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.
At a meeting between the Bulgarian and Turkish energy ministers in Istanbul,the Bulgarian side expressed desire to revise the agreement between "Bulgargaz" and "Botas" for the supply of gas. Turkey showed understanding and readiness..
An egg-painting workshops is opening today in the garden of the former Knyazheski palace, the Bulgarian Academy of Sciences’ National Ethnographic Museum has announced. The Museum is co-organizer of the event, alongside Sofia municipality...
A record number of contestants from 8 countries are to take part in today’s Kodzha Kaya mountain marathon. Its 6 th edition of hosted by Bilka village in the Eastern portion of the Balkan range. By a tradition the marathon begins at dawn..
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..
A new complex in the village of Samoranovo, which includes a prison without bars based on the Norwegian model, a training center for prison officers, etc...
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