Luxembourg among the world’s least corrupt countries

04-02-2021

The Corruption Perception Index is published by NGO Transparency International. The recently published 2020 edition ranks Luxembourg as the 9th least corrupt country in the world.
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Luxembourg receives AAA rating for sustainability by Moody’s

03-02-2021

According to credit rating agency Moody’s, Luxembourg’s solid economic structure has enabled the country to weather the economic consequences of the coronavirus pandemic. The country still has a robust financial situation, a low level of debt, a forward-looking economic policy and a stable political environment.
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The way forward

01-02-2021

When the coronavirus pandemic first hit Western Europe, Luxembourg quickly put health measures in place to protect its population. The country also launched a massive programme to safeguard the economy, followed by a range of measures aimed at stimulating innovation and helping companies become more sustainable and resilient.
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Luxembourg 5th best country to raise a family

29-01-2021

Luxembourg is the 5th best country to raise a family in the world according to a comparative study of international sources. The country performs particularly well in the safety, cost and time categories.
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Start-ups versus COVID-19

29-01-2021

The call for projects "StartupsVsCovid19" offered 15 start-ups financial support of up to €150,000 each to develop innovative technological products and services intended to limit, or even overcome, the economic, health and societal effects of the coronavirus crisis. 5 of them talk about their projects and how they contribute to the fight.
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LIST-Gradel joint lab to produce ultra-lightweight structures for space

27-01-2021

The Luxembourg Institute of Science and Technology (LIST) has announced a new partnership venture with Luxembourg company Gradel to research and produce ultra-lightweight structures for the aeronautics and space industry. The joint lab will produced parts for three European giants in satellite construction: Thales Alenia Space, Airbus Defence and Space, and OHB.
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Luxembourg to open healthtech incubator

22-01-2021

Luxembourg's new business health technologies incubator will open in spring 2021. Hosted at the House of Biohealth in Esch-Belval, it will offer 350 m2 of laboratory space to start-ups and spin-offs during their first 2-3 years of operation.
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A clean, green innovation for industrial concrete floors

22-01-2021

Luxembourg-based Topp & Screed designs and manufactures equipment for the production of concrete industrial floor slabs. Through the innovative implementation of technology developed in the automotive sector, the company is the first in the world to launch a fully electric screed on the market.
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Korean biotech MBD sets up joint research laboratory in Luxembourg

20-01-2021

South Korean MBD is setting up a joint laboratory with the Luxembourg Institute of Health (LIH) and the Integrated Biobank of Luxembourg (IBBL). The laboratory will focus on precision medicine for cancer patients. MBD will also use its new base in Luxembourg to expand its business in Europe.
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Sustainability by design

19-01-2021

What makes a technology truly clean? Specialists at the Luxembourg Institute of Science and Technology (LIST) argue that a holistic perspective, spanning from technology development and production to use and end-of-life treatment, is needed.
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Korean company INFINIQ sets up European headquarters in Luxembourg

12-01-2021

Leading Korean artificial intelligence and machine learning data specialist INFINIQ has announced the establishment of an overseas sales corporation and its European headquarters in Luxembourg. This decision has been facilitated by the Luxembourg Trade and Investment Office (LTIO) in Seoul and by Luxinnovation.
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Luxembourg hosts 2021 Cleantech Forum Europe

11-01-2021

Luxembourg is the hosting partner of 2021 Cleantech Forum Europe, a major international event in the field of clean technologies. The virtual conference, which takes place on 12-14 January 2021, is an excellent opportunity to showcase Luxembourg’s commitment to sustainability and cleantech to national and international companies.
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Building a sustainable economy

08-01-2021

Internationally renowned for its strong economic performance, Luxembourg has a determinedly green outlook towards the future. Crossroads Magazine spoke to Minister of the Economy Franz Fayot about his vision for combining successful economic development with long-term sustainability.
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Two new laws further reinforcing the legal framework for space operators are voted by the Luxembourg Chamber of Deputies

05-01-2021

On 10 December two new laws enhancing Luxembourg’s legal framework for space activities authorisation and supervision were submitted to Parliament for approval. The legislation responds to a growth ...
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10 most read Trade & Invest articles in 2020

05-01-2021

Luxembourg’s performance in international studies, business support and market trends during the COVID-19 pandemic, and how to set up a business in the Grand Duchy: here are the articles you most enjoyed reading in 2020.
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Web Summit: Startup Luxembourg side event draws full house

