PRESS RELEASE: TransPerfect, the world’s largest privately held provider of language services and translation-related technologies, today announced the opening of a new production location in London, UK.
The new office, the company’s second in London, is located in the rapidly developing Aldgate region in the city’s East End and will seat 150 employees. The decision to supplement the company’s existing European headquarters in Moorgate comes in direct response to growing demand for the services and technologies that globally minded organizations use to power international business.
Revenues out of the London office alone have doubled in the last five years, which includes end clients in the UK as well as throughout Europe.
With the added space, TransPerfect expects to add 170 new jobs between its two London locations in the next year.
“London has been one of our company’s most important strategic hubs since the opening of our first office there in 1998,” said Liz Elting, Co-CEO at TransPerfect. “Adding this second location gives us the bandwidth to serve the increasing demand in the region, and to continue to grow our team with dedicated and talented individuals that will have the benefit of a modern and conveniently located workplace.”
Phil Shawe, Co-CEO at TransPerfect commented, “We pride ourselves on providing global services—locally. Aldgate is a product of the East End’s rejuvenation, and thanks to its newly upgraded transport links, is fast becoming a popular business and cultural district. Opening this new London facility will help create jobs, service clients, and shape the future of our UK business.”