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.
Two million laying hens have been culled in Bulgaria since an outbreak of avian influenza began in October. Over 40% of laying hens are affected by the disease. These alarming figures were reported to BNR by Ivaylo Galabov, chairman of the Union..
The first shipment of fresh nuclear fuel for the Kozloduy nuclear power plant has arrived at the port of Varna - West. The fuel, manufactured by the US company Westinghouse, was delivered by the Dutch-flagged ship Adamas, public broadcaster BNT..
EU Commissioner for Home Affairs Ylva Johansson visited the border crossing at Sofia Airport. Bulgaria's caretaker Interior Minister Kalin Stoyanov, showed Ms Johansson the new organisation of work after Bulgaria's accession to Schengen by air. The..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
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