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.
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and, especially during the night and before noon, there will be brief but in some parts heavy rainfall and..
Bulgarian students have won five medals at the International Physics Olympiad in the city of Isfahan, Iran - one silver and four bronze. 198 participants from teams of 46 countries took part in the competition. 12th grader Bayan Gechev from the..
Prime Minister Dimitar Glavchev and Minister of Interior Kalin Stoyanov discussed with representatives of the border authorities measures for faster passing of vehicles through the border checkpoint of Kulata on the border with Greece. The prime..
The explosions near the village of Gara Elin Pelin continue, caretaker Minister of Interior Kalin Stoyanov said. Heavily equipped specialists have..
Traffic is intense at some border checkpoints with Romania, Serbia and Turkiye, Border Police said. At the border with Romania, Traffic is heavy..
The situation with the fire at the Bulgarian-Greek border is quite severe, said caretaker Minister of Interior Kalin Stoyanov. Two Greek helicopters,..
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