News
Luxembourg ranked 2nd worldwide in the latest 2018 Innovation efficiency ratio
12-07-2018
The major Global Innovation Index strengths of Luxembourg are the Innovation Efficiency Ratio, where the country ranks 2nd in the world, and the Innovation Output Sub-index, positioning Luxembourg 4th globally.
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ICT and health tech start-ups: Apply now for Fit 4 Start
09-07-2018
Are you launching a start-up and determined to succeed? Luxembourg’s acceleration programme Fit 4 Start offers you intensive coaching, attractive pre-seed funding and access to key networks. The next edition will accept 10 start-ups in the field of ICT and another 5 specialising in health technologies.
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CarPay-Diem mobile payment solution spotted by Volkswagen
06-07-2018
Created two years ago, Luxembourg start-up CarPay-Diem offers a mobile payment solution for the (many) motorists who refuel at petrol stations. The company was discovered by the German group Volkswagen during the last Cebit trade fair in Hanover, and has, as a result, been offered a six-month stay at Die Gläserne Manufaktur, the group’s innovation incubator based in Dresden.
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Luxembourg industry investments create dynamic job market
06-07-2018
Numerous industrial groups in Luxembourg are currently investing in future-oriented technologies and smart factories. As a result, the national job market abounds with interesting opportunities for scientists and engineers as well as for skilled technicians and machine operators.
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Luxembourg offers 5th best purchasing power in the world
26-06-2018
Luxembourg City ranks in 5th place in a recent study of global purchasing power. This is in particular due to high earning levels.
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EU Innovation Scoreboard 2018: Luxembourg is innovation leader
25-06-2018
Luxembourg is, for the first time, listed among the six "Innovation leaders" in this year's edition of the European Innovation Scoreboard. The country's strongest innovation factors are its attractive research system and its intellectual assets.
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Luxembourg to host European HPC headquarters
25-06-2018
Luxembourg will host EuroHPC, the joint structure for the European project of strategic interest on high performance computing (HPC). This was definitely decided by the European Commission on 25 June 2018.
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Working and living in Luxembourg
22-06-2018
Luxembourg for Finance portrayed the life of 9 expat professionals of the Finance sector that came to work in Luxembourg.
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Luxembourg the second most resilient economy in the world
19-06-2018
Luxembourg ranks second place in a recent study of the world’s most resilient economies. The country scores highly for its economic productivity, political stability, low corruption levels and low exposure to natural hazards.
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Luxembourg offers best work/life balance in the world
19-06-2018
Luxembourg comes out on top in a recent study of cities in the world that offer employees the best working conditions. The average salary, working hours and paid vacation days puts Luxembourg on top of a list dominated by European cities.
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Automotive sector going digital
11-06-2018
“Mobility is at a historical turning point,” said Deputy Prime Minister and Minister of the Economy Etienne Schneider in his opening address and referred to disruptive innovations such as autonomous d...
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DuPont invests $400 million in its Luxembourg facility
06-06-2018
WILMINGTON, Del., June 4, 2018 – DuPont Safety & Construction, a business unit of DowDuPont Specialty Products Division, today announced plans to invest more than $400 million to expand capacity f...
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5 Luxembourg AI start-ups on a trip to the US
04-06-2018
Selected by Luxinnovation together with the LHoFT, Paul Wurth Incub, Lux Future Lab, Technoport and Nyuko, five Luxembourg start-ups will have the chance to embark on a trip to the US. An intense schedule full of training, business meetings and networking events is awaiting Algoreg, Travelsify, Yokato, Tetrao and Nomoko.
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Luxembourg the world’s 11th most competitive economy
29-05-2018
The ranking, which is established by IMD World Competitiveness Center, is based on 260 different indicators grouped together in four main categories: economic performance government efficiency busines...
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Luxembourg and France: Natural partners
25-05-2018
France and Luxembourg share 73 km of borders but are much more than just geographical neighbours. Mrs Martine Schommer, the Luxembourg ambassador in France, underlined this in her welcome address. “Al...
