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 Prime Minister Rosen Zhelyazkov held a video conference with Ukrainian Prime Minister Yulia Svyrydenko. During the meeting, Rosen Zhelyazkov reaffirmed Bulgaria’s unwavering support for Ukraine in the context of the war. He recalled that..
The government has approved a procedure that will open the country’s passenger rail transport to private operators, including foreign ones. This is set to begin on December 13, 2026. The planned duration of the contracts is 12 years. The country..
The Bulgarian Council of Ministers has authorized the entry and stay of the Turkish research vessel R/V TUBITAK MARMARA in Bulgarian maritime spaces from 5 to 20 September 2025. The vessel will participate in an international scientific..
"There is no control body and it is not clear who checks the sports attractions, as well as who is responsible for their use". This was..
The Food Safety Agency of Azerbaijan has imposed temporary restrictions on the import of certain goods from some regions of Bulgaria and Croatia due to..
More and more young people in Bulgaria are succumbing to the easy access to quick loans, driven by the lack of financial experience, the desire for..
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