News
Luxembourg 7th most resilient economy in the world
28-05-2020
The ability of a country's business environment to withstand disruption and recover strongly is crucial for the individual companies that operate there. Luxembourg ranks as the 7th most resilient economy in the world, in particular due to its strong economy.
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University of Luxembourg develops COVID-19 exit strategy simulator
26-05-2020
Experts at the University of Luxembourg have developed an online tool to simulate the impact of COVID-19 exit strategies. This unique project offers a method for modelling the impact of different measures on the spread of the disease in almost 100 countries around the world.
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COVID-19: The impact on clean technologies
22-05-2020
Will the effects of the COVID-19 pandemic stimulate cleantech innovation and the uptake of environmentally friendly technologies, or will it bring cleantech investment to a standstill? This question was debated at the Cleantech Interactive session organised on 19-20 May 2020 in collaboration with Luxembourg partners.
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15 innovative start-up projects to combat COVID-19
15-05-2020
15 Luxembourg start-ups will receive €150,000 each to develop innovative solutions aimed at combatting the effects of the COVID-19 pandemic crisis.
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Coronavirus bailouts: Luxembourg among the most generous
12-05-2020
Many countries have launched rescue packages to help alleviate the economic consequences of the coronavirus-related lockdown. A recent article by the BBC lists Luxembourg's economic stabilisation programme as one of the most important in the world.
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Luxembourg residents on living in the European Union
11-05-2020
On the occasion of the Europe Day 2020 - 9 May - Luxembourg residents give their take on what living in the EU means to them. A brief video entitled "Europe - Different Together" summarises the views of native Luxembourgers and international residents.
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Cleantech Forum goes interactive
04-05-2020
This year’s edition of the Cleantech Forum Europe, to be hosted in Luxembourg, has been postponed to 7-9 December 2020. Until then, a series of monthly online events will explore ideas and innovations that will help us accelerate the transition to a cleaner world. The first one, “Innovating for Resilience”, will be held on 19-20 May. Luxembourg remains a key partner.
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Public-private research partnerships to combat COVID-19
29-04-2020
Shortly after the outbreak of the pandemic, the Luxembourg National Research Fund (FNR) launched a call for research projects addressing the current and future challenges of COVID-19. The call is now open to public-private partnerships, thus making it possible for Luxembourg-based enterprises and research organisations to join forces in order to combat the disease.
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Combining technology and insurance for a better life
28-04-2020
A graduate of Luxembourg’s start-up acceleration programme Fit 4 Start, OKO combines satellite data and mobile phone technology to provide affordable and accessible crop insurance to farmers in Africa. An innovative business model that promotes both climate resilience and financial inclusion.
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From spin-off to technology platform: the MPG story
22-04-2020
Take a completely unique molecular plasma technology and combine it with a visionary team. Place them in a nurturing national ecosystem, and you have the main ingredients of the success story of Molecular Plasma Group. The Luxembourg start-up is about to make a major international breakthrough.
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Practical advice to prepare for the end of confinement
21-04-2020
In this difficult time, the entire International Affairs team of the Luxembourg Chamber of Commerce is here to help you with your internationalisation projects.
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Luxembourg 2nd leading green finance centre in the world
20-04-2020
The Global Green Finance Index places Luxembourg in 2nd place worldwide for the depth of its green finance. In terms of quality of green finance, the country ranks 6th in the world.
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COVID-19 crisis: Luxembourg remains a committed start-up nation
16-04-2020
Luxembourg’s commitment as a start-up nation stands firm, also during the coronavirus pandemic. A number of initiatives are being launched to help start-ups continue their activity and use their innovation capacities to help alleviate and overcome the health and economic crisis.
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Luxembourg 18th most competitive financial centre in the world
16-04-2020
The March 2020 edition of The Global Financial Centres Index ranks the country 18th in the world and 7th in Western Europe. In the global ranking, the country progresses by seven places compared to the previous year. Luxembourg is considered as the world leader in the field of insurance.
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Luxembourg maintains AAA credit ranking
14-04-2020
Moody’s has confirmed Luxembourg’s AAA first-class rating, in spite of the hit that the economy is expected to take due to the lockdown imposed by the COVID-19 pandemic.
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Cleantech Forum Europe: new format, old and new dates
06-04-2020
Due to the outbreak of the COVID-19 pandemic, the format of the 2020 Cleantech Forum Europe had to be modified. A virtual programme will be offered on the original event dates, 18-20 May, and will be followed by a first-ever end-of-the-year festive Cleantech Forum in Luxembourg on 7-9 December.
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Luxembourg start-up Doctena offers remote medical consultation solution
06-04-2020
In view of the urgent need to restrict face-to-face meetings as much as possible due to the COVID-19 pandemic, the Luxembourg government is allowing remote medical consultations during the time of the crisis. Reacting quickly, Luxembourg start-up Doctena has added a video conference module to its leading online platform for booking medical appointments.
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Luxembourg lab develops COVID-19 test kit
05-04-2020
Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype
01-04-2020
Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels
01-04-2020
Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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Luxembourg Trade & Investment Offices remain open
27-03-2020
Despite the restrictive measures put in place in a high number of countries across the world to combat the COVID-19 pandemic, all Luxembourg Trade & Investment Offices remain open to companies interested in finding out more about doing business in and with Luxembourg.
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Luxembourg launches unprecedented economic stabilisation programme
27-03-2020
In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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Fit 4 Start - Edition #10 postponed
20-03-2020
Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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A brand for an innovative ecosystem
11-03-2020
To cement its position as an attractive location for start-ups, Luxembourg relies on easy access to support, major international players and public authorities and administrations. At the same time, the country is a clear gateway to the European market.
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No graduation ceremony for Fit 4 Start, but the pitches are maintained
10-03-2020
Due to the risks linked to the spread of COVID-19, Luxinnovation has decided to cancel the Fit 4 Start Pitching & Graduation Day which should have been held on 26 March 2020 at Kinepolis in Luxembourg-Kirchberg.
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A multitude of challenges
09-03-2020
Funding is often seen as the key to unlock a start-up’s ability to expand but it takes more than that. Fit 4 Start, Luxembourg’s acceleration programme managed by Luxinnovation, offers high-quality coaching to put start-ups with high potential on the road to success.
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Luxembourg becomes first country with free public transport
03-03-2020
If you have to go from one business meeting to another or from the airport to your hotel, there is no need to worry about where to buy your ticket or how much you need to pay. On 1 March 2020, Luxembourg became the first country in the world to make all public transport free of charge.
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Local door openers for business
21-02-2020
Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities
20-02-2020
Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in northern Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates
19-02-2020
Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place in the top 10 list.
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