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’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of the Polish-Bulgarian Chamber of Commerce. On the first day of his visit to Warsaw, President..
Military units of the Land Forces will welcome visitors on the occasion of May 6 - the Day of Valour and the Day of the Bulgarian Army, the Ministry of Defence announced. Visitors will have the opportunity to see exhibitions of weapons, military..
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in Eastern Bulgaria. After a chilly morning, the day will be sunny across the country. Maximum..
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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