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.
The United States has congratulated seven Eastern European countries, including Bulgaria, on the 20th anniversary of their accession to NATO . A statement by Secretary of State Anthony Blinken said: "Twenty years ago, as you became Allies, we were..
Minister of Defense Todor Tagarev has surprisingly announced that a procedure is underway for 6 more engines for the MiG-29 jets of the Bulgarian Army and that the Soviet aircraft would not only fly until the arrival of the F-16s,..
In line with European attitudes, 86% of Bulgarians believe that spending on experiences is always justified, according to a study by Mastercard in Europe, conducted among 16,141 users from 20 countries, investor.bg reports. 35% of..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
"Assuming that there will be a constitutional crisis seems quite frivolous to me". This was what PP-DB candidate for Prime Minister Nikolai Denkov..
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