News
Combining technology and insurance for a better life
28-04-2020
A graduate of Luxembourg’s start-up acceleration programme Fit 4 Start, OKO combines satellite data and mobile phone technology to provide affordable and accessible crop insurance to farmers in Africa. An innovative business model that promotes both climate resilience and financial inclusion.
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From spin-off to technology platform: the MPG story
22-04-2020
Take a completely unique molecular plasma technology and combine it with a visionary team. Place them in a nurturing national ecosystem, and you have the main ingredients of the success story of Molecular Plasma Group. The Luxembourg start-up is about to make a major international breakthrough.
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COVID-19: Luxembourg grants access to the SATMED platform free of charge
21-04-2020
Luxembourg has made access to its SATMED eHealth platform free of charge for selected health organizations as part of its response to the COVID-19 pandemic. SATMED is a software-as-a-service platform to enable healthcare providers make better use of IT and mobile health solutions specifically in remote and underdeveloped areas.
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Practical advice to prepare for the end of confinement
21-04-2020
In this difficult time, the entire International Affairs team of the Luxembourg Chamber of Commerce is here to help you with your internationalisation projects.
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Luxembourg 2nd leading green finance centre in the world
20-04-2020
The Global Green Finance Index places Luxembourg in 2nd place worldwide for the depth of its green finance. In terms of quality of green finance, the country ranks 6th in the world.
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COVID-19 crisis: Luxembourg remains a committed start-up nation
16-04-2020
Luxembourg’s commitment as a start-up nation stands firm, also during the coronavirus pandemic. A number of initiatives are being launched to help start-ups continue their activity and use their innovation capacities to help alleviate and overcome the health and economic crisis.
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Luxembourg 18th most competitive financial centre in the world
16-04-2020
The March 2020 edition of The Global Financial Centres Index ranks the country 18th in the world and 7th in Western Europe. In the global ranking, the country progresses by seven places compared to the previous year. Luxembourg is considered as the world leader in the field of insurance.
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Luxembourg maintains AAA credit ranking
14-04-2020
Moody’s has confirmed Luxembourg’s AAA first-class rating, in spite of the hit that the economy is expected to take due to the lockdown imposed by the COVID-19 pandemic.
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Cleantech Forum Europe: new format, old and new dates
06-04-2020
Due to the outbreak of the COVID-19 pandemic, the format of the 2020 Cleantech Forum Europe had to be modified. A virtual programme will be offered on the original event dates, 18-20 May, and will be followed by a first-ever end-of-the-year festive Cleantech Forum in Luxembourg on 7-9 December.
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Luxembourg start-up Doctena offers remote medical consultation solution
06-04-2020
In view of the urgent need to restrict face-to-face meetings as much as possible due to the COVID-19 pandemic, the Luxembourg government is allowing remote medical consultations during the time of the crisis. Reacting quickly, Luxembourg start-up Doctena has added a video conference module to its leading online platform for booking medical appointments.
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Luxembourg lab develops COVID-19 test kit
05-04-2020
Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype
01-04-2020
Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels
01-04-2020
Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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Luxembourg Trade & Investment Offices remain open
27-03-2020
Despite the restrictive measures put in place in a high number of countries across the world to combat the COVID-19 pandemic, all Luxembourg Trade & Investment Offices remain open to companies interested in finding out more about doing business in and with Luxembourg.
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Luxembourg launches unprecedented economic stabilisation programme
27-03-2020
In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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DuPont ramping up production of Tyvek hazmat suits for health care workers
26-03-2020
DuPont is ramping up its Tyvek production to meet demand for protective coverings for health care workers. Tyvek is only produced at its 2 factories in Luxembourg and Chesterfield (VA).
DuPont has ...
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Covid19 and the economy - Luxembourg's stabilization package
25-03-2020
The Luxembourg Government’s ambitious stabilization package for the national economy is set to mobilize €8.8 billion, equivalent to 14% of Luxembourg’s GDP.
The stabilization package bui...
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Financial institutions team up to develop FundsDLT, a groundbreaking blockchain-based platform for the investment fund industry
25-03-2020
Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, and Natixis Investment Managers have announced a Series A investment in FundsDLT to develop a novel decentralised technolo...
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Fit 4 Start - Edition #10 postponed
20-03-2020
Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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New Covid19 regulation on board and shareholder meetings
20-03-2020
A Grand-Ducal Regulation of 20 March 2020 introduces the possibility to hold shareholder meetings by remote vote, by proxy or by videoconference. Moreover, boards (and other corporate bodies) may be h...
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Doctena.lu launches its online medical consultation
19-03-2020
The medical scheduling app and website is launching remote video consultation. After having digitalized the medical booking process in Luxembourg, Doctena now also offers doctors and patients to enabl...
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Applications open for Frontier Development Lab
18-03-2020
The Frontier Development Lab (FDL) is an applied artificial intelligence research initiative that pairs researchers from the space sciences with data scientists for an intense 8-week concentrated stud...
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A brand for an innovative ecosystem
11-03-2020
To cement its position as an attractive location for start-ups, Luxembourg relies on easy access to support, major international players and public authorities and administrations. At the same time, the country is a clear gateway to the European market.
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No graduation ceremony for Fit 4 Start, but the pitches are maintained
10-03-2020
Due to the risks linked to the spread of COVID-19, Luxinnovation has decided to cancel the Fit 4 Start Pitching & Graduation Day which should have been held on 26 March 2020 at Kinepolis in Luxembourg-Kirchberg.
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A multitude of challenges
09-03-2020
Funding is often seen as the key to unlock a start-up’s ability to expand but it takes more than that. Fit 4 Start, Luxembourg’s acceleration programme managed by Luxinnovation, offers high-quality coaching to put start-ups with high potential on the road to success.
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Luxembourg becomes first country with free public transport
03-03-2020
If you have to go from one business meeting to another or from the airport to your hotel, there is no need to worry about where to buy your ticket or how much you need to pay. On 1 March 2020, Luxembourg became the first country in the world to make all public transport free of charge.
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Franz Fayot new Minister of the Economy
21-02-2020
Luxembourg has a new Minister of the Economy: Franz Fayot, who replaces Étienne Schneider. In addition to heading the Ministry of the Economy, Mr Fayot is also in charge of Development Cooperation and Humanitarian Affairs.
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