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 will join the drone wall that the European Union plans to create soon along its eastern borders. Minister of Defense Atanas Zapryanov confirmed the news in Veliko Tarnovo, which was announced by the European Commission Spokesperson Thomas..
The Bulgarian Foreign Ministry is monitoring the case of Lyubomir Kirov, a dual Bulgarian-Ukrainian citizen who has reportedly been mobilised in Ukraine despite holding a disability certificate (TELK) for a serious arm impairment. The..
Bulgaria will not change its tax system or policy, said Minister of Finance Temenuzhka Petkova in Veliko Tarnovo in relation to the conclusions from the latest regular mission of the International Monetary Fund in the country and the recommendations..
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..
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