News
Luxembourg in top 15 countries for expats
12-09-2017
Luxembourg is among the top 15 countries for expats, according to an annual poll released by a global expat networking group. The ranking of 65 destinations is based on how these countries were rated ...
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Luxembourg in top 3 EU financial centres
12-09-2017
Luxembourg is one of the leading financial centres in the EU, together with London and Frankfurt. This was confirmed once again by the latest Global Financial Centres Index (GFCI 22). Climbing by four...
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Luxembourg and Sweden to Work Closer on Environmental Policies
11-09-2017
Between 5 and 7 September 2017, Luxembourg’s Minister for the Environment, Carole Dieschbourg, paid a working visit to Sweden; while there, along with Ambassador Janine Finck and a delegation of...
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CSC opens Luxembourg office amid European expansion
11-09-2017
US business services provider CSC has opened a Luxembourg office as it launches a new capital markets business in Europe.
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Eversheds Sutherland opens Luxembourg office
11-09-2017
International corporate law firm Eversheds Sutherland has opened an office in Luxembourg as part of the firm's long-term vision that foresees the building of a strategic global platform.
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TOKIO MARINE MOVES ITS EU BASE TO LUXEMBOURG
06-09-2017
Tokio Marine announced that it will establish its new European subsidiary in Luxembourg following the UK’s decision to leave the European Union. Tokio Marine is aiming to have the new insurance compan...
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PingPong: first Chinese FinTech group to receive a payment institution licence in Luxembourg
04-09-2017
FinTech PingPong, specialised in cross-border e-commerce payments have established their European offices in Luxembourg.
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Luxembourg highest education spending in EU
31-08-2017
In 2015, Luxembourg spent an average of €4,635 per inhabitant on education, according to the latest figures from the European Union statistics agency Eurostat.
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Luxembourg supports China's Belt and Road Initiative
31-08-2017
Luxembourg's Prime Minister Xavier Bettel is in favour of China's Belt and Road Initiative (BRI), a comprehensive trade proposal that aims to create the world's largest economic platform.
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Three new international schools to open in 2018
28-08-2017
Three new international schools are set to open next year, offering pupils the European Baccalaureate in three language sections. The schools will be introduced in Junglinster, Mondorf and Clervaux an...
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Luxembourg, Hong Kong and Sydney professors join forces on FinTech
28-08-2017
Three law professors from the University of Luxembourg, the University of Hong Kong (China) and UNSW Sydney (Australia) have joined forces to cooperate in researching the law and regulation of financial technology (FinTech).
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Young Luxembourg Scientist Wins Third Place in International Competition in China
24-08-2017
A young Luxembourgish scientist has won third prize at the international competition CASTIC (China Adolescents' Science and Technology Innovation Contest).
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A Luxembourgish CEO for McCain Foods
24-08-2017
Max Koune will enter the close circle of Luxembourgish CEOs who manage a large company abroad. The board of directors of Canadian food giant, McCain Foods, has unanimously appointed Luxembourger, Max Koeune, as president and CEO of the group from November onwards.
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Dual hub for logistics in Luxembourg and Zhenzhou
21-08-2017
Cargolux has signed new agreements with Chinese partners Henan Province Airport Group Co., Ltd. (HAG) and Henan Civil Aviation Development and Investment Company Ltd. (HNCA).
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OLAmobile Acquires IconPeak for USD 10M
14-08-2017
Antoine Moreau, CEO of OLAmobile: “With IconPeak and BidderPlace we acquire two of the fastest growing performance-based advertising networks in Europe. The growth trajectory of both companies has bee...
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2030 Agenda for sustainable development
14-08-2017
In July, Luxembourg presented the contents of its 2030 Agenda in New York, at the United Nations conference on the 17 sustainable development goals.
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EVERBRIGHT BANK: 7TH CHINESE BANK TO CHOOSE LUXEMBOURG
07-08-2017
China Everbright Bank (CEB) has received approval to set up its subsidiary in Luxembourg. This strategic move will strenghten CEB’s operations in Europe and confirms Luxembourg’s position as the main gateway for Chinese banks into the European market.
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Payconiq joins forces with Luxembourg-based Digicash
07-08-2017
Payconiq announces today that it will expand its footprint to the Grand-Duchy of Luxembourg by joining forces with Digicash Payments SA, the company behind Luxembourg’s mobile payments product Digicash.
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LUXEMBOURG BIDS TO HOST THE EUROPEAN BANKING AUTHORITY
31-07-2017
The Luxembourg government has officially submitted its bid to host the European Banking Authority (EBA). Thus Luxembourg follows a call for offers by the European Council published in June. A European...
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Luxembourg's economic performance very strong
31-07-2017
Luxembourg is an advanced economy with the highest per capita income in the OECD, reflecting the dynamic services sector, notably in banking and other financial services. Foreign investment is attract...
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Fit 4 Start autumn 2017 edition: apply now!
28-07-2017
Are you determined to succeed with your ICT start-up? Fit 4 Start offers intensive coaching, attractive pre-seed capital and access to the best networks.
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Luxembourg and Kleos Space sign a MoU to co-operate within the SpaceResources.lu initiative
24-07-2017
The Luxembourg Government and Luxembourg-based Kleos Space SARL signed a Memorandum of Understanding (MoU) providing the framework for their cooperation within the SpaceResources.lu initiative with focus on space technology development.
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The Luxembourg insurance sector is booming
21-07-2017
In 2016 the national insurance sector had a record year, increasing its net profit after tax to €1,808 billion, a considerable rise of 45.7% compared to the previous financial year.
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Mangrove Capital Partners raised a $170 million fund to invest in European startups
21-07-2017
The Luxembourg-based Venture Capital firm Mangrove Capital Partners launches fund to support European startups
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Northern Trust announces creation of EU bank in Luxembourg
20-07-2017
Northern Trust will create an EU-banking presence in Luxembourg, further establishing its commitment to the region. It has appointed David Wicks as head of continental Europe. Northern Trust offers a ...
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The state of Luxembourg's population.
19-07-2017
On 1st January 2017, Luxembourg had 590,667 inhabitants, 48% of whom were non-Luxembourgers. Compared to the previous year, the population increased by 11,159 people.
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Propelling start-ups to realise their full potential
18-07-2017
The fifth edition of Fit 4 Start, Luxinnovation’s acceleration programme for early-stage ICT start-ups, will commence in October. Interested entrepreneurs can submit their applications up until August 28. Programme Manager Antoine Hron and Laurence Hulin, Advisor Start-Up Support at Luxinnovation, outline how the initiative contributes to the success of young innovative companies.
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Luxembourg ranked excellent in terms of its overall market openness
17-07-2017
After Singapore and Hong Kong, Luxembourg positioned 3rd worldwide in ICC Open Market Index with a OMI Score of 5.02. Only three economies, Singapore, Hong Kong SAR, and Luxembourg, ranked excellent in terms of their overall market openness.
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FIRST DIGITAL TECH FUND RECIPIENTS ANNOUNCED
14-07-2017
Two startups were presented €500,000 euros each for the first investment by the Digital Tech Fund on 10 July during a press conference at the Ministry of the Economy.
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Luxembourg, a great place for startups
14-07-2017
Startups are a vital driver for the development of a country’s economy, the creation of new jobs and the promotion of innovation. According to a report by the Idea Foundation, the number of new ...
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