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.
Bulgaria insists that the Russian Federation must immediately stop provocations against its neighbours and aggression against Ukraine, as well as strictly comply with international law and the UN Charter. This was stated by Minister..
Prime Minister Rosen Zhelyazkov participated in a reception organised by the Consulate General of Bulgaria in New York on the occasion of the 117th anniversary of the declaration of the country's Independence. In his speech to the..
Bulgaria considers Israel a key strategic partner and our excellent relations could give a strong boost to the sectors of trade, innovation, education, agriculture and tourism. This was what Prime Minister Rosen Zhelyazkov said at a..
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..
The Bulgarian Foreign Ministry is monitoring the case of Lyubomir Kirov, a dual Bulgarian-Ukrainian citizen who has reportedly been mobilised in Ukraine..
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC...
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