17-12-2020

A side event organised by Startup Luxembourg at renowned technology conference Web Summit 2020 in Lisbon, Portugal, attracted numerous participants interested in the Luxembourg start-up ecosystem. Several international start-ups shared their reasons for choosing Luxembourg as their home.
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A diverse, connected ecosystem for mobility innovation

16-12-2020

Digital technologies are transforming mobility in a way that impacts not only the automotive industry, but society as a whole. Luxembourg offers mobility innovators a real life laboratory at the heart of Europe where they can test new solutions and refine them for the European market.
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EIB Announces First Direct financing for a start-up in the European New Space sector - 20 million euro venture loan for Spire Global

15-12-2020

On 3 December at Web Summit 2020, the European Investment Bank (EIB), and Spire Global announced a venture debt financing agreement of up to €20 million. According to the European Investment Bank, ...
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NASA Selects Companies to Collect Lunar Resources for Artemis Demonstrations, including ispace Europe based in Luxembourg

15-12-2020

NASA announced on 3 December that it has selected four companies to collect space resources and transfer ownership to the agency: Lunar Outpost of Golden, Colorado; Masten Space Systems of Mojave, Cal...
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A standard for circular products

14-12-2020

Clean technologies and the circular economy are central themes in Luxembourg’s strategy for data-driven innovation. The country is at the forefront of developing data-related standards that will drive the clean technologies of the future.
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Maximising aircraft life and value – the sustainable way

04-12-2020

Reducing the environmental impact of air transportation is crucial. Luxembourg-based Vallair is rising to the challenge with its innovative approach to giving new life to mature aircraft. Having recently delivered the world’s first passenger Airbus A321 converted into a cleaner and more efficient freighter, the company is designing solutions that are both economically attractive and environmentally sustainable.
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New Crossroads Magazine highlights Luxembourg business opportunities

03-12-2020

The first edition of Crossroads Magazine, the new international publication from Luxembourg Trade & Invest, has just been released. It highlights the technological excellence and innovation potential of the Luxembourg economy. The first issue focuses on clean technologies and market trends and new opportunities in the post COVID-19 economy.
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5 things to know about cybersecurity in Luxembourg

02-12-2020

A strong national cybersecurity ecosystem is a key pillar for developing Luxembourg’s trusted and secure data-driven economy. A new study by SECURITYMADEIN.LU and Luxinnovation provides five key insights into the strengths and unique characteristics of Luxembourg’s cybersecurity ecosystem.
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MushRooming eco home

01-12-2020

2020 has been the year of the “staycation” and, for many, the opportunity to enjoy unexpected adventures and beautiful spots.
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Luxembourg to start real life testing of an international standard for a digital circularity fingerprint for products

30-11-2020

The Ministry of the Economy just launched phase two of the development of an international standard for circular products. It provides information on the circularity of products to all stakeholders involved along their value chains. A first viable version of the standard is being tested in real life, allowing to identify the most suitable governance model, the audit scheme and reliable IT systems for its management.
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Luxembourg: top country for English skills

26-11-2020

Luxembourg is one of the 12 countries in the world that have very high skills in English as a foreign language, according to the 2020 EF English Proficiency Index.
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Luxembourg 3rd in World Talent Ranking

20-11-2020

Luxembourg comes out 3rd in the 2020 World Talent Ranking, which is an improvement with two places compared to the previous year. The country notably stands out for its ability to attract and retain talent and the availability of foreign highly-skilled personnel.
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Luxinnovation and Invest India join forces

19-11-2020

Luxinnovation signed a Memorandum of Understanding on18 November with Invest India, India's national investment promotion and facilitation agency. This partnership, which was signed in the context of the virtual bilateral summit between the Prime Minister of Luxembourg, H.E. Xavier Bettel and the Prime Minister of India, H.E. Narendra Modi, aims to increase inbound investment in India and Luxembourg.
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Luxembourg teams up with ESA to create a unique European Space Resources Innovation Centre

18-11-2020

Luxembourg just entered a strategic partnership with the European Space Agency (ESA) to create a European Space Resources Innovation Centre (ESRIC). Unique of its kind, ESRIC aims to become an internationally recognised centre of expertise for scientific, technical, business and economic aspects related to the use of space resources for human and robotic exploration, as well as for a future in-space economy.
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Luxembourg: A future testbed for a digital event solution?

16-11-2020

The COVID-19 pandemic has radically increased the use of digital and hybrid events, and the Luxembourg events industry is looking to develop new digital events solutions. Speaking at the 59th ICCA (International Congress and Convention Association) Congress, Luxinnovation’s CEO Sasha Baillie highlighted the advantages of Luxembourg as a testbed for an integrated, data-driven events solution.
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