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.
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global report on social-emotional skills among 15-year-old students around the world will be announced from..
Clouds will break over the western half of the country overnigh t, becoming mostly clear, while rain will continue to fall over the east. Friday will be mostly sunny. There will be light winds, mainly from the north. Minimum temperatures will be between..
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..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There..
Partly cloudy, chance of rain
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder