Europe's language business worth $12bn and growing

Francis Hult francis.hult at utsa.edu
Thu Jun 17 21:10:26 UTC 2010


The Guardian

 

Europe's language business worth $12bn and growing

 

Business generated by Europe's translation providers and other language teaching services is estimated to have been worth $12bn in 2008, according to research published by the EU last month.

 

The report, commissioned by the EU's translation service, said that the language industry is growing faster than any other sector in Europe, with expansion estimated to continue at 10%. But researchers warn that because the industry is so diverse, spread across activities ranging from in-company translation, software development and subtitling of films and television programmes, its impact is often overlooked.

 

Full story:

http://www.guardian.co.uk/education/2010/jan/14/tefl-singapore

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