News
Mission to Latvia presents potential business opportunities
21-03-2023
A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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Luxembourg’s LIST heads EU battery project
21-03-2023
The Luxembourg Institute of Science and Technology (LIST) is leading a European project worth more than $5 million to develop innovative tools and methods to enable better, safer and recyclable lithium-ion batteries.
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Prime Minister Xavier Bettel visit to the US West Coast
20-03-2023
PM Xavier Bettel met with leadership of Apple, Google, Open AI, Cruise, Lyten and Qualcomm. Xavier Bettel and Tim Cook shared their understanding that sustainability is the future of technology. The discussions also focused on developments in artificial intelligence, data protection and cybersecurity. Google Cloud CEO confirmed his commitment to the creation of a Google entity in Luxembourg.
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How to succeed with your expansion into Europe: the experts’ top tips
14-03-2023
Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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Fortress, history, identity
10-03-2023
Art and history lovers can find their heart’s desire in Luxembourg City by walking along the so-called MuseumSmile, which is home to no less than seven museums.
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University of Luxembourg ranks 4th worldwide for its high international outlook
09-03-2023
The University of Luxembourg was ranked among the top 250 universities in the world in the Times Higher Education World University Rankings 2023. The multicultural and research-oriented university in Luxembourg, comprised of over 50% of foreign students, was ranked fourth in the world for its international outlook.
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Luxembourg bags world’s best in talent attraction twice in a row
03-03-2023
Luxembourg’s reputation as the world’s top talent magnet has once again been acknowledged in the 2022 Global Talent Competitiveness Index. For the second year in a row, the Grand Duchy retained its no. 1 position for attracting talents and was ranked 11th out of 133 countries assessed in the index, making it one of the top performers globally.
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California space robotics firm OffWorld launches European operations in Luxembourg
28-02-2023
OffWorld is growing and its new sector in Luxembourg will focus on applying its autonomous industrial mining robots to space applications. The company is opening several jobs to the local economy and is looking to onboard talent from various fields.
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Luxembourg’s AAA credit rating affirmed by Fitch and Scope
27-02-2023
Luxembourg retained its AAA rating with a stable outlook in the most recent Fitch and Scope ratings. Both credit rating agencies based their conclusions on Luxembourg’s high economic resilience, good governance indices, and robust public finances. Key takeaways from the rating agencies’ evaluation are detailed below.
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Webasto invests in sustainable production of automotive glass
22-02-2023
Webasto develops innovative automotive glazing out of Luxembourg. Its new production line enables Webasto to compete in the growing market of glass roofs for electric and self-driving cars and to intr...
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San Francisco symphony in Luxembourg
22-02-2023
This March, the San Francisco Symphony and Music Director Esa-Pekka Salonen embark on a tour to Europe, with concerts in Luxembourg, France, Germany. These concerts are of particular significance, as ...
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Rating agencies maintain AAA rating for Luxembourg
22-02-2023
A few weeks after Fitch’s AAA rating, Scope Ratings has also awarded Luxembourg a triple A rating “with stable outlook.” This is once again the best possible rating to assess the country’s fin...
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“Find a place you love”
15-02-2023
When international companies choose the location for their European office, there are a number of factors to take into account. Fedor Antonov, CEO of continuous fibre 3D printing specialist Anisoprint, highlights a range of considerations not to overlook, and recommends company executives to give priority to spending time in their new location.
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Connectivity is key
14-02-2023
The Luxembourg Trade and Investment Offices (LTIOs) are key relays for international companies interested in expanding their business to Europe through Luxembourg. We spoke to Tania Berchem, Executive Director of LTIO Taipei, about challenges, success factors and how she and her team can help.
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A very innovative country
09-02-2023
Charlotte Pedersen, Non-Executive Director and company owner of Pegasus Consilium, came to Luxembourg from Denmark in 2009. She shares her experience of what it is like to do business and live in Luxembourg.
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Top-level security standards for Luxembourg supercomputer
07-02-2023
As LuxProvide, the company in charge of Luxembourg’s supercomputer MeluXina, expands its cooperation with companies, it is implementing an advanced security system to ensure that customers can process their data in a climate of complete trust.
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Launch of the Humanitarian Innovation Accelerator call for projects
01-02-2023
From today on, the call for projects of the Humanitarian Innovation Accelerator (HIA) will be open to national and international applications in order to promote innovative solutions in support of the global humanitarian sector. Applications can be submitted until 1 March 2023.
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“Break down the diversity barriers”
30-01-2023
Opening a first European office is a big step for many international companies that do not only need to handle business aspects, but also cultural and linguistical challenges. Toshihiko “Toby” Otsuka, CEO of Rakuten Europe, shares how this Japanese company managed to overcome such barriers when establishing its European headquarters in Luxembourg.
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"The Red Suitcase" by Luxembourg director Cyrus Neshvad in the running for the Oscars!
24-01-2023
The Academy of Oscars has lifted the veil on the last 5 films in the running to win the precious golden statuette: The red suitcase, a film directed and produced by Luxembourger Cyrus Neshvad ( Cyne...
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Luxembourg Space Agency 5th Anniversary: Space Open Doors
23-01-2023
Celebrating its 5th anniversary, the Luxembourg Space Agency in collaboration with around 20 Luxembourg-based space companies and startups are opening their doors throughout 2023 to showcase their wor...
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“Revalidate your assumptions”
23-01-2023
Argentine digital health company ViewMind opened its European office in Luxembourg a few years ago. Mark Edwards, CEO, and Matias Shulz, COO of ViewMind, share their insights into key points to keep in mind for international companies that target the European market.
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Cisco and Luxembourg Renew their Collaboration in Digital Transformation
17-01-2023
Xavier Bettel, Prime Minister of Luxembourg and Chuck Robbins, Chair and CEO of Cisco announced new initiatives to help accelerate digital transformation in Luxembourg. These will focus on three pilla...
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"People and partnerships key to success"
16-01-2023
In late 2017, San Francisco-based global space-based data, analytics and space services provider Spire opened its Luxembourg office to increase its European footprint. We spoke to John Lusk, COO of Spire Maritime, about what he sees as the main success factors and pitfalls to be avoided for international companies expanding to Europe.
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House of BioHealth extension inaugurated
12-01-2023
On 12 January 2023, a new extension of the House of BioHealth, Luxembourg’s unique hosting facility for biotech and healthtech companies was officially inaugurated. A total of 15,000 m2 of lab and office space are now available for businesses in the sector.
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Luxembourg Awarded Innovation Champion at CES 2023 in Las Vegas
11-01-2023
Consul General Daniel Da Cruz was honored to accept the 2023 Innovation Champion Award on behalf of Luxembourg at the CES 2023 Opening Ceremony in Las Vegas.
This award recognizes the Grand Duchy as a...
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Gaining a foothold in Europe
10-01-2023
For decades, they have been supporting international companies that are looking to come to Europe and set up branch offices or regional headquarters here. Four Luxembourg-based experts share their insights on how to make the ride to Europe as smooth, speedy and successful as possible.
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Luxembourg ranks 11th in 2023 Global Innovation Scoreboard
09-01-2023
Luxembourg is one of 24 countries classified as "innovation champions" in the 2023 Global Innovation Scoreboard. The country stands out for its high degrees of freedom and diversity.
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The good life in Luxembourg: Faces of Fëschmaart
09-01-2023
The fish market or “Fëschmaart” has always been a lively merchant district. It began with fish and spices, and continues today with handmade goods made to measure. The Fëschmaart is a village in the city, shaped and brought to life by dedicated merchants and restaurateurs.
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LIST opens sustainable composite materials innovation centre
05-01-2023
The Materials Department of the Luxembourg Institute of Science and Technology (LIST) has recently launched a Sustainable Composite Materials and Manufacturing Innovation Centre (SCMM). The new centre will in particular develop composite materials with a very low carbon footprint and demonstrate their benefits through concrete application demonstrators for the automotive, rail, space, aeronautics and future urban air mobility.
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Luxembourg ranks 8th worldwide for rule of law
03-01-2023
Ranked 8th in the 2022 WJP Rule of Law Index, Luxembourg stands out in particular for its high level of order and security, fundamental rights and regulatory enforcement.
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