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.
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC. The September 17–23 expedition, led by Prof. Ivan Hristov with divers from the National..
Bulgarian Foreign Minister Georg Georgiev told a B4 meeting that EU enlargement is a natural priority for Sofia. Speaking on the sidelines of the 80th UN General Assembly, Georgiev joined counterparts from Greece, Romania and Croatia to discuss..
Thanks to Christianisation, script, and language, the Bulgarian people and Bulgaria remained in the memory of Europe even when the Bulgarian state disappeared for centuries from the political map of the Old Continent. Christianity and..
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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