News
Enjoy the wine festivals along Luxembourg’s scenic Moselle valley
04-10-2023
Wine festivals along the Luxembourg Moselle River are a popular and delightful way to experience the region's rich wine culture.
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Luxembourg’s population is one of the youngest in the entire EU
02-10-2023
According to the EU’s statistics agency Eurostat, the average age is under 40 surpassed only by Cyprus and Ireland.
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Serveto expands its European presence with new subsidiary in Luxembourg
28-09-2023
Earlier this year, Serveto incorporated a subsidiary in Luxembourg. With almost 70 years of expertise in providing versatile logistics solutions across Europe, it now also prides itself in being the first Spanish transporter to acquire and register trucks in the Grand Duchy.
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EU innovation performance continues to improve
26-09-2023
In the 2023 edition of the EU’s Innovation Scoreboard, Luxembourg maintains its position as a strong innovator performing above the EU average with a score of 117.2% and with a 1% improvement compared to 2022. The country is placed in the category of strong innovators.
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Luxembourg among the world's top 20 most liveable cities
25-09-2023
In the 2023 edition of the Global Liveability Index of the most liveable cities, Luxembourg came out 19th worldwide and 8th within the European cities cited.
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ESRIC Start-up Support Programme welcomes the five new ventures
19-09-2023
Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
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“Luxembourg exceeds my expectations”
12-09-2023
Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
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New law introduced in Luxembourg to facilitate the hiring of skilled labour
05-09-2023
The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
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"Supporting the development of the start-up ecosystem in Luxembourg"
24-08-2023
Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
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Inflation in Luxembourg continues to rank among the EU’s lowest
22-08-2023
Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
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Schueberfouer: Luxembourg’s biggest funfair and unique cultural experience
17-08-2023
Schueberfouer, the biggest funfair in Luxembourg and the surrounding Greater Region, attracts millions of visitors from near and distant corners of Europe and the world annually. The history of this spotlight event is as intriguing as its unique cultural offering in Europe.
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CO2 emissions drop by -12% in Luxembourg: second best record in the EU
03-08-2023
Eurostat’s latest estimates indicate that in 2022, the EU collectively achieved a 2.8% decrease in CO2 emissions from fossil fuel combustion compared to the previous year. Luxembourg recorded the second biggest reduction in CO2 emissions among EU countries.
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Luxembourg’s passport remains one of the best in the world
21-07-2023
According to the most recent global ranking by the Henley Passport Index, the Grand Duchy of Luxembourg's passport remains one of the world's strongest with easy access to 189 destinations worldwide.
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Understanding the market: the number 1 success factor
17-07-2023
What is the main key to success for mobility innovators targeting Europe? Luxembourg smart mobility expert Joost Ortjens and Daphna Brunshtein-Frucht from the Luxembourg Trade & Investment Office in Tel Aviv speak about the importance of understanding the complex European market and investing in having people on the ground who can work together with multiple customers and optimise technology products to meet clients’ real needs.
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“A future-oriented strategy”
11-07-2023
Japan’s ambassador Tadahiro Matsubara took up his appointment in Luxembourg in October 2022 and has already gained a good insight into the Grand Duchy’s economy and business environment. We had the privilege of speaking to him about what Luxembourg can offer Japanese companies and about his experience of interacting with the local ecosystem.
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Luxembourg: International, connected, open for business
10-07-2023
A great number of international start-ups, supported by the Luxembourg Trade & Invest network abroad, benefitted from tech event ICT Spring 2023 to explore Luxembourg as their springboard to Europe. We spoke to some of them about their first impressions of the Grand Duchy and how they envisage their future in Europe.
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Enjoy the Luxembourg summer by bike
10-07-2023
Biking is one of the most popular sports in Luxembourg and an excellent means for discovering the beautiful landscapes and hidden gems to be found all over the country. Between 29 July and 27 August 2023, 12 different “Vëlosummer” routes covering more than 500 kilometres in 58 towns and villages will be available for cyclists to explore the country in complete safety.
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Infinite Reality announces ground-breaking metaverse innovation at Luxembourg tech event
04-07-2023
On 29 June 2023, John Acunto, CEO of global metaverse entertainment and innovation leader Infinite Reality announced a pioneering solution that will be released in the next few weeks: a tool that enables anyone to create their own metaverse. The announcement was made at tech event ICT Spring in Luxembourg, where the company is creating its hub for growing business across Europe.
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Luxembourg startups capture the attention of foreign delegations
03-07-2023
Delegates from around 15 countries met on 28 June 2023 with Luxembourg startups, incubators, investors, research and business institutions ahead of the ICT Spring conference. They also got an insider's view of what makes the Grand Duchy so appealing to international companies.
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10 start-ups graduated from Fit 4 Start #13 and calls are now open for Fit 4 Start #14
30-06-2023
The Graduate Showcase 2023 of the Fit 4 Start programme highlighted 10 start-ups. The calls are now open for Fit 4 Start #14.
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Luxembourg 8th most attractive European country for foreign direct investment
19-06-2023
11% of investors rank Luxembourg as one of the top three countries in Europe that are most attractive for foreign direct investment according to the EY’s Luxembourg Attractiveness Survey 2023. While investment is primarily driven by the financial sector, the digital economy is expected to be a significant driver of growth.
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New capital injection into Luxembourg's Digital Tech Fund
16-06-2023
On 15 June 2023, Minister of the Economy Franz Fayot announced that the Luxembourg state is investing alongside a group of investors in the creation of a new compartment of the Digital Tech Fund. The aim is to continue responding to the funding needs of innovative companies in their start-up phase and further consolidate the development of the Luxembourg start-up ecosystem.
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Luxembourg has 2nd highest level of tertiary education in the EU
14-06-2023
The European Union has set the target that at least 45% of the population aged 25-34 years should have attained tertiary education by 2030. Luxembourg already significantly exceeds this target and currently ranks 2nd among the EU countries.
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Supporting innovations that help other companies grow
13-06-2023
Fabien Amoretti, a successful serial entrepreneur, is the brains behind well-known Luxembourg companies such as Farvest Group, Great Place to Work Luxembourg, and Datapunk – the company that runs Hubfinance, a connection platform for finance experts. The French-Luxembourgish entrepreneur believes that Luxembourg offers an ideal ecosystem for launching martech and fintech firms and is an ideal place for data storage.
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Join the Humanitarian Innovation Accelerator pitching session
06-06-2023
On 29 June 2023, Luxembourg will host the final pitching session of the Humanitarian Innovation Accelerator call for projects launched by the World Food Programme to promote innovative solutions responding to global humanitarian needs. Innovative entrepreneurs from 14 countries will present their solutions and pitch for support, mentorship and funding.
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Echternach hopping procession: intangible UNESCO heritage
01-06-2023
Anyone passing through the Luxembourg town of Echternach on Whit Tuesday might have seen a curious sight: thousands of people, mainly dressed in black and white, hopping through the town’s medieval streets to a polka melody. This tradition, whose roots go back to the 15th century, has been recognised as an Intangible World Cultural Heritage by UNESCO.
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Why choose Luxembourg for business? Discover our new video
31-05-2023
Have you ever considered benefitting from Luxembourg as the launch pad to the European market for your international company? Join us in our innovative virtual studio to discover why you should!
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Webasto invests in new production line in Luxembourg
26-05-2023
Automotive supplier Webasto has been present in Luxembourg since summer 2022 and is turning the facility here into its global centre of competence for smart glazing. The company is now investing in a new Luxembourg-based production line for high-tech glass. The ground-breaking ceremony was held on 24 May 2023.
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