In its first major transaction since its 2015 private equity investment, Sweden’s Semantix acquires Denmark’s TextMinded. Deal lifts Semantix revenues comfortably above USD 100m, putting more distance between the LSP and its Nordic rivals. Continue reading
Government procurement agency Hansel defends itself against critics of the way it handled Finland’s EUR 37.5m interpretation contract; denies it changed rules mid-process. Continue reading
Central procurement agency Hansel leaves Finnish government without language service contracts; source says big government clients may launch own tenders. Affected LSPs take Hansel to court. Hansel described as unprofessional customer. Continue reading
EU awards EUR 63.5m interpretation contract to meet language needs of immigrants from southern border; Finland, EUR 37.5m, for those who make it way up north. Continue reading
After withdrawing twice, government contracting agency re-issues call for tender on renewal of major framework agreement for interpretation. Vendors under current framework include Semantix and Norway’s Hero Tolk. Continue reading
From newly formed ULG to MotaWord, Cloudwords, thebigword, and RWS’s CTi unit, 2016 has seen its fair share of senior appointments in the language industry. Here is a roundup of last year’s most important new hires. Continue reading
STP creates new position of Account Linguist Production Manager to oversee 36 full-time Account Linguists. SDL appoints new program director to manage 10 program and project managers. And Semantix names new head of interpretation center in Stockholm, which will house up to 50 interpreters for Arabic, Dari, Somali, and Tigrinya. Continue reading
Two individuals join the language industry via rather unusual paths, two buyers become vendors, and an industry vet reveals how he began his career by looking under “Language” in the phone book. This is the week in language industry hires. Continue reading
Anecdotes and teachable moments from recent appointees at CSOFT, Semantix, Capita TI, EQHO, Talkbridge, Ad Verbum, and Geneva Worldwide. Continue reading
Swedish telecom giant Telia’s Helsinki office outsources a team of five translators to Semantix. Deal comes one month after Semantix hired new Finland Head Kalle Toivonen. Continue reading
Another language service provider goes to private equity, as Northern Pacific Group emerges as the financier behind the Merrill Translations buyout. The M&A race for mid-sized LSPs is set to heat up. Continue reading
CEO of Nordic language service provider, Anders Uddfors, talks about why he hired from outside the translation industry to fill the Finland Managing Director role; discloses that 2015 group revenues grew 23% to EUR 74m, EBITDA margin at 8%. Continue reading
The grass was greener for many in 2015 as CEOs stepped down, executives were hired from outside the industry, & sales leaders took their prospect list to another LSP Continue reading
Semantix has hired Angelika Kjelldorff as its new HR Manager. She will start on October 12, 2015 and will be based in their Stockholm office. Continue reading
Nordic interpretation and translation agency Semantix has hired Carina Vibenius as its new Head of Legal and Tendering. Continue reading
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