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 poverty line for 2025 will be BGN 638 (EUR 326.2), the government has announced. It will increase by BGN 112, or by 21.3% compared to 2024. '' The new poverty line will positively impact vulnerable and low-income groups'', the government said...
400 foreign citizens who have been granted temporary protection status in Bulgaria will study at Bulgarian state universities in the new 2024/2025 academic year. The number of students was approved by a government decision. The students will be..
At the launch of the election campaign for the upcoming extraordinary parliamentary elections on October 27, caretaker Prime Minister Dimitar Glavchev reported that the efforts of the executive power to eliminate distortion of the..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
Clear
Partly Cloudy