News
Echternach hopping procession: intangible UNESCO heritage
01-06-2023
Anyone passing through the Luxembourg town of Echternach on Whit Tuesday might have seen a curious sight: thousands of people, mainly dressed in black and white, hopping through the town’s medieval streets to a polka melody. This tradition, whose roots go back to the 15th century, has been recognised as an Intangible World Cultural Heritage by UNESCO.
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Why choose Luxembourg for business? Discover our new video
31-05-2023
Have you ever considered benefitting from Luxembourg as the launch pad to the European market for your international company? Join us in our innovative virtual studio to discover why you should!
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Webasto invests in new production line in Luxembourg
26-05-2023
Automotive supplier Webasto has been present in Luxembourg since summer 2022 and is turning the facility here into its global centre of competence for smart glazing. The company is now investing in a new Luxembourg-based production line for high-tech glass. The ground-breaking ceremony was held on 24 May 2023.
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House of Sustainability opens in Luxembourg
23-05-2023
The House of Sustainability, which officially launched on 21 April 2023 as a one-stop shop for all sustainable development solutions in Luxembourg, offers and guides companies toward an all-inclusive service offering available in Luxembourg to support their sustainable transition. Companies of all sizes and from all sectors can benefit from a vast ecosystem of sustainable solution providers based in Luxembourg.
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Europe at San Francisco Pride 2023
18-05-2023
It’s time to gather our fellow Europeans in the Bay Area to celebrate San Francisco Pride on June 25!
The San Francisco Pride Parade is the largest gathering of the LGTBQ+ community in the U.S., ...
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Work visit of H.R.H. the Crown Prince of Luxembourg and Minister of the Economy Franz Fayot to California
16-05-2023
From May 8th to May 12th, 2023, H.R.H. the Crown Prince of Luxembourg presided over a working visit to California led by Minister of the Economy, Franz Fayot. The purpose of the visit was to strengthen economic ties and explore opportunities for collaboration between Luxembourg and California, particularly in the fields of space, autonomous driving, artificial intelligence, and clean technologies.
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Two Luxembourg start-ups supported by WomenTechEU
15-05-2023
In the framework of the WomenTechEU programme dedicated to innovative deep-tech projects led by women, two Luxembourg companies, supported by Luxinnovation, have received European financial aid.
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Luxembourg: Exceptionally open to business
15-05-2023
In April 2023, Adrian Trömel, Luxembourg’s Foreign Trade Advisor in Texas, co-organised a visit to Luxembourg for a group of Houston-based venture capital, private equity and real estate firms to explore how the Grand Duchy could help them reach the European market. The similar economic interests, including Luxembourg’s openness to business, services and resources for funds and companies looking to grow left a lasting impression on the delegation.
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Growing ryegrass on Mars?
15-05-2023
It looks like a good start! A team from Luxembourg Institute of Science and Technology (LIST) has succeeded in growing a beautiful and very resistant plant, ryegrass, in soil similar to that found on ...
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Destination Luxembourg: A city as diverse as its residents
15-05-2023
Skylines and river valleys, modern glass buildings on historic foundations, and swathes of green: Luxembourg’s capital is as diverse as its residents, who hail from more than 100 nations. Experi...
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Innovative companies in Luxembourg are supported by “a strong network”
10-05-2023
Maxime Delmée, Belgian CEO and co-founder of AM 4 AM, a startup specialised in the development of new materials for additive manufacturing and a graduate of the Fit 4 Start acceleration programme in Luxembourg, discusses his entrepreneurial experience in Luxembourg. He explains that Luxembourg’s openness to innovation and its support for startups was crucial to his company’s development.
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Bank of America opens Luxembourg branch
10-05-2023
Bank of America today announced that it has opened a new branch in Luxembourg, further strengthening its capabilities and the value it offers to clients in core markets.
The launch means the bank can ...
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Luxembourg kicks off European precision medicine initiative Clinnova
05-05-2023
Clinnova, an international project involving clinicians and researchers from Luxembourg, France, Germany and Switzerland, was officially launched in Luxembourg on 27 April 2023. The initiative is aimed at realising the benefits of precision medicine for treatment decisions through data federation, standardisation and interoperability.
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Connecting US businesses with Luxembourg
04-05-2023
Paul Binsfeld, Luxembourg’s Honorary Consul to Arizona and New Mexico, is passionate about connecting businesses in the US with Luxembourg, and vice versa. We caught up with the experienced entrepreneur and company executive during a recent trip to Luxembourg to speak about what the Grand Duchy can offer American companies and how he can help.
