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.
The Central Election Commission (CEC) has decided to hand the tally sheets, in paper form, from the election, provided by the Constitutional Court, as well the two technical devices, over to the Information Services state-run company for re-entry of..
Vazrazhdane party has sent a formal request to President Rumen Radev to call a referendum on keeping the Bulgarian Lev , the party’s leader Kostadin Kostadinov writes on Facebook, and adds that a referendum can be scheduled if the signatures of..
On 30 March, Bulgaria is switching to daylight saving time, the Bulgarian Institute of Metrology has announced, as reported by the Bulgarian news agency BTA. At 3 AM on 30 March, clocks must be set forward by one hour. The country switched to..
A fifth boycott of large retail chains has been announced for today. The organizers also called on citizens to refrain from using banking..
Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the..
Bulgaria has made a commitment to join the common European currency since the signing of the EU Accession Treaty. This was reminded by President Rumen..
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