Deutsch Color Albania gets 2.4 mln euro in fire damage claims

The facility suffered a significant damage, and the considerable amount of compensation required Albsig to turn to German re-insurance company Hanover Re, the Albanian insurer said in a social media post.

Back in September, Albanian media reported that the fire was triggered by an explosion inside the facility during night time, avoiding any damage to individuals.

Established in 2012, Deutsch Color Albania is active in the import, export, and trading of construction materials, including mortars and paints, as well as real estate transactions and chemical testing services.

($ = 0.9131 euro)