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.
The process of modernization of the armed forces calls for the acquisition of modern equipment, but also the development of critical infrastructure, including by implementing projects for raising connectivity among the member countries,..
17 projects have been approved for financing in the contest for the development of tourism in Northwestern Bulgaria and along the Danube River. A total of EUR 670,815 will be provided for these projects for the development of tourist products and..
After broad consultations with its members, the Green Movement party is leaving the coalition We Continue the Change/Democratic Bulgaria (PP/DB), and will take part in the election for European Parliament and the early election for the Bulgarian..
17 projects have been approved for financing in the contest for the development of tourism in Northwestern Bulgaria and along the Danube River. A..
Investing in the security of the Black Sea will guarantee peace and freedom in the region and Europe. Bulgaria supports Ukrainian President Volodymyr..
After broad consultations with its members, the Green Movement party is leaving the coalition We Continue the Change/Democratic Bulgaria (PP/DB), and..
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