Fonetix Translations CEO’s view on 2010 & expectations in 2011

As reported by reputable media, we have been witnessing an upturn in the Russian economy, with the processing industrial sectors leading the positive trends by a wide margin. The food industry, metallurgy and petroleum refining industry also belong to this rapidly growing group.

Your assessment of your company's operations in 2010

In 2010, we completed several various projects. One of these, a road construction project involving translation from German into Russian that we handled in summer, is especially memorable because of its large scale and complexity. We had to hire extra employees to execute the order. A point of special delight is new customers coming on board, some of whom were referred to us by our long-standing clients. This alone, to say nothing of the expansion of our clientele through the tenders won by our company in 2010, is acknowledgment of the quality of our services.

“A point of special delight for us in 2010 is new customers coming on board, some of whom were referred to us by our long-standing clients.”

Your business expectations, as a CEO, in 2011

Hopefully, the positive dynamics we have been enjoying will continue in 2011.

Your company's plans for 2011, taking into account your expectations from next year 

We are planning to adopt new industry specific software products, as we intend to improve our company functionality and move along with global trends. Also, we plan to expand our client network. However, despite our vast expertise in handling various projects, it is technical translations that will remain our priority in 2011.