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.
Thousands of Bulgarians took part in the national commemoration in the historic area of Oborishte in the Pazardjik region , where the first session of the first Bulgarian National Assembly was held in April 1876. Its deputies decided to proclaim the..
About 800 thousand Bulgarians migrate every year as seasonal workers. This was stated by Valentina Vasilyonova, President of the Federation of Independent Trade Unions in Agriculture at CITUB. According to her, north-west Bulgaria (the poorest..
54% of employees in Bulgaria say they are looking for a new job while they are in their current position , and the main reason for this is the pursuit of a higher salary. This is according to a survey by a Bulgarian start-up company that connects..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the..
About 800 thousand Bulgarians migrate every year as seasonal workers. This was stated by Valentina Vasilyonova, President of the Federation of..
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