Traducciones Continental becames a member of Logos
www.multilingual.com 25/10/2001


The Logos Group, a translation and localization services provider, announced that of Traducciones Continental SL, a translation company from the Basque Country in Spain, has become the latest member of the Logos group.
Bitez SL, the Spanish subsidiary of Logos, acquired 55% of the corporate capital of Traducciones Continental SL, of Bilbao, partly through the issue of new stock and partly through the purchase of some of the shares of Oscar Laita, proprietor of Traducciones Continental. Laita has also exchanged some of his shares for shares in Logos SpA.

Traducciones Continental was founded in 1945 by Laita's father, Alberto Laita. Laita, a translator of German, French and Portuguese, took over management of the company in 1981. Apart from Laita himself, the full-time staff of Traducciones Continental consists of an English translator, a computer engineer, and three clerical staff.
The turnover is around half a million euro a year. There are an estimated 1,500 clients, including the Basque regional government.



Logos SpA already owns companies in a number of countries, including Spain, Italy, France, Belgium, Netherlands, the United Kingdom and the United States of America.
The group's central production unit in Modena houses one of the world's largest concentrations of translators and computer-assisted translation systems, including the Wordfast translation tool; Logos's own translation project software, Logosys; and a proprietary translation database system, Mneme.