Port Royale 2 Could Not Find Translation Files [extra Quality]
Set not only PR2.exe but also PR2_Config.exe (the configuration tool) to Windows XP (Service Pack 3) compatibility mode. Then run the config tool first and save settings before launching the main game.
If you own the retail CD or an old Steam copy, consider purchasing the GOG.com version (when available, though it’s currently pulled due to rights issues). GOG’s version is pre-patched with a wrapper that eliminates the translation path error entirely. Alternatively, search community forums for the "Port Royale 2 Community Patch," which includes a registry bypass. port royale 2 could not find translation files