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.
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..
Cabinet members, public figures and members of the public honoured the memory of the innocent victims of the communist regime in the country following the communist coup in Bulgaria on 9 September, 1944. February 1, Day of Remembrance and..
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 partnership with the US in the sphere of defence continues its upward development, said PM Rosen..
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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