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Astroport establishes European subsidiary in Luxembourg
02-05-2023
US-based space construction and materials manufacturing company Astroport Space Technologies has established a European subsidiary in Luxembourg. This announcement was made during the European Space Resources Week from 19 to 21 April 2023.
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A passion for steep climbs
01-05-2023
Often referred to as Luxembourg's Little Switzerland, the Mullerthal region in eastern Luxembourg is renowned for its hilly landscape, forests and, most of all, unique sandstone rock formations. An interesting challenge for rock climbers.
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At the forefront of the solar panel cleaning industry
27-04-2023
The solar energy market is expanding rapidly: experts estimate the global market growth over the coming years to be above 30%. This also means an increasing demand for high-performance products aimed ...
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Space Resources Week Luxembourg
26-04-2023
Luxembourg Space Resources Week brought together leaders from space agencies, research institutes, start-ups, and industry from around the world discussing ways towards an inclusive space resources ec...
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SES Space and Defense to provide satellite capabilities for U.S. Army training
24-04-2023
SES Space & Defense was selected to provide satellite communications capabilities for U.S. Army training operations under a new five-year agreement.
This continues a long-standing partnership buil...
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Climate Tech Leader nZero Raises $16M in Series A Funding
21-04-2023
nZero near real-time carbon management and accounting platform, closed a $16 million Series A funding round. It will enable the company to scale amid a global call for better, more accurate tracking and reporting of energy, financial, and greenhouse gas emissions data across the public and private sectors. The influx of funding arrives as more organizations worldwide strive to use data to implement and reach climate change goals.
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Astroport Space Technologies forms European Subsidiary in Luxembourg
21-04-2023
Astroport Space partners with Interflight Global Europe to establish Astroport Europe for lunar construction operations. Astroport Europe will focus on development of lunar construction and operations technologies needed for the company's goals of emplacing lunar surface infrastructure assets such as roads and landing pads in support of the NASA Artemis program and commercial missions for mining and establishing a permanent presence on the Moon.
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OffWorld Europe and Luxembourg Space Agency Collaborate in New Lunar Exploration Program
21-04-2023
The project, which is under the oversight of the European Space Agency, will leverage OffWorld's cutting-edge robotic modules that are capable of carrying out a range of functions, including prospecting, mining, processing, storing and delivering oxygen, hydrogen, and other volatiles to customers on the lunar surface. The program is already underway, and the first demonstration mission on the lunar surface is slated for 2027.
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How to succeed with your expansion into Europe: the company executives’ top tips
12-04-2023
International companies that decide to expand to Europe generally base their decision on thorough analyses of market potential, competition and so on. However, there are other key points that might make the difference between failure and success. We spoke to four executives of companies that use Luxembourg as their base for growing in Europe, and highlighted 13 essential factors that can help you get it right from the very beginning.
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Luxembourg Future Fund 2 to support diversification and sustainable development
06-04-2023
The Luxembourg government has recently launched a new equity investment fund, the Luxembourg Future Fund 2. With €200 million in total financing commitments between Luxembourg state bank SNCI (up to €160 million) and the European Investment Fund (up to € 40 million), the LFF 2 provides additional firepower in support of innovative projects in Luxembourg.
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Luxembourg among the world's 10 happiest countries
05-04-2023
Luxembourg confirms once again its position as one of the world's happiest countries. It ranks 9th in the 2023 World Happiness Report.
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Visit the Luxembourg pavilion at the International Cybersecurity Forum in Lille
30-03-2023
More than 600 exhibitors will be heading to the 15th edition of the International Cybersecurity Forum in Lille (FIC) from 5 to 7 April 2023. Luxembourg has been present at previous FIC editions and will have a strong presence at the forum this year with approximately 30 companies and research organisations represented at the Luxembourg pavilion.
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University of Luxembourg inaugurates fintech centre of excellence
29-03-2023
On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
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Year-on-year inflation lowest in Luxembourg
28-03-2023
Luxembourg recorded the lowest annual inflation rate in member states in January 2023, according to the figures published on 23 February by the statistical office of the European Union, Eurostat. The flash estimates for February released on 2 March also show that Luxembourg maintained the eurozone’s lowest inflation record.
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Cybersecurity Startup Passbolt Selected To Google For Startups Growth Academy
27-03-2023
Luxembourg startup Passbolt has been selected to join the Google for Startups Growth Academy: Cybersecurity. Out of 120 applications, Google has selected 15 startups from eight European countries that...
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AI and the status within financial services webinar, full replay
27-03-2023
“Focus On AI and Big Data” livestream by Luxembourg For Finance brought together experts working at the cross section of finance and technology to detail the increasingly critical role that Big Da...
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