News
Luxembourg to lead Europe's first Master's programme on HPC
28-10-2021
Luxembourg is home to one of the most powerful high performance computers (HPCs) in Europe. Its national university has now been selected to lead the design and implementation of the first pan-European pilot Master's programme on HPC.
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Luxembourg launches world's first space resources start-up support programme
26-10-2021
The space resources start-up support programme will support early-stage ventures and start-ups in the development of their technological value proposals and near-term sustainable business models.
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International rankings (3/4): Luxembourg gives excellent access to skilled staff
26-10-2021
What picture do international studies give of Luxembourg? The Luxembourg Trade & Invest team continues to compile information and sees a country where it is easy to hire and retain skilled, multilingual employees.
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LIST-NUXE research partnership for innovative natural cosmetic ingredient
21-10-2021
The Luxembourg Institute of Science and Technology (LIST) and Société de Recherche Cosmétique (SRC) have announced the launch of their first joint innovation project. Their cooperation is aimed at developing a new, innovative natural cosmetic ingredient to be used by French cosmetics producer NUXE Group.
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International rankings (2/4): International, innovative and competitive Luxembourg
19-10-2021
Luxembourg Trade & Invest continues to look at what international rankings say about Luxembourg when put together. Today, the focus is on internationalisation, innovation and competitiveness.
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The first local point of entry
11-10-2021
The Luxembourg Trade and Investment Office (LTIO) Abu Dhabi plays a key role as local coordinator and business contact during Luxembourg’s participation at Expo 2020 Dubai. Executive Director Loïc Bertoli speaks about Expo ambitions and business benefits.
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Luxembourg allocates largest R&D budget per person in the EU
08-10-2021
According to Eurostat, Luxembourg devoted the highest allocations to R&D in the EU with €648 per person in 2020.
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The city where skateboarding is not a crime
08-10-2021
"The city is a halfpipe," claims Visit Luxembourg and refers to the great skateboarding spots that can be found in the very city centre. A feature that attracts young, urban and open-minded people from across the world.
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A digital platform for manufacturing optimisation
06-10-2021
Helping industrial companies use data and artificial intelligence to optimise their operational processes: this is the mission of software development specialist Wizata. The young company benefits from the additional credibility provided by its Luxembourg location in its dealings with international customers.
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International rankings (1/4): The performance of Luxembourg
05-10-2021
International benchmarks provide snapshots of various aspects of Luxembourg’s economy, business climate and society. However, what picture do they paint when put together? The Luxembourg Trade & Invest team has made a deep dive into the rankings relayed over the past 12 months and starts by focusing on the economy.
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Luxembourg cost of living remains reasonable
28-09-2021
Luxembourg is in 63rd place on the latest edition of Mercer's ranking of the cost of living in over 200 cities across the world.
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Luxembourg connects start-ups and high performance computing
27-09-2021
The national high performance computing centre in Luxembourg tailors its “use & support” model to the individual needs of companies of all sizes and develops its ecosystem by participating in local start-up acceleration programmes like Fit 4 Start.
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Luxembourg supercomputer MeluXina the greenest in Europe
20-09-2021
Luxembourg’s high performance computer MeluXina has been ranked as the greenest supercomputer in the EU and the 4th greenest in the world. It also ranks 36th among the most powerful high performance computers in the world.
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5 digitalisation market trends that transform healthcare
16-09-2021
The coronavirus pandemic has put the healthcare sector centre stage and highlighted challenges as well as new opportunities. Luxinnovation has identified 5 market trends linked to the digitalisation of healthcare which are shaping the health ecosystems of tomorrow.
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Luxembourg a “strong innovator” in the EU
16-09-2021
Luxembourg ranks 7th in the EU and is in the category “strong innovators” in the 2021 edition of the European Innovation Scoreboard. The country stands out in particular for its attractive research system, human resources and intellectual assets.
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Launch of the new edition of Fit 4 Start, with a new HPC and data analytics track
14-09-2021
The Ministry of the Economy and Luxinnovation launch the 12th edition of Fit 4 Start, Luxembourg's acceleration programme. Start-ups active in ICT, healthtech and space are invited to apply until 4 October 2021. In addition, a special track focused on HPC and data analytics will allow up to five of the selected start-ups to benefit from a tailored program involving the Luxembourg national HPC MeluXina.
