Modern Times Group

In Memoriam: Renowned Journalist Georgi Koritarov Died Aged 61

Journalist Georgi Koritarov died suddenly at the age of 61. This sad news was posted on Facebook by Georgi Harizanov, director of Europe TV, in which Koritarov hosted a show until yesterday.

According to NOVA, the journalist was admitted to hospital in emergency with a positive COVID-19 test, but lost the battle with the disease.

Bulgaria: Domuschievi Brothers Sold NOVA TV to Vivacom Owner – United Group

United Group, a leading provider of telecommunications services in Southeastern Europe, officially announced that an agreement has been reached for the purchase of the largest Bulgarian multiplatform media company Nova Broadcasting Group from Advance Media Group. The deal is expected to be closed in early 2021 once all necessary regulatory approvals are obtained.

Fincantieri, Two Others Bid in Bulgarian Patrol Ship Tender

Italy's Fincantieri, German shipyard Luerssen and Bulgaria's MTG Dolphin have submitted bids in a 984 million levs ($570 million) tender to build two patrol ships for the Bulgarian navy, a defence ministry spokesman said on Wednesday, reports Reuters. 

The Black Sea country is looking to replace its three ageing Soviet-made patrol ships with the new vessels.

Bulgarian Commission for Protection of Competition Allowed Businessman Domuschiev to Buy Nova Broadcasting Group

The Commission for Protection of Competition (CPC) has allowed Advance Media Group, controlled by Kiril and Georgi Domuschievi, to acquire control over Nova Broadcasting Group. The agreement between Domuschievi and the Swedish MTG was signed on February 22, reports

Bulgarian Businessman Kiril Domuschiev Buys Nova Broadcasting Group

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, reported. The information was confirmed for 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.