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.
The Director of the Agency for Bulgarians Abroad, Raina Mandzhukova, provided books free of charge for the fund of the Bulgarian Department in the Library of Congress in the US , the agency announced. The donation includes specialized literature for..
The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced. The Bulgarian diplomatic mission in..
Bulgaria's Minister of Tourism, Miroslav Borshosh, has held a series of meetings with business organizations in the tourism industry . The main topics of the talks were the need to introduce a Tourist Guarantee Fund, the fight against the gray sector..
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..
Bulgaria received the first F-16 Block 70 aircraft at the Lockheed Martin production facility in Greenville, USA. With this act the country’s strategic..
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..
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