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 Romanian Border Police has ordered measures to ensure operational control and reduce waiting times at the border with Bulgaria at Giurgiu-Ruse , where heavy traffic is expected over the weekend, BTA reported, citing the Agerpres agency. An..
One of our ambitious goals is to make Sofia a net zero carbon city by 2030. This was announced by the Mayor of Sofia, Vasil Terziev, at the opening of the 61st session of the Intergovernmental Panel on Climate Change (IPCC). Bulgaria's capital city..
"The judicial reform has been thrown in the bin. It is a model that shows the utter madness of concentrating so much power at the top of a repressive institution and having no control over the figure who runs it. The court has said that Bulgaria is a..
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,..
The Bulgarian national informatics team won 3 medals and an honorary diploma at the 4th European Girls’ Olympiad in Informatics. The competition was..
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