Booming business in Babel

Published on 24 November 2009 at 11:55
Evenimentul Zilei, 24 November 2009

Cover

Despite the prevailing economic doldrums, one business is booming in Europe: the language sector. “This sector, which includes translation and interpreting, organising multilingual conferences and language teaching, boasts the highest growth rate in Europe,” reports Evenimentul Zilei. In 2008, according to a European Commission report due to come out in a few days, the language sector turned over €8.4 billion, and a 10% increase is in the cards for next year. “We expect to see turnover double by 2015,” says the Brussels report. The Romanian press has homed in on the European language sector because the post of EU commissioner for multilingualism, created and entrusted to Leonard Orban, a Romanian national, in 2007, has often been written off as a sinecure.

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Voxeurop needs you. Join our community!

On the same topic