News
Luxembourg world’s 5th most global economy
02-03-2022
The 2021 KOF Globalisation Index lists Luxembourg as the 5th most global economy in the world. It also puts the country 1st in the world for social globalisation.
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University of Luxembourg launches Finnovation Hub
28-02-2022
The Finnovation hub will develop groundbreaking technologies needed for Luxembourg’s financial institutions to succeed with their digital transformation.
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Luxembourg participates in “Scale-up Europe”
23-02-2022
The Scale-up Europe initiative is aimed at facilitating the access to financing for European companies in their growth phase. Luxembourg is one of 15 EU member states that support the initiative.
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Luxembourg City wins 2022 Access City Award
21-02-2022
The award, organised by the European Commission together with the European Disability Forum, highlights Luxembourg City’s achievements in becoming more accessible to persons with disabilities.
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Luxembourg: Strong public finances, AAA rating reconfirmed
16-02-2022
After two years of the global pandemic, the economic situation in Luxembourg remains favourable. The country enjoyed an economic growth of 7% in 2021, tax revenues increased by 16.3% in 2021 and the AAA rating of the economy has just been reconfirmed by three of the leading credit rating agencies.
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Fanuc Europe invests in its Luxembourg logistics centre
15-02-2022
Factory automation world leader Fanuc Corporation acquires the logistics warehouse in the Eurohub Centre logistics park that it has been renting since 2021. Its Luxembourg-based European HQ is also implementing an innovation project supported by the government.
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Digitalisation ministry and Uni to accelerate digital transformation
09-02-2022
The Luxembourg Ministry for Digitalisation will benefit from the expertise of the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to enhance the digital transformation of public administration and the digitalisation of administrative procedures. The first collaborative project will focus on digital identities.
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CYBAVO: Growing across Europe from Luxembourg
07-02-2022
Taiwanese cryptocurrency security start-up CYBAVO has chosen Luxembourg as the location from which to service digital asset customers across Europe. General Manager EMEA Roberto Machado speaks about the reasons for coming to Luxembourg, the company’s participation in the Fit 4 Start acceleration programme and the support it has received to get its European branch off to a good start.
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New director nominated for space resources innovation centre
02-02-2022
Dr Kathryn Hadler, an internationally renowned scientist in mineral processing and beneficiation, has been appointed Director of the Luxembourg-based European Space Resources Innovation Centre (ESRIC) as of 1 April 2022. She will build a world-leading research team working on solutions for the sustainable and responsible use of space resources.
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Supporting industry 4.0: Luxrobotic - Zeltic Group
01-02-2022
Companies that are conducting their digital transformation in Luxembourg has access to a wide range of service providers specialised in different aspects of industry 4.0. Discover a snapshot of automation specialist Luxrobotic.
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Fit 4 Start celebrates its graduates and welcomes new participants
31-01-2022
The 12 start-ups that successfully graduated from the 11th edition of acceleration programme Fit 4 Start were celebrated on 27 January 2022. The online Fit 4 Start Day also provided an opportunity to discover the 20 start-ups selected for edition #12 as well as the programme's new HPC track.
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Supporting industry 4.0: Wizata
28-01-2022
A range of companies specialised in digital transformation are available in Luxembourg. Meet digital platform specialist Wizata.
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Supporting industry 4.0: Virtual Rangers
28-01-2022
Companies that are implementing industry 4.0 in Luxembourg have access to a wide range of service providers specialised in digital transformation. Read about virtual experience specialist Virtual Rangers.
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Supporting industry 4.0: Artec 3D
25-01-2022
Luxembourg is home to a wide range of service providers specialised in different aspects of industry 4.0. Discover a snapshot of 3D scanner specialist Artec 3D.
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Digitalising for sustainability
19-01-2022
Hard material solutions specialist Ceratizit is in the process of implementing an ambitious industry 4.0 approach with sustainability and improved efficiency at its very centre.
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Digitalisation: A global approach
17-01-2022
Technical insulation and engineered foam manufacturer Armacell has over 3,000 employees and manufacturing sites across the world. The company uses its Luxembourg HQ as the base for a digitalisation project, the outcomes of which will be implemented globally.
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A global approach for boosting operational efficiency
13-01-2022
The strong infrastructure, skills and research partners makes Luxembourg an interesting location for industrial digital transformation projects. Cebi drives its global industry 4.0 processes from its headquarters located here.
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Luxembourg remains 3rd in World Talent Ranking
12-01-2022
For the second consecutive year, the 2021 IMD World Talent Ranking places Luxembourg 3rd in the world for its ability to develop, attract and retain the talent needed for its economy to stay competitive.
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Circular by Design Challenge: 12 projects selected
11-01-2022
Following an online pitching session on 6 January, the jury of the Circular by Design Challenge has given its verdict. 12 projects will participate in the second edition of this support programme initiated by the Luxembourg Creative Industries Cluster of Luxinnovation with the support of the Ministry of the Economy, which targets creatives with sustainable and circular ideas.
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Supporting the national economy, trade and invest
10-01-2022
Luxembourg's diplomatic and consular network is present in over 70 countries across the world. The Ministry of Foreign and European Affairs provides an overview of the network and how it supports the national economy, trade activities on global markets and investment opportunities for international companies.
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Space resources start-up support programme launches first call for applications
07-01-2022
The ESRIC start-up support programme is the world's first accelerator and support scheme dedicated to space resources. It is open to start-ups worldwide, and interested candidates are invited to submit their applications by 23 January 2022.
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MIDAS: A Luxembourg soft mobility innovation centre
04-01-2022
The Luxembourg branch of car repair and maintenance brand MIDAS is the group’s soft mobility innovation centre, providing services to a range of environmentally friendly vehicles. Driven by a strong commitment to sustainability, the founder counts on Luxinnovation support for future innovation.
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On the road to smart manufacturing
04-01-2022
Several large industrial groups have chosen their Luxembourg sites to pilot the digital transformation of their production. The country is mobilising resources in order to generalise their success.
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NorthStar Earth & Space establishes European HQ in Luxembourg
20-12-2021
The Canadian company will use Luxembourg as its base for further developing its sustainable space activities. The Luxembourg Future Fund will be co-investing in the company's latest funding round.
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Fit 4 Start acceleration programme: 20 startups selected
16-12-2021
The 20 startups selected for Fit 4 Start #12 were chosen from a total of 214 applications coming from 42 countries. For this 12th edition, an additional category, focused on HPC and data analytics, has been added to the 3 traditional verticals ICT, healthtech and space.
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Circuit Foil: Moving the boundaries
16-12-2021
Luxembourg is home to Circuit Foil, one of only two copper foil manufacturers in Europe. With a strong focus on R&D, the company plays a leading role in developing next generation copper foil for applications of the future.
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"A fantastic place to live"
13-12-2021
Head of PwC Luxembourg, which is the largest professional services firm in Luxembourg with over 2,900 people employed from 82 different countries, John Parkhouse arrived in Luxembourg in the 1990s. "I came here for two years and like many others, ended up never leaving," he explains.
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“Investing in Luxembourg by choice”
06-12-2021
Since 1 August 2021, Patrick Nickels heads the Directorate General for Foreign Trade and Investment Promotion at Luxembourg’s Ministry of the Economy. Crossroads newsletter spoke to him about his priorities and why international companies choose to invest in Luxembourg.
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