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 at a very decisive point on its path to introducing the European currency and must be very careful in the coming months so that the criteria are met, International Monetary Fund Managing Director Kristalina Georgieva told BTA. According to..
Sofia residents handed over separately about 8 tons of waste from their basements, garages and attics during the second edition of “MaGaTa Fest”, which took place in the “Mladost” district. Within four hours, 700 kg of textiles, 150 kg of paper, 50 kg of..
The Bulgarian National Bank will exchange free of charge and in unlimited quantities banknotes and coins from leva to euros at the official exchange rate during the first six months after Bulgaria enters the eurozone, it is clear from the BNB website...
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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