Israeli Tank Kills Reuters Journalist in Lebanon, UN Investigation Reveals
A United Nations investigation has confirmed that an Israeli tank was responsible for the death of Reuters reporter Issam Abdallah in Lebanon last year
The Lebanese company Oger Telecom will take over Bulgarian Vivacom within a month, according to unconfirmed reports.
Oger is owned by elite Lebanese family Hariri, which has included two PMs of Lebanon, Rafik and Saad, the first of whom founded the company.
Oger is directed by his older brother Mohammed Hariri, who has embarked on a project for expansion in Europe.
On Saturday, the Trud paper reported that Oger Telecom is expected to buy 25% of Vivacom, in addition to taking over its operative management.
Oger will also have the option to buy the majority of the shares within a year.
The deal is reported to be "extremely complicated." The buyer will not be paying much for the shares, but instead will be obliged to pay Vivacom's loans to various banks, which amount to over EUR 1.3 B.
Vivacom - formerly know as the Bulgarian Telecommunications Company (BTC) - has gone through a number of controversial privatization deals.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022