Straker Wins EU Translation Contract Worth €525,000
Straker Limited has secured a new contract with the Translation Centre for the Bodies of the European Union (CdT) for translation and post-editing services from English into French, announced in a press release.
The agreement has an estimated value of €525,000 (approximately NZ$1.06 million) over its expected four-year term, based on anticipated volumes. It begins with a 12-month initial term, automatically renewable up to three times unless either party provides written notice of non-renewal at least three months before the end of a term.
Straker stated that the company has worked with the European Union intermittently since 2022 and that this new contract continues that relationship. The company provides AI-supported language services combining technology and linguistic expertise for clients globally.
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