Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

90% of fitness industry in Bulgaria controlled by intermediaries

Photo: library

The world trend for penetration of intermediaries in the fitness industry is also in force for Bulgaria. Unlike developed markets where their penetration does not exceed 5%, in Bulgaria within 3 years they have captured 90% of the market. This could lead to bankruptcies of small fitness halls, says Petar Angelov, chairman of the Bulgarian Association for Health and Fitness. According to him, pricing was dictated by intermediaries, as their strategy was squeezing out profits of operators and buying out entire businesses, which created the opportunity for monopolization of the market. There are two main intermediaries on the Bulgarian market - Benefit Systems with their Multisport Card and Sodexo with Sport Pass Card.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Wednesday: Cloudy and rainy in the west

On Wednesday the minimum temperatures will be between 5 and 10°C, in Sofia 9°C. Cloudiness will be significant with showers m ainly in the western half of the country. There will be heavy rainfall in south-western and south-central Bulgaria. Highs..

published on 5/14/24 7:05 PM

Toll cameras will start measuring the speed of vehicles

Work is underway to ensure that toll cameras start measuring the average speed of motor vehicles . This should happen within the next six months, caretaker Minister of Interior Kalin Stoyanov said.  The delivery of 273 new cameras is expected..

published on 5/14/24 6:04 PM
Sofia University

State universities announce protest readiness

In the beginning of next week - May 20, all Bulgarian state universities and some private universities will not open their doors as a warning. This is what an open letter distributed by the Council of Rectors in Bulgaria to the media reads...

published on 5/14/24 5:29 PM