodian Braho, is investigating Tivar's role in relation to the position he had in the Directorate of Water Supply in Tirana and the private business empire he has built in the most coveted areas of the country.

The business of the directors of the municipality of Tirana, including Elvin Tivari, soon experienced not only economic growth, but also a large geographical extension from Tirana, Durrës, Vlora to Dhërmi.

So in recently coveted areas, where the coastline is or where the largest population is concentrated, such as the capital of the country, Tirana.

In total, in the name of Elvin Tivari, 8 private entities have been registered in the KKB, which are being verified by SPAK.

On February 7, 2022, the former director of Veliaj, Elvin Tivari, founded the company "LA Brisa", a company that manages one of the luxury hotels on the coast of Dhërmi.

How the director of Erion Veliaj turned into a super investor
Hotel "LA Brisa"

This business is divided between two shareholders, Elvin Tivari, who enjoys 40 percent of the shares, and Fatos Malaj, the brother of the Mayor of Mat, Agron Malaj.

Meanwhile, on September 11, 2023, Elvin Tivari opens another business in Tirana, called "I Rise Property & Investment", in which he owns 100 percent of the shares.

The object of the business is: "...Real Estate Agency, providing advice and consultancy in the market of selling and buying properties for individuals. Brokerage services and commissions in the real estate sector. Consulting for projects in various fields, construction of residential and non-residential buildings...".

Also, the name of Elvin Tivari appears as the owner of the coffee trading company, "Gourmet&Co" in Xhafzotaj, Durrës, who owns 33 percent of the shares of this business. While the rest is provided by his partner, Theofan Kazanxhiu.

Elvin Tivari bought this business in 2008 from Bledar Pajana, against the price of 330 thousand old lek.

The expansion of the businesses of the former director of the municipality, Tivar, has continued in 2023, since on October 13, he founded "Gastro Factory", a Bar-Restaurant that carries out all types of operations and transactions related to import, export, trade , the sale and distribution of necessary goods in the field of gastronomy.

In this business, Tivari enjoys 34 percent of the shares, while the rest is enjoyed by the former director of UKT, Redi Molla and Dritan Kadiu.

All three of these names also appear in the construction of the 5-star superhotel in Durrës, and this is fully matched through the company "Etitur" that Elvin Tivari opened on September 3, 2020 and enjoys 100 percent of the shares.

In 2018, Elvin Tivari opened a Bar-Restaurant-Pizzeria "Marina Bistro", in the city of Durrës. This business is currently suspended.

Meanwhile, on April 19, 2022, Elvin Tivari together with Dritan Kadiu open the company "Blue Construction", sharing 50 percent of the shares. This is a company whose activity is in the field of Hotel-Tourism./ Oranews 





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