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.
In the mountains the weather is sunny and clear, conditions are suitable for tourism, the Bulgarian Red Cross’ mountain rescue service says, as quoted by the Bulgarian news agency BTA. During the past 24 hours there have been no incidents..
A drone detected in the area around Sofia Airport caused some landing delays last night, the Bulgarian news agency BTA reports, citing the airport press centre. No flights have been diverted but temporary changes were made to the schedule over..
For the 13th consecutive year, winemakers from the Melnik region will present the best of their production at the wine festival "Golden Grape", BTA reports. The traditional celebration of wine will be held in Melnik on February 8..
Almost 36,000 foreign citizens from 79 countries have obtained the right to work in Bulgaria in 2024, on different kinds of permits, 10,000 more than in..
It is important to the newly-elected government what kind of budget it is going to propose and uphold, and if it garners support in parliament, how it..
On Saturday , the lowest temperatures will be between minus 8 and minus 3°C; in Sofia - around minus 8°C. During the day, sunny..
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