News
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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Art2Cure in New York
24-05-2018
Art2Cure - an art fundraiser featuring artists from NYC and Luxembourg to support Parkinson’s disease research - ventured out of Luxembourg for the first time. By creating a high-quality art show in one of the most prestigious galleries in NYC that aims to feature talented artists and also to support biomedical research, Art2Cure reached out to both art collectors and to those who care about the cause.
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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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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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Luxembourg and France: more than just neighbours
29-03-2018
Luxembourg and France are absolutely ‘more than neighbours’ following the successful state visit and economic mission that brought the two countries closer together with ties in double tax...
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Many challenges for the new rector of the University
29-03-2018
Mr Pallage, after only a few weeks in Luxembourg in your new position, can you please give us an idea of your first general impressions? I sense a lot of enthusiasm and effervescence at the University...
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Luxembourg ranks 9th worldwide in liveability index 2018 for European expats
29-03-2018
In a recent study realized by ECA International, Luxembourg was ranked 9th in the cities that offer Europeans better quality of life. The studies was made considering various elements such as: Air pol...
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Luxembourg ranks as the 2nd green finance centre in the world
29-03-2018
Financial services are an essential component of a sustainable economy, which meets the needs of stakeholders, enhances quality of life, protects the environment and addresses global issues such as cl...
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Luxembourg capital named 2nd 'least stressful' city in world
29-03-2018
Luxembourg’s capital ranked second overall in Zipjet’s 2017 global ranking for the least and most stressful cities. The survey compiled data on 150 cities across the world and placed Luxem...
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Agricultural Development Bank of China chooses Luxembourg in pioneering green bond move
13-03-2018
For the first time ever, a Chinese green bond is registered and displayed on an international exchange. The aim of the agreement between ADBC and the Luxembourg Stock Exchange is to bridge the Chinese interbank market with international investors and facilitate the acquisition of ADBC domestic green bonds by investors located outside China.
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Luxembourg composite solutions presented at JEC World 2018
13-03-2018
JEC World in Paris is the only trade show that unites the global composite industry: a testament to the industry’s commitment to an international platform where users can find a full spectrum of proce...
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Fit4Start Results: Three graduates and ten new hopefuls ready for the challenge!
13-03-2018
On March 12, 2018 at the Kinepolis, Kirchberg in Luxembourg, Luxinnovation announced the Autumn 2017 Graduates from the Fit 4 Start programme – Ume solutions, VanHack and SEE MORE. Following ten hours...
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A law designed to encourage business innovation
01-03-2018
The law of 17th May 2017 relating to the promotion of research, development and innovation – a tool aimed at all types of businesses looking to innovate – came into force nearly nine months ago. The Ministry of the Economy and the Chamber of Commerce organised an event with the aim of presenting a detailed insight into the intricacies of this new law, one of the main objectives of which is to encourage businesses to actively support their R&D and innovation projects.
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Payconiq/Digicash – payment at your fingertips
01-03-2018
Simplicity and security are the two keywords that the designers behind mobile payment solution Digicash have always focused on. The company, which was founded in 2012 after two years in the making, has conquered the national market with an innovative technology.
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Technoport Awarded At World Incubation Summit 2018
26-02-2018
Diego De Biasio, CEO of Technoport, is stoked about their most recent award. Luxembourg’s technology-oriented incubator has been recognized as “Europe Top Challenger” in Toronto at the World Incubation Summit.
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Benelux strengthens collaboration in blockchain
26-02-2018
B-Hive, the Luxembourg House of Financial Technology and the Dutch Blockchain Coalition signed a Memorandum of Understanding that will allow them to leverage their significant collaboration potential for mutual benefit around the topic of blockchain.
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International Award for Technoport
26-02-2018
During the World Incubation Summit 2018, held in Toronto on 22. and 23. February, Technoport was awarded by UBI Global (the organizer of the event) in the category “Europe Top Challenger”....
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25 most promising cleantech start-ups set to make business more sustainable
22-02-2018
The best of the next generation clean technology and business innovations from the Nordics and Baltics have been selected by the international jury of Nordic Cleantech Open which in included Georges S...
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