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.
53% of Internet users in Bulgaria (over 2,800,000 people) are online shoppers , while in 2018-2019 they were a third of this figure. The Covid-19 pandemic gave a big boost to e-commerce in Bulgaria. This was announced by Janet Naydenova from the..
There Is Such a People (ITN) thanked President Rumen Radev for placing his trust in them, and handed the third and last mandate for forming a cabinet back to him unfulfilled. Nikolay Denkov, PP-DB: It is up to the Bulgarian citizens to..
Every year there are more than 6 million new cases and more than 1.8 million deaths connected with cardiovascular diseases, the Bulgarian news agency BTA reports, citing outgoing Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel...
The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the..
''We will return the government-forming mandate unfulfilled'', We Continue the Change-Democratic Bulgaria Co-chairman Kiril Petkov said for bTV...
The three regions in the European Union with the highest standardised death rate in 2021 were all in Bulgaria, EU statistics agency Eurostat said. In..
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