UK language industry representatives step up lobbying efforts, aiming to mitigate potential impact of Brexit, which threatens to disrupt UK LSPs' access to qualified linguists in-country. Continue reading
The public sector was a significant source of contracts, conflicts, and developments for the language services industry in 2018. Here’s what you need to know. Continue reading
Revenues at UK-based language service provider TranslateMedia for the financial year 2018 declined by 5% to just over GBP 7m. EBITDA fell on the back of tighter gross margins. Continue reading
In November 2018, three EU tenders were issued relating to translation. Two tenders call for 225 contractors for translation into multiple languages and the third tender, worth EUR 225,000,... Continue reading
thebigword posts full-year 2018 revenues of nearly USD 100m and EBITDA of USD 5.9m, as growth is boosted by Ministry of Justice contract and defense business. Company launches new video remote... Continue reading
After a challenging 2016, UK-based Alpha CRC rebounds from losses to post modest profit for the full year 2017. Company says modern workflow tools and agile working may create a degraded... Continue reading
UK-based language service provider Intonation acquires Polish company Lacrosse Language Consultancy to reinforce its legal and financial customer base and gain physical presence in EU ahead of Brexit. Continue reading
Will TransPerfect defend the number one position in 2018? And why are Anglo-American LSPs dominating the Slator LSPI? What will Brexit mean for English use in the EU? Any why buyers choose to... Continue reading
Alpha CRC, one of the UK’s larger language service provider, reported a nearly 10% decrease in revenues and a net loss for the financial year 2016. The company reacted by reducing costs and... Continue reading
London-based TranslateMedia reports 8.5% revenue growth for its financial year ended March 31, 2017. Managing Director Rupert Evans believes neural machine translation has reached a tipping point... Continue reading
A plummeting pound, concerns about hiring from the European Union, and worries about adequate translator training weigh on the minds of top executives at language service providers in the UK as... Continue reading
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