News
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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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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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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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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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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T Rowe Price establishing its head office in Luxembourg
19-02-2018
T Rowe Price, the $1tn US asset manager, has begun pivoting its European business away from London and towards Luxembourg, as investment companies start to put their Brexit contingency plans into acti...
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Luxembourg agreed to cooperate with Russia on space resources
15-02-2018
Luxembourg and Russia will cooperate on scientific research on space technologies and mining.
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