United Group has been very active in the last 18 months and invested €1.8 billion in organic growth.
As a result, according to Janez Zivko, the company’s VP Finance, it has almost tripled in size.
Quoted in a report by N1 TV, which is part of United Group, he added: “We will continue to invest in fixed and mobile telephony, as well as in the development of 5G technology, at least in these three countries where we are now present and where we have a mobile operator. We will try to develop the optical network wherever possible, aware that in Serbia it is a challenge because we do not have access to infrastructure and mobile network”.
He added that United Group has big plans to develop a fibre-optic network in Croatia and Greece. “All in all, the plan is to invest between 25-30% of income in new projects”.
Commenting on the media, he said that “the continuation of investments locally in the production of its own program, the right to sports broadcasts and other contents that will enable United Group to remain the leading service provider in the media sector”.
He concluded by saying: “By entering two new countries and buying Bulgarian TV Nova, we have significantly increased our presence in the field of media. What you can expect from us is the continuation of investments in the entire region”.