Wolters Kluwer Legal, Tax & Regulatory Europe, a division of Wolters Kluwer, announced today that it has acquired Rosetti, a legal publisher in Romania, to strengthen its e-publishing position.
Rosetti, based in Bucharest with 17 employees, with 2004 annual sales of 350.000, is a legal and fiscal publisher for professionals in organizations and governments, such as lawyers, accountants, HR specialists, and public administrations. The acquisition will further strengthen Wolters Kluwer's market position in Eastern Europe for online publishing. The recently acquired EON, the innovative Romanian legal online publisher, links perfectly with Rosetti's legal content to increase integrated online solutions. "The acquisition of Rosetti creates many opportunities for Wolters Kluwer to expand into legal markets of professional publishing in Romania", says Rolv Eide, CEO Wolters Kluwer Legal, Tax & Regulatory Europe.
About Wolters Kluwer Legal, Tax & Regulatory Europe
Wolters Kluwer Legal, Tax & Regulatory Europe, a division of Wolters Kluwer, focuses on the growth potential of six customer segments: legal; fiscal/financial; human resources; public & government administration; health, safety & environment (HSE); and transport.
With a well-established presence in over 15 countries, Wolters Kluwer Legal, Tax & Regulatory Europe has annual revenues (2004) of 1,296 million and employs approximately 8,000 people.
Wolters Kluwer has annual revenues (2004) of 3.3 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific.