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.
''Vazrazhdane'' is submitting a draft resolution on the coutry's withdrawal from the agreement with the World Health Organization (WHO), the party said. ''Vazrazhdane'' demands that the cabinet terminates the Basic Agreement between the Government of..
The war in Ukraine has no military solution and diplomacy should prevail, said President Rumen Radev, who hosted the traditional annual reception for the heads of diplomatic missions accredited in Bulgaria. At the event, held at the National History..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time – Cherni Vrah peak (2,290 m.) The young people started out at noon on 30 January, 1905 from the..
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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