News
Luxembourg to host European HPC headquarters
25-06-2018
Luxembourg will host EuroHPC, the joint structure for the European project of strategic interest on high performance computing (HPC). This was definitely decided by the European Commission on 25 June 2018.
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Visit of H.E. Obeid Al Tayer, Minister of State for Financial Affairs to Luxembourg, 20 June 2018
25-06-2018
Following numerous high level visits in both countries in recent months, the minister of State for Financial Affairs H.E. Obeid Al Tayer visited Luxembourg on 20 June 2018. On this occasion, the minis...
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Working and living in Luxembourg
22-06-2018
Luxembourg for Finance portrayed the life of 9 expat professionals of the Finance sector that came to work in Luxembourg.
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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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BIL and Arendt and Medernach Seminar at the Residence of Luxembourg
08-05-2018
The Dubai branches of Banque Internationale de Luxembourg (BIL), the oldest Luxembourg bank, and Arendt&Medernach, Luxembourg’s largest law firm, held a common seminar at the Residence o...
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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
01-05-2018
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 Gene...
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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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Luxembourg and the UAE deepen economic and trade cooperation : VISIT OF H.E. SULTAN BIN SAAED AL MANSOURI, MINISTER OF THE ECONOMY TO LUXEMBOURG, 18 APRIL 2018
20-04-2018
Upon invitation of the Deputy Prime Minister and Minister of the Economy Mr. Etienne Schneider, the Minister of the Economy of the United Arab Emirates H.E. Sultan Bin Saeed Al Mansouri visited Luxemb...
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Luxembourg leads the trillion-dollar race to become the Silicon Valley of asteroid mining
17-04-2018
by Andrew Zaleski | @ajzaleski
In the 1980s the tiny European nation of Luxembourg arose out of almost nowhere to become a leader in the satellite communications industry. Now it’...
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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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