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PROMT history
PROMT company history timeline
The company was founded in St-Petersburg in 1991 by the former employees of laboratory of engineering linguistics of Herzen University.
In 1997, PROMT together with the French company Softissimo developed a number of products for the western market called Reverso.
On March 6, 1998, PROMT launched the first Russian web service Translate.Ru, intended for translation of the text or a web pages.
The sum of transaction was not disclosed, but according to Renova, the total amount of the world market of a translation service for the companies valued in 2007 at $9–10 billion, PROMT sales are 2% from this sum, that is $180–200 million.
In 2008, the company controlling stake was redeemed by Renova Group.
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Zippia gives an in-depth look into the details of PROMT, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PROMT. The employee data is based on information from people who have self-reported their past or current employments at PROMT. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PROMT. The data presented on this page does not represent the view of PROMT and its employees or that of Zippia.
PROMT may also be known as or be related to PROMT, PROMT LLC and Promt.