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.
It will be mostly sunny on Sunday. Clouds will form over the mountains in the afternoon hours with a chance of isolated showers. The weather will be calm in most parts of the country. There will be light northeasterly wind in Eastern Bulgaria. The..
''Jesus Christ’s victory over death, darkness and the all-consuming and destructive power of evil, is the culmination, the highest and most categorical expression of God's love for us and for the entire creation'', reads the Paschal message to..
The thirty chapels of Momchilovtsi are among the most visited tourist attractions in the Rhodope village during the Easter holidays. "Routes for pilgrimage tourism lead to the chapels that protect the village", says Mayor Siyka Surkova. In..
A Latvian airline has started operating direct flights from Riga Airport to Sofia , TravelNews reported. The first flight took place on May 2,..
Bulgaria's Prime Minister Dimitar Glavchev will file a report with the National Security Agency and the prosecutor's office regarding the scandalous case..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the..
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