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.
After the elections, GERB will not negotiate for a new government with the co-chairmen of "We Continue the Change" Kiril Petkov and Asen Vassilev, as well as with the former prime minister Nikolay Denkov, but would accept some of the..
The co-chairman of PP-DB Kiril Petkov defined entering into a joint government with GERB-SDS as a "big mistake". "We did not realize how dependent Borisov was on Peevski," he told BNR. The goal for the PP-DB is to shed light..
Voters in the EU countries will be able to vote for candidates for both the Bulgarian and the European Parliament, while those outside the EU will only elect MPs for the Bulgarian National Assembly as in the polling stations there..
Big global brands should stop their advertisements in pro-Kremlin media in the Balkans and especially in Bulgaria and Serbia - this is..
On Monday, it will be sunny over the western regions of Bulgaria, while there will be considerable cloudiness with rain showers in the..
After the elections, GERB will not negotiate for a new government with the co-chairmen of "We Continue the Change" Kiril Petkov and..
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