 The Principality of Valona (1346–1417) was a medieval state roughly encompassing the territories of the modern Albanian counties of Vlorë (Valona) and Berat.Initially a vassal of the Serbian Empire, it became an independent lordship after 1355 until conquered by the Ottoman Turks in 1417.Between 1355 and 1417, there were Bulgarian rulers from Asen family and rulers from the Balšić family.