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.
Wednesday morning will be cold , with frost forming again in some plains and valleys. Lows will be between 1 and 4°C. In Sofia it will be around 2°C. During the day it will be sunny all over the country. There will be light to moderate winds from..
Bulgarian Minister of Energy Zhecho Stankov has held a working meeting with US Secretary of Energy Chris Wright. The two discussed strategic projects in the sphere of nuclear energy as a key guarantor of the region's long-term energy security...
Bulgaria will not make any concessions to the Republic of North Macedonia in order for Skopje to start negotiations on the country's membership in the European Union. This was reiterated by President Rumen Radev in Warsaw , where he took part in the..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
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