United Group has completed a deal to acquire Bulgaria's largest telecom, BTC. Earlier this year, United Group also acquired TELE 2 Croatia. The deal for the Greek TV and internet provider FORTHNET is about to be finalized, too.
The company will end 2020 with over 10 million users and over 11,000 employees. The European Commission approved the acquisition in April. According to the Financial Times, the deal for Vivacom is worth 1.2 billion euros, making it the largest in Bulgaria's corporate history. Just over 50% of United Group is owned by the Serbian BC Partners, investor.bg recalls. United Group, which is present in all former Yugoslav republics, said it would invest in the renovation of BTC.
Over the next 24 hours, cloud cover will be mostly significant. There will be rain showers in some areas of Western Bulgaria and the far southeastern regions. A light to moderate wind will blow during the night. On Friday, there will be..
Citizens gathered outside the Sofia headquarters of DPS-New Beginning to protest in support of the detained mayor of Varna, Blagomir Kotsev. Varna Mayor Blagomir Kotsev remains in custody; MEPs call for sanctions against Bulgaria Organised by..
Marina Gugusheva, who studies medicine at Sofia University St Kliment Ohridski, is spending a month at Zagazig University under an international exchange organised by the International Federation of Medical Students’ Associations (IFMSA). During..
On Wednesday at dawn, temperatures will range between 8 and 14°C , and up to 18°C along the Black Sea coast. In Sofia, it will be around 9°C. In the..
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC...
On Thursday, the lowest temperatures will be between 9 and 14°C; in Sofia – about 12°C. During the day there will be rain showers in..
Mostly Cloudy
Partly cloudy, chance of rain
Overcast, rain
Cloudy
sunshine, cloud, rain and thunder