Turnover of Tilde language technologies company drops 7.9% in 2021

Published date02 August 2022
Publication titleLETA

RIGA, Aug 2 (LETA) - Latvian language technologies company Tilde last year generated EUR 6.679 million in turnover, down 7.9 percent from a year before, while the company's profit nearly doubled to EUR 409,504, according to Firmas.lv business database.

The company's management said in a report that in 2021 Tilde successfully continued to develop language technology and translation software, as consistent activities in AI research and development of new technologies ensured last year's revenue and profit.

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