Cross-border mergers of commercial companies

Commercial companies in Albania play an important role, but thanks to our considerable resources they can also play a role in the European market. For the purpose of the approximation of the Albanian legislation to the European one, Albania has passed the law on cross-border mergers of commercial companies, so that steps and procedures of mergers of Albanian and European commercial companies can be set. The mergers create the conditions for a more effective competitiveness and a more efficient common market, so this paper will cover some of the main concepts of the cross-border mergers, the forms of the mergers, legal consequences and their effects on the domestic and the European economy. Special attention will be paid on the interests of the employees who are the most effected party by this law.