Anita Hosnik, President of the Slovenian Association of Translation Companies Anita Hosnik, President of the Slovenian Association of Translation Companies
Dec 27

SLOW DOWN IN GERMAN ECONOMY HAMPERS SLOVIAN LANGUAGE MARKET

"In our business predictions for future are always very difficult to make," writes Anita Hosnik, President of the Slovenia Association of Translation Companies (SATC). "There are many different factors that can influence our success.

"The economic growth locally and in Europe can have a big impact. Companies in Slovenia are particularly connected to German economy, where growth is not so high anymore.  However, there are many technology developments in the translation business, a lot of potential for implementing new services, offer better and faster service to our clients. This makes our work exciting and challenging and is pushing us to be more creative.

"Generally, 2018 was a successful year for members of Slovenian Association of Translation Companies. We anticipate the number of orders will increase, however the price pressures are still very much present. I would say we are cautiously optimistic for the year 2019."