Fordítóiroda
Villámfordítás Fordítóiroda (Villámfordítás), founded in 2007 is one of the top local providers of language solutions in Central-Europe. Our average annual revenue growth rate has been over 25% ever since. VILLAM's office is based in Budapest, Hungary with a staff of 22 linguists, localization professionals and project managers.

Company overview

We enable more than 9000 Hungarian brands to increase international market share and engage their customers in local markets worldwide. Over 70 of our 45 000 customers are on the TOP 500 list of Hungarian companies. Our intent to become a major regional LSP/MLV has already manifested in the increasing number of business clients benefit from our services in the European Union, especially in Germany, Slovakia, Romania, Croatia, Slovenia, Serbia and Austria. We also very much appreciate our local private clients in Hungary and help them communicate in international matters.

Our language company offers translation in many language pairs in the combination of ca. 52 languages, and most of the pairs contain the Hungarian language as the source or the target language. Concerning the Hungarian language, we have a competitive advantage in quality and prices on the world market for language solutions since many of the translators working for our company use Hungarian as their mother tongue.

Using our innovative translation technology platform (including our fully integrated, proprietary language management system) and our easy to use, award winning online customer service, we provide translation, interpreting, online marketing, software localization and media localization solutions that ensure the trust and recognition of our clients’ foreign parties. Overall consistency and local relevancy are the foundation of our text-based services.

 

 

Management

Villámfordítás Fordítóiroda was founded by Tünde Gál-Berey who currently acts as chief executive officer of the company. Tünde is involved in many aspects of the company’s activities and engaged in refining solutions and introducing innovations in the business and technological processes. She is also deeply engaged in regional industry policy and translator training, therefore considered to be one of the most innovative professionals of the Hungarian language industry.

Fundamental assets

Villámfordítás Fordítóiroda operates with cloud technology on an innovative online platform which enables our global workforce of more than 1800 professional translators and language professionals to work seamlessly together. This unique human resource of translators makes it possible to deliver translations in 52 languages and more than 20 specializations to our customers.

Our office in Budapest accommodates most of our in-house business activities. We work with a team of 20 language professionals / project managers.

Financial report

Villamforditas Ltd. is the name of the company behind the trademarked brand "Villámfordítás" (in Hungarian it means lightning fast translation). Founded in 2007 by our current CEO, VILLAM achieved steady growth over the past 13 years. 

M HUF/Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Revenue 19.4 36.0 42.6 59.0 98.2 122.5 177.2 221 280 367 451 520*
Equity 0.9 1.0 4.3 6.0 20.9 42.9 70.9 76.6 77.6 97.5 156 185
Profit 0.3 1.1 3.3 5.4 14.4 22.0 28.0 33,6 34.4 55.0 98 115

 *prognosis

Prospects

VILLAM applies a sustainable business model and offers high-tech, yet traditional language services. We are aware of the new economics of translation and are prepared to adopt new behaviors of sharing and collaboration. Language technology progresses towards the abundance in supply and eradicates the need for human repetitive work. Linguistic quality, translation memories, and competitive word rates are our present, but global business impact, data, novel business models, and value-based pricing are our future.

Investment strategy, Mergers & acquisitions

We believe in technology and the innovative value of being open to the new. The challenge of the language industry is to provide better quality faster at a smaller cost. These three elements can only be met by continuous innovation to boost productivity. At the same time improvements are needed in the processes. Villámfordítás Fordítóiroda aims to become a cutting-edge translation company in Central-Europe as well as a competitive global player.

Our strategy is open to form joint ventures and benefit from emerging synergies of partner companies. We feel fit enough to acquire and reorganize similar companies. Also, if we see the future of our company better off under the roof of a larger organization, we would consider merging our resources into something bigger and better, which we can be a part of.