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.
In connection with the situation in the Middle East, caretaker Prime Minister Dimitar Glavchev and the government are in constant coordination with the institutions concerned and the security services, and are monitoring the situation. The country is..
The Bureau of the European Parliament in Bulgaria is organising a #UseYourVoice concert to support the campaign for the European Parliament elections on 9 June this year. Young singers Dara, Preya, Dara Ekimova and Tino will perform tonight on the stage..
Bulgaria's President Rumen Radev has invited today caretaker Prime Minister Dimitar Glavchev for a meeting to discuss the proposals that the prime minister made for the replacement of two ministers a week after the cabinet meeting. Dimitar Glavchev..
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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