Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Russian shareholders withdraw from Bulgarian telecom Vivacom

Photo: BGNES

Russian investment bank VTB Capital, which is a British subsidiary of the VTB Group, is leaving the board of shareholders of Bulgarian telecommunications company Vivacom, it was reported. The decision was made after the sale of the Bulgarian operator to the United Group company. VTB Capital has sold its entire stake in Vivacom to the new British owners. Reuters recalls that VTB Capital joined the VTL consortium in 2015 to invest in Vivacom.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Warm weather, local afternoon showers expected on Thursday

On Thursday it will be mostly sunny with scattered clouds. Clouds will form over Western Bulgaria in the afternoon hours with a chance of showers in the southwestern parts of the country. The lowest temperatures will range from 12°C to 16°C, for..

published on 6/7/23 6:25 PM

Rumen Spetsov returns to the position of head of the NRA

Rumen Spetsov has been re-appointed as executive director of the National Revenue Agency, the cabinet decided. The previous head of the department, Boris Mihailov, who was one of the first appointments of Galab Donev's office, was dismissed due to..

published on 6/7/23 6:22 PM

Parliament rejects rise of minimum wage

The National Assembly rejected the request for changes to the Labor Code proposed by BSP, stipulating that the minimum wage should be set at 50% of the average gross wage for the country for a period of 12 months from July 1 instead of January 1,..

published on 6/7/23 5:55 PM