News
Luxembourg 13th most competitive country in the world
13-09-2022
Luxembourg is ranked as the world’s 13th most competitive country in the 2022 edition of the IMD World Competitiveness Ranking. The country ranks 1st in the world for its economic performance.
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Luxembourg among top 10 countries for post-COVID FDI recovery
12-09-2022
Foreign direct investment in Luxembourg increased by 85% during the first half of 2022, compared to the first 6 months of 2019.
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Luxembourg economy 3rd most resilient in the world
07-09-2022
Luxembourg remains the world's 3rd most resilient economy in the 2022 FM Global Resilience Index. The country even strengthens its global score compared to last year.
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Fit 4 Start: Keys to success for international applicants
31-08-2022
The 13th call for applications for Fit 4 Start is open until 19 September 2022. We spoke to programme manager Sven Baltes at Luxinnovation about what the start-up accelerator can offer international start-ups and the keys to preparing successful applications and pitches.
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Luxembourg among best cities to pursue a tech career
30-08-2022
Luxembourg is the second most attractive city in the EU to pursue a tech career, according to a study by CodeClan.
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CONTEC develops space business from Luxembourg
29-08-2022
Korean space ground station specialist CONTEC benefits from its European HQ in Luxembourg to expand business and partnerships in the EU. Having secured a fundraising round of $50 million, the company recently contributed to the successful launch of South Korea’s first home-grown space rocket.
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Luxembourg has 2nd highest high-speed internet coverage in the EU
24-08-2022
The EU is steadily progressing towards its ambition to achieve gigabit connectivity in all EU households and 5G coverage for all populated areas in 2030. Luxembourg currently has the second highest high-speed internet coverage among the EU member states.
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Launch of the 13th edition of Fit 4 Start start-up acceleration programme to address innovative, tech- and data-driven ventures
23-08-2022
The 13th edition of Fit 4 Start has officially been launched. The flagship start-up acceleration programme, initiated by the Ministry of the Economy and managed by Luxinnovation targets innovative, tech- and data-driven ventures.
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Luxembourg most attractive European country for international jobseekers
17-08-2022
Luxembourg was the most attractive European country for international jobseekers in 2021, claims a recent study by Indeed Hiring Lab on shifts in international job search.
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Luxembourg to create space campus
16-08-2022
The future Space Campus will provide specific geographic areas in Luxembourg exclusively dedicated to space-related activities to ensure the competitive position of companies and public research organisations in this field.
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Luxembourg #1 in the EU for government R&D spending per capita
11-08-2022
Recent statistics from EUROSTAT show that the Luxembourg government allocate by far the biggest national R&D budget in the European Union in relation to the size of the population.
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Discovering Luxembourg
05-08-2022
Hills, forests and unique rock formations, medieval castles, UNESCO World Heritage sites and places that witnessed the birth and key progress of the European Union: Luxembourg has much to offer the curious visitor. This truly cosmopolitan country with a long tradition of welcoming people from abroad also provides old and new residents with an excellent quality of life.
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Investor care platform
29-07-2022
Investing abroad is a challenging endeavour. In case you are interested in opening an office or setting up a global or European headquarters in Luxembourg, the partners of Luxembourg Trade & Invest offer a range of high-quality, free services to support you every step of the way and help make your venture a success.
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A gateway for Europe
27-07-2022
South African national Richard Forson, President and CEO of Cargolux Airlines International, has been living in Luxembourg since 2012. We spoke to him about his experience of living and working in Luxembourg.
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700 road mobility companies in Luxembourg
22-07-2022
A recent mapping of Luxembourg’s automotive sector covers no less than 700 mobility companies, ranging from large international groups to numerous SMEs and disruptive start-ups.
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SecurityScorecard develops business from Luxembourg
19-07-2022
SecurityScorecard, the global leader in cybersecurity ratings, has been operating in Luxembourg to develop its business on the local and European market. Hosted by accelerator Tomorrow Street, the company adds a new component to the country’s internationally renowned cybersecurity ecosystem.
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16 start-ups graduated from the Fit 4 Start #12 programme
12-07-2022
During the ICT Spring event at Luxexpo The Box in Luxembourg, the 16 start-ups that successfully completed the 12th edition of the Fit 4 Start programme officially graduated.
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Targeting the African market from Luxembourg
11-07-2022
SDG Global develops solar-powered telemedicine and digital education kits designed in particular for the African market. The company has chosen Luxembourg as its base for accelerating its global business.
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How to automate fund operations
11-07-2022
Moving the fund industry from legacy systems and Excel files requiring heavy manual support to simplified fully automated processes for data harmonisation and regulatory compliance: this is the ambitious objective of Next Gate Tech. The young start-up’s efforts have already received the seal of approval from clients and investors alike.
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A European capital for cultural diversity
08-07-2022
An important industrial centre during the heydays of Luxembourg’s steel production, Esch-sur-Alzette is today a vibrant innovation hub. Located directly on the French border, the Grand Duchy’s second largest city is characterised by a deep-rooted cultural diversity. It is home to well over 100 nationalities and residents frequently cross the borders to Belgium, Germany and France.
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Luxembourg #1 in Europe for FDI per capita
07-07-2022
Foreign direct investment (FDI) is recovering from the impact of the COVID-19 pandemic, reports EY. With 25 FDI projects announced in 2021, Luxembourg ranks first in Europe in terms of investment projects relative to the population size.
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Research partnership for commercial success
05-07-2022
A research partnership with the Luxembourg Institute of Science and Technology (LIST) and the Luxembourg Institute of Health (LIH) on how to use its technology to make virucidal facemasks has given Molecular Plasma Group a big market breakthrough.
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A window to Europe
05-07-2022
For several years, the Luxembourg Trade and Investment Offices have invited start-ups from their local markets to Luxembourg tech event ICT Spring. Combining the presence at the event with a tailor-made visit programme, this offers a concrete insight into what it would mean to locate their European offices in Luxembourg.
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International start-ups exploring Luxembourg
04-07-2022
25 international start-ups, supported by the Luxembourg Trade and Investment Offices located around the world, attended tech event ICT Spring on 30 June – 1 July 2022. We spoke to some of them to hear why they were interested in exploring Luxembourg as their potential base for entering the European market.
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Infinite Reality plans for European HQ in Luxembourg
01-07-2022
The metaverse has the power to transform how consumers interact with brands. We spoke to John Acunto, CEO of metaverse leader Infinite Reality, about how he thinks the metaverse will develop in Europe and about the company’s plans to set up its European HQ in Luxembourg.
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Infinite Reality launches global metaverse hub in Luxembourg
01-07-2022
Infinite Reality, the metaverse entertainment and innovation company, announced today a strategic relationship with the University of Luxembourg's Interdisciplinary Centre for Security, Realiability, and Trust (SnT) to introduce a global, open metaverse, from Luxembourg. This is a significant piece of the company’s European expansion plans.
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Building skills for the metaverse
29-06-2022
The integrated 3D virtual worlds commonly called the metaverse might well revolutionise the way we do business. Luxembourg Trade & Invest discussed the needs to build the right skills and the timeframe for adopting the metaverse with the CEO of leading metaverse company Infinite Reality, John Acunto.
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Boosting public-private R&D
28-06-2022
Stimulating innovation and research partnerships is becoming a key priority for Luxembourg R&D funding. Companies cooperating with research centres can receive an additional financial injection, and sector-related calls stimulate public-private partnerships using Luxembourg as a testbed for innovative products.
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