ECF is located on the outskirts of the city of Elbasan, approximately 60 km southwest of Tirana, Albania, between an industrial area and the town itself. ECF is located in a semi-rural area and is surrounded by small agricultural holdings together with a few detached residences.
In March 1997, Seament Holding participated in a privatization tender and acquired a 70% interest in ECF and a 70% stake in UQ from the Government of Albania. In January 1999, the sponsor constructed a fixed land terminal at Durres, and in August 2000, Seament increased its holdings in ECF from 70% to 77% and in UQ from 70% to 86%. The remaining 23% of the shares of ECF and the remaining 14% of the shares in UQ are still held by the Government of Albania.