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.
During the night the clouds will increase. After a temporary improvement in visibility, there will be fog or low clouds in the lowlands and valleys. There will be a light wind from the East-Southeast. Minimum temperatures will range from minus 2° C...
Bulgaria’s consul to Sweden Stefan Stoykov has met with the eight Bulgarian sailors, members of the crew of the ship Vezhen suspected of sabotaging a Baltic Sea cable. Sweden seizes Bulgarian ship sailing under Maltese flag European..
There will be no reduction in social benefits, Minister of Labour and Social Policy Borislav Gutsanov told reporters. There is complete accord among the political forces in the ruling coalition that social benefits must be preserved and that..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
On Saturday, fog or low clouds will cover the plains and sheltered valleys. Minimum temperatures will be between 0 and 5°C, around 1°C in Sofia. Sunny..
The claims of Bulgarian citizens investigated for espionage in the UK about their links to the "highest echelons" of power in Bulgaria, are not based on..
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