The women eat the oranges. (present tense)
The women are eating the oranges. (present continuous tense, "to be" + past participle)
Both are correct translations of the German. An English speaker would choose one or the other depending on the context of the situation.
'The women eating the oranges" (without the conjugated form of "to be") is a phrase that could either be a subject or an object:
The women eating the oranges sat on a bench.
I saw the women eating the oranges.