The general objective of the project Building Language Resources and Translation Models for Machine Translation focused on South Slavic and Balkan Languages is to equip the information society with necessary linguistic and technological resources that will foster machine translation (MT) in order to promote cross-lingual communication, business, education and research, as well as cross-cultural integration. This goal will be accomplished through the establishment of a research network committed to the advance of research and technologies in the field of Machine translation with a special focus on South Slavic and Balkan Languages.