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"Firmas.lv" informs that the company's turnover has risen by 9 percent - from EUR 3.9 million in 2012 to EUR 4.25 million in 2013. It is "Tilde's" highest turnover since 2008, when it was 4.35 million. During the next three years after 2008 the company's turnover significantly decreased due to the crisis.

"Tilde's" management explains that the turnover has increased thanks to higher sales of language technologies and related services.

This year the company is planning to invest EUR 411,300 in development.

"Tilde's" management plans to slightly increase turnover in 2014, as stated in the report. The company plans to develop new technologies for export, and continue work on projects co-financed by the European Union in the framework of the "Horizon 2020" program, as well as on the company's Competence Center program.

"Tilde" is the largest language technology company in the Baltics, it was established in 1991. It has offices in Riga, Vilnius and Tallinn, and a staff of 120. The company specializes in developing language technologies, software localization, accounting and business management software.

The company's owners are Andrejs Vasiljevs and Uldis Dzenis with 50 percent of the company's shares each.