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Monaco opens data embassy in Luxembourg
14-09-2021
Monaco is the second country after Estonia to open a data embassy in Luxembourg. Sensitive data will be hosted in Luxembourg as a security measure against natural disasters and cyberattacks.
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Hydrogen innovation in Luxembourg
09-09-2021
There are a number of technological challenges to overcome before hydrogen can be deployed on a large scale in the mobility sector. Several Luxembourg organisations are developing innovative solutions.
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Space company Spire now on New York Stock Exchange
02-09-2021
Space data and analytics company Spire has started trading its shares on the New York Stock Exchange. The company, whose European headquarters are located in Luxembourg, aims at enhancing its ability to provide clients with more data faster.
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Rating agency Fitch awards Luxembourg finances AAA rating
31-08-2021
American credit rating agency Fitch has once again confirmed the AAA rating of Luxembourg with a stable outlook. The same rating is awarded by agencies Moody’s, Standard & Poor and DBRS Morningstar, which confirms once more the country’s good financial situation based on a balanced budgetary approach.
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Anisoprint moves 3D printer production to Luxembourg HQ
26-08-2021
Anisoprint recently moved the production of its pioneering 3D printers for composite materials to its headquarters in Luxembourg. Benefiting from the country’s central European location and advanced logistics hub, the company has just shipped the first batch of 3D printers made in Luxembourg to customers.
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Luxembourg is the world’s 12th most competitive economy
24-08-2021
Luxembourg ranks 12th in the 2021 edition of the IMD World Competitiveness Ranking of the world’s most competitive economies. The country gained three places compared to the previous year.
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5 reasons to choose Luxembourg as your European business hub
17-08-2021
The Luxembourg pavilion at Expo 2020 Dubai focuses on "Resourceful Luxembourg". In a guest blog written for the pavilion, Luxembourg Trade & Invest highlights 5 reasons why international companies should consider Luxembourg as a location for their European headquarters or offices.
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Luxembourg third most attractive city
10-08-2021
Luxembourg ranks 3rd in the 2021 Global 150 Cities Index, which identifies cities worldwide that have the ideal combination of high salaries, low taxes, reasonable costs and good quality of life.
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Moody’s confirms Luxembourg’s AAA rating
03-08-2021
Based on Luxembourg’s economic resilience, solid public finances and robust and transparent institutional framework, credit rating agency Moody’s has once again confirmed the country’s AAA rating. Luxembourg is one of the few countries in the world that receives this pledge of stability and confidence.
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Luxembourg among the top 10 financial centres in the world
30-07-2021
Luxembourg ranks 8th in the 2021 edition of the Global Financial Centres Index, which analyses the size and growth of financial markets in over 60 countries. When taking the wider business environment into account, Luxembourg comes 4th. It is also considered the most international of any financial centre.
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A walk to remember
21-07-2021
Hiking is one of the most popular activities in Luxembourg. 5,000 km of signposted trails criss-cross the country and take locals and tourists from the hills of the Ardennes in the north to the Red Rock region in the south.
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Luxembourg’s diplomatic network: At your service
20-07-2021
Through its network of embassies and consular offices, Luxembourg is represented in many countries and international organisations around the world. The diplomatic staff can help you when setting up a business or investing in Luxembourg and assist Luxembourg companies in their internationalisation efforts.
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Reaching the whole European market
15-07-2021
Several Korean companies, such as biotech Medical & Bio Decision (MBD) and AI specialist INFINIQ, have recently opened offices in Luxembourg. Crossroads Magazine asked Younhee Kim, Executive Director of LTIO Seoul, about what attracted them to Luxembourg.
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Innovative cold chain solutions
12-07-2021
Luxembourg-based healthtech company B Medical Systems specialises in vaccine cold chain solutions and medical refrigeration. With recent innovations making its vaccine freezers more flexible and resilient, the company is playing a key role in the fight against COVID-19. Its international client portfolio, head count and production facilities are all expanding rapidly.
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