News
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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Executive Director Blog
07-08-2022
Dear Reader,
After six exciting, challenging, thriving and motivating years in the UAE at the head of the Luxembourg Trade and Investment office, it is time to say goodbye. I will soon leave this amazing country to join the Ministry of the Economy back in Luxembourg where I have been appointed Deputy Director General, in charge of Foreign Trade and Investments.
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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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Executive Director Blog
28-06-2022
Dear Reader,
This newsletter focuses more specifically on the attractiveness of Luxembourg for foreign investors.
So, why Luxembourg?
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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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Developing technology for industry
24-06-2022
Supporting businesses with their R&D projects and helping them speed up prototyping and market introduction is central for the Luxembourg Institute of Science and Technology (LIST). LIST’s Sustainable Biotech Innovation Centre cooperates with companies on their development of bio-based products and bioprocesses.
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Industry-oriented research: the synergy approach
21-06-2022
Performing research in close collaboration with companies is essential for Luxembourg’s research institutes. We spoke to Professor Djamila Aouada at the University of Luxembourg about how the expertise of her team can support industry and their motivation to work in partnership with the private sector.
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Where research excellence and innovation go hand in hand
16-06-2022
In a few decades, Luxembourg has built a competitive research ecosystem with a strong orientation towards innovation. The government promotes science as a way to rise to economic and societal challenges, and the Luxembourg National Research Fund (FNR) provides funding that stimulates research excellence and builds bridges with the private sector.
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Learning maths the digital way
13-06-2022
Digital education start-up Magrid reflects both Luxembourg’s digital expertise and its highly international population. Magrid’s innovative digital solution that helps children improve their cognitive, visual-spatial, and mathematical abilities without requiring them to speak any specific language attracts much interest from abroad. The company now uses Luxembourg as the base for its international expansion.
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Luxembourg attracts foreign direct investment
13-06-2022
After two years with less incorporations due to the COVID-19 pandemic, foreign direct investment is picking up speed again. We spoke to Jenny Hällen Hedberg, Head of International Business Development, and Jean-Michel Ludwig, Director Business Development at Luxinnovation, about the developments in Luxembourg and why international companies come here.
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DDE opens European HQ in Luxembourg
13-06-2022
South Korean artificial intelligence expert Data Design Engineering is setting up its European headquarters in Luxembourg. The company decided to come here due to its quickly expanding client network, the opportunity to establish research partnerships and the exceptionally supportive Luxembourg ecosystem.
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Research partnerships for innovation
10-06-2022
Internationally recognised for its research excellence in fields such as computer sciences and cybersecurity, Luxembourg also prides itself on top-level research in the fields of health, space and material sciences. Research organisations stand out for their openness to cooperate with industry, and stimulating public-private partnerships to fuel innovation is a national priority.
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Why startups choose Luxembourg (4/4): A supportive ecosystem
09-06-2022
What is it like to be part of the Luxembourg start-up ecosystem? Four start-ups of different origins speak about their experience of everything from finding investors and clients to the easy access to decision makers.
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Sustainable industry: making a difference
08-06-2022
The 2022 edition of Smart Manufacturing Week is in full swing with sustainable manufacturing as its main focus. The first day of the event challenged companies in all sectors of activity to determine the areas in which they can make a difference and launch concrete actions, for their own benefit as well as for that of the world.
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Why startups choose Luxembourg (3/4): Accelerating initiatives
07-06-2022
The Luxembourg ecosystem offers a range of start-up support initiatives aimed at helping high-potential start-ups take off. Our international panel of entrepreneurs highlight how different initiatives helped them develop their companies, better understand business in Europe and become part of a strong, supportive start-up community.
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