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Minister of the Economy meets with key US companies in Luxembourg
22-05-2018
On 14 May 2018, Étienne Schneider met the senior management of the Guardian group, which has a strong presence in Luxembourg due to its two float glass production units in Bascharage and in Dudelange ...
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Luxembourg in the top 5 of digital economies
22-05-2018
DESI is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States in digital competitiveness. The DESI report tracks the progre...
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Best year in history for Cargolux Group
18-05-2018
Market demand remained high throughout 2017 resulting in the airline generating a record 131,212 block hours, a 7% increase compared to the previous year. Accordingly aircraft utilization remained hig...
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Connecting international start-ups with Luxembourg business
17-05-2018
“We are ready to expand our business in Europe, and Luxembourg is right at the centre. That is why I’m here,” says Sera Kwak, engineer at Korean company MINDs Lab. “We offer an artificial intelligence...
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A SWOT Analysis of the $100B Regtech Market
09-05-2018
The rise of ‘Fintech’ has not only encouraged the evolution of financial services, but also innovative new ways to understand, test and prove compliance. We analyse the Regtech market with...
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Docler Holding, from a garage to the whole world
07-05-2018
“Innovation is a crucial aspect in our developments, and it is also what drives us,” explains Marton Fülöp, Chief Operating Officer at Docler Holding Luxembourg. “It is the driving f...
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Carlex invests €25 million in Luxembourg
07-05-2018
Grevenmacher is a comprehensive fabrication facility capable of making standard and advanced automotive glazing products including new lightweight glass roof systems. The plant is located in Western E...
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A Luxembourg partnership for Industry 4.0
07-05-2018
“Having semi-automatic or fully automatic assembly lines has always been part of our business model,” says Paul Elvinger, Member of the Executive Board at Cebi. “We want to go further and take advanta...
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LUXEMBOURG BECOMES FIRST FOREIGN NATION TO BREAK GROUND FOR ITS PAVILION AT EXPO 2020 DUBAI
03-05-2018
Luxembourg and Expo 2020 Dubai held a ground breaking ceremony on 28 April 2018 in Dubai. HE Deputy Prime minister and Minister of the Economy Etienne Schneider was accompanied by HE Commissioner General of Luxembourg Maggy Nagel and HE the Ambassador of Luxembourg to the UAE Elisabeth Cardoso for the breaking ground ceremony on the Luxembourg plot at the Expo 2020 Dubai. HE Najeeb Mohammed Al-Ali, Executive Director, Dubai Expo 2020 Bureau, was also in attendance.
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Luxembourg’s IP Box is open!
30-04-2018
The Law of April 17, 2018 therefore lays down a new framework of tax incentives for research and development activities aimed at consolidating a competitive framework for innovation in Luxembourg. Acc...
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A brownfield reconverted into a temple of knowledge In Luxembourg
06-04-2018
On April 3, 2018, Le Monde (France) published a very insightful article written by author Jessica Gourdon (special correspondent in Esch-sur-Alzette, Luxembourg) on Luxembourg’s University, its direct...
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The economic diversification of Luxembourg
06-04-2018
DBRS views the ongoing diversification of Luxembourg’s small economy as favourable. Luxembourg remains both highly resilient
and attractive as an investment destination, supported by its highly skilled workforce, competitive tax and legal frameworks
and political stability.
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Cargolux adds Narita Tokyo to its network
04-04-2018
Cargolux inaugurated a new weekly flight from Luxembourg Airport, to Narita International Airport in Japan in the scope of a cooperation agreement with Nippon Cargo Airlines (NCA) for code-share cargo...
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170 years of media in Luxembourg
29-03-2018
On 23 March 2018, the Luxembourg daily “Luxemburger Wort” celebrated the 170th anniversary of the publication of its very first issue, in 1848. It is by far, the oldest newspaper in the country and it...
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