The Czech PPF Group and the Arab Emirates Telecommunication Group Company (e&) have signed an agreement that e& will acquire 50% stake plus one share in PPF Telecom's assets in Bulgaria, Hungary, Serbia and Slovakia. The investor pays 2.15 billion euros in advance, plus 350 million upon finalization of the deal in early 2024.
In 2018, PPF bought the telecommunications assets of Norwegian telecommunications company Telenor in Bulgaria, Hungary, Montenegro and Serbia for EUR 2.8 billion. PPF Telecom is part of the business empire of the Kellner Family, which has $12.1 billion in assets, according to Bloomberg. The e& deal does not cover some of the seller's core assets in Czechia.
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
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Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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