FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
The chairman of the Confederation of Industrial Employers in Bulgaria (CEIBG) Kiril Domuschiev has won the Nova TV auction and the property in Net Info, topnovini.bg reported. The information was confirmed for money.bg by a source requesting anonymity. As it was clear, the biggest shareholder in Vivacom Spas Rusev was also interested in one of the two biggest Bulgarian television networks. The deal came a little over a month after the current owner, the Swedish MTG, refused to sell Nova TV to Czech Petr Kellner, who acquired Telenor's assets in Bulgaria and the region.
The refusal came after the Commission for Protection of Competition (CPC) decided not to allow Kellner to acquire television with motives that caused comments.
According to the regulator, "Nova Broadcasting Group" AD has a significant market share on the market of television broadcasts and between 40% and 50% of the value-based advertising market. The significant number of tools for mass communication that the whole group has at its disposal could give unfair advantage against other participants who provide similar media services said the decision of the CPC.
Kellner has no other media in Bulgaria, Nova Group did not sell parts of their business after the CPC decision, Telenor's owner appealed against the regulator's decision but the first hearing was scheduled for March 12th Petr Kellner was ready to pay € 185 million for MTG's assets in Bulgaria.
The amount that Kiril Domuschiev will pay is unknown but is too much in it is likely to be lower than 2008. The Swedish company paid € 620 million in 2008.\
In addition to the CEIBG President, Domuschiev owns the Ludogorets FC as well as the pharmaceutical "Huvepharma", "Biovet" and "Navigation" Bulgarian Maritime Navy ". The official announcement of the deal is expected soon and it has to be approved by the CPC.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022