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.
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister of Agriculture, as requested by caretaker Premier Dimitar Glavchev. President Radev invited..
Bulgarian pop music star, Yordanka Hristova, will be a special guest at the third Bulgaria Parade in Chicago on the occasion of May 24, bgvoice reported. The parade gathers all Bulgarian schools, folklore and dance ensembles,..
The National Assembly dismissed the manager of the National Health Insurance Fund, Stanimir Mihaylov. The decision was taken with 116 votes "for", 56 "against" and no abstentions. The premature termination of the mandate of..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
On Wednesday, minimum temperatures in the country will be between 13 and 18°C, with 13°C in Sofia. Lower temperatures are expected in north-western..
Caretaker Minister of Interior Kalin Stoyanov and German Federal Minister of the Interior Nancy Faeser visited the "Kapitan Andreevo"..
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