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.
Researchers from Bulgaria, Slovakia, Serbia and the Czech Republic are joining forces in the SeNaTa project – “Self-heating Magnetic Nanoconstructs for Theranostic Applications” – coordinated by the Institute of Catalysis at the Bulgarian Academy of..
A Bulgarian parliamentary delegation led by Raya Nazarian, Deputy Speaker of the National Assembly and Chair of the Bulgaria-Japan Friendship Group, is visiting Japan at the invitation of Fukushiro Nukaga, Speaker of the House of Representatives of the..
The Ministry of Defence has warned of large, low-flying aircraft over the country in the coming days , but has assured the public that there is no cause for concern. The international flight training exercise, European Spartan Exercise 2025 (ESE 25),..
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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