Yes.
Be careful when dealing with languages that don't use the Roman alphabet. There is often more than one way of 'translating'. (eg, Koran/Qur'an, or Ko/Koh - Thai for island... something I was looking it in this area)
It's also worth bearing in mind how words are said by the native speakers, e.g. labiere.com or lebiere.com (My French is shit - can never remember if something is le or la) I believe German has 3 forms - masculine, feminine and neutral.
There's definitely big opportunities there, but if you don't speak the language be careful you don't get it wrong and waste money!