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.
Bulgaria’s Minister of Foreign Affairs Ivan Kondov participated in the G20 Foreign Ministers’ Meeting within the framework of the General Debate of the 79th session of the United Nations General Assembly, the Ministry of Foreign Affairs said. In his..
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen Radev said during a meeting with UN Secretary-General António Guterres in New York. President Radev..
At the initiative of the Council of Europe, the European Day of Languages is celebrated every year on September 26. The initiative, supported by the European Commission and the Council of Europe, aims to promote cultural diversity and..
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..
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