News24 blocking/Ministry of Economy: There are two lease contracts for two different properties

The Ministry of Economy, Culture and Innovation has reacted to the police siege of the News24 media building.

In the press release, the ministry stated that the claim of the company "Panorama Group" sh.a. that its lease contract has a term until 2033 is related to another state property. It further states that for this property there is another lease contract concluded in 2013 and amended by an annex in 2016 between the MFE, today the Ministry of Economy, Culture and Innovation and the company Panorama Group Sh. with a term until 2033.

On the other hand, it is reported that the property that was transferred to the company "KAYO" sh.a. was initially leased in 2002 for a period until 2022 and has been the subject of final court decisions, with the counterparty being the company "Focus Media News".

"The Ministry of Economy, Culture and Innovation reconfirms that the actions to take actual possession of this property are in full compliance with the law and court decisions, and that the property is clearly registered as a separate property unit, unrelated to any other property leased through various contracts,"  the statement said, among other things.

The Ministry of Economy, Culture and Innovation, following the high public interest and to clarify the opinion on the claims presented by the "Fokus Media News" Company regarding the so-called continuation of the lease contract until 2033, announces the following:

The company's claim that its lease contract runs until 2033 is related to another state property, different and without any legal or factual connection to the property transferred to the state-owned company "KAYO" sh.a.

The property in question is also owned by the state and is located in cadastral zone no. 8170, property no. 10/304, with a land area of 13,922 m², next to the former “Automotive Spare Parts Factory” in Shkozë. For this property there is another lease contract concluded in 2013 and amended by an annex in 2016 between MFE, today the Ministry of Economy, Culture and Innovation and Panorama Group Sha. with a duration until 2033.

In contrast, the property that was transferred to the company "KAYO" sh.a. by Decision of the Council of Ministers No. 158, dated 12.3.2025, was initially leased in 2002 for a period until 2022 and has been the subject of final court decisions, with the counterparty being the Company "Focus Media News".

The lease contract claimed to be valid until 2033 refers to another property, with a different number and boundaries than the property subject to court decisions and which has not been transferred to “KAYO” sh.a. This fact is confirmed by the official documentation of the cadastral register and by the survey plans, which clearly show that these are different property units.

Any attempt to present these properties as the same or related, including references to other lease contracts, is not only baseless but also disinformation by a media outlet that should be telling the truth. No material interest of the owners justifies misinformation!

So they are two completely different things and two completely different contracts, and the latter has no impact on the validity, legitimacy or execution of final court decisions that require the immediate release of the assets transferred by the Council of Ministers to the company "KAYO" jsc, for the realization of its object of activity.

The Ministry of Economy, Culture and Innovation reconfirms that the actions to take actual possession of this property are in full compliance with the law and court decisions, and that the property is clearly registered as a separate property unit, unrelated to any other property leased through various contracts.

MEKI remains open to any clarification and information in the interest of correctly informing public opinion and all interested parties.

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