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 Bulgarian National Radio (BNR) is successfully integrating artificial intelligence into its programmes. The public radio’s news is now read by an AI avatar trained in Bulgarian, operating in a virtual environment. One year after the public..
A delegation comprising MPs from Vazrazhdane party arrived in Moscow on Sunday. The delegation is led by Tsoncho Ganev, Deputy Chairman of Vazrazhdane and Deputy Chairman of the Bulgarian National Assembly, Georgi Georgiev, Deputy Chairman of..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the University of Library Studies and Information Technologies. PM Rosen Zhelyazkov: The first..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
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..
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