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.
We Continue the Change - Democratic Bulgaria (PP-DB) submitted a request to Parliament for the resignation of National Assembly Speaker Rosen Zhelyazkov. The document was also signed by MPs from the parliamentary group of BSP for Bulgaria. ‘’We..
Debate on "Green energy, nature, agriculture - how to reconcile them sustainably?" will be held today in the National Assembly as the organizer is Green Laws Initiative. According to the organizers, the initiative to build renewable..
Military personnel from different garrisons in the country will hold festive events on 25, 26, 29 April and 2 May, in connection with the upcoming Day of Courage and of the Bulgarian army, 6 May . The public will be able to see the..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7%..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov,..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
Occasional showers
sunshine, cloud, rain and thunder
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