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.
"Bulgaria is prepared for Schengen and we do not understand why it is not part of this space". This was stated by the Minister of Foreign Affairs of Hungary Peter Szijjártó in Bucharest, where he participated in the 8th meeting at the level of..
In Bulgaria's Dobrich region, beekeepers registered lower yields from their hives for yet another year , and the number of people employed in the industry decreased by about 50%. Beekeepers are selling off colonies, hives and equipment en..
The project to build the 7th and 8th units at the Kozloduy nuclear power plant is strategic for Bulgaria and Europe . This was emphasized by the Caretaker Minister of Energy Vladimir Malinov during his visit to Seoul at the meeting with the..
Unforgettable experiences with fresh beer, specially developed alcoholic and non-alcoholic beer cocktails, favorite Bulgarian and foreign hip-hop and rock..
The first and only nuclear power plant in Bulgaria ‘’Kozloduy’’ was officially opened on September 4, 1974. It is also the first nuclear power plant in..
Toshiba Energy Systems & Solutions Corporation will assist Bulgaria in bringing the Chaira power plant back into operation as soon as possible. The..
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