Czech businessman Petr Kellner is buying the biggest Bulgarian television group bTV.
Kellner’s PPF Group has announced that it is acquiring bTV’s parent company - Central European Media Enterprises (СМЕ). CME on its part announced that the transaction is for USD 2.1 billion. The acquisition will be concluded by mid-2020. Before that it will have to be approved by the CME’s shareholders’ meeting, the antitrust commissions in the respective countries and by the European Commission. CME is owner of bTV and of the TV groups in the Czech Republic (Nova), in Romania (PRO TV), in Slovakia Markíza) and in Slovenia (POP TV).
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
"Money for salaries in the tourist sector has increased many times, but there are no staff in Bulgaria." This statement about the state of the tourism industry in Bulgaria was made by Veselin Nalbantov, Deputy Chairman of the Bulgarian Hotel and..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
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