In October, Bisnode expanded its strategic partnership with peer Dun&Bradstreet (D&B) to eight more markets including Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Macedonia, Montenegro, Kosovo and Albania.
The acquisition contract will be effective from January, meaning that Bisnode will begin to offer D&B solutions and global platforms in eight Balkan countries with the beginning of 2016, the company said in a press release made available to SeeNews. The consolidated operational revenue of Bonline, Bonitetna Hisa and Rating amounted to 1.2 million euro ($1.3 million) in 2014, Bisnode added.
Bisnode has since 2002 provided high quality information from local markets to the global D&B network and served customers with D&B products and international data, the company said. In 2012 the group renewed its partnership agreement with D&B for a period of 10 years, allowing it greater integration and improved product development.