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PRESS RELEASE 5 Oct 2009
Bonnier acquires news2biz business reports on emerging markets
Bonnier Group has acquired the news2biz business reports published by Northroup Newsletters. The news2biz newsletters consist of five titles on the business and economies of Estonia, Latvia, Lithuania, Poland and China.
Bonnier Group will continue to publish all five newsletters and hopes to add new geographic titles to its portfolio. The aim is set for emerging economies like Ukraine, Belarus and Russia.
- �John Bo Northroup has done an excellent job building up a high-quality newsletter business. Bonnier, with its extensive experience in emerging markets, intends to give the news2biz newsletters all the added value that Bonnier expertise and team can offer,� says Igor R�tov, CEO of AS �rip�ev, Bonnier�s Estonian representative which will be engaged in daily publishing of the news2biz newsletters.
- �I am extremely happy to pass on the news2biz legacy to the leading Scandinavian media group with an impeccable track record and a keen ambition to develop our concept further. It would not have been possible to find a better investor for the business reports that I have been publishing for the past 16 years. I am also very happy that the core writing and editorial staff has chosen to continue with the new owner so that subscribers may remain confident in news2biz standards even after the change of ownership,� says John Bo Northroup, publisher and founder of Northoup Newsletters.
news2biz was established in 1991 with the aim of creating transparency in emerging markets by supplying independent, unbiased business intelligence to mostly Scandinavian corporate clients with business interests in Estonia, Latvia, Lithuania, Poland and China. The newsletters are published every second week and have subscribers in more than 15 countries. news2biz is exclusively financed by subscriptions and untamed by national or business interests.
Bonnier was established in 1804 and has grown into Scandinavia�s largest media concern, a multi-channel media company operating in 175 companies across 20 countries. The Bonnier Group is fully owned by the Bonnier family, handed down through eight generations. Dagens Industri is the group's largest business daily with a circulation of more than 110,000 copies.
