Albania offers one of the best low-cost manufacturing options in Europe; with monthly wages among the lowest on the continent.

Salary data
Avg. wages / month
Minimum wage
€242
No university degree
€257
University degree
€430
Specialists / engineers
€566
SOURCE: INSTAT (http://www.instat.gov.al/en/themes/labour-market-and-education/labour-costs/)
With average monthly salaries of €429, Albania has the lowest wages in the region (Bosnia = €759, Bulgaria = €714, Kosovo = €558, Montenegro = €787, North Macedonia = €651, Serbia = €701).
SOURCE: https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage

Albania has a young population with ~1.6 million residents between 20 and 60.

Age range
Population (thousands)
20 - 29 years old
464
30 - 39 years old
375
40 - 49 years old
333
50 - 59 years old
392
Albania has a total population of > 2.8 million people and an additional 2.5 million Albanian speakers can be found in the bordering countries of Kosovo, Montenegro, and North Macedonia.

Recruiting for manufacturing positions in Albania is favorable, as compared to other countries in the region, largely driven by high youth unemployment (>20%). Also, Albania still has a large agricultural workforce that view manufacturing positions positively, with 30% of the workforce currently employed in the sector (vs. 15% in North Macedonia and Serbia).
SOURCE:
INSTAT (http://www.instat.gov.al/)
https://www.statista.com/statistics/454897/employment-by-economic-sector-in-albania/
https://www.statista.com/statistics/811614/youth-unemployment-rate-in-albania/

Education is of high priority among the youth with >20k graduating from university every year and ~ 40% of people between ages 25-64 speaking at least one foreign language, predominantly English.

University graduates (per year)
~22k
STEM graduates (per year)
~5k
Percent speaking foreign language (ages 25-65)
39.9%
English is mandatory for all students starting in the first grade and Level B2 English proficiency is required to graduate with a Bachelor's degree.
SOURCE: INSTAT (http://www.instat.gov.al/en/themes/labour-market-and-education/education/)