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Reasons to invest
Find out why Luxembourg is a smart location for high-performance business and industry.
Innovation is the key to success and Luxembourg is the ideal and smart location. Discover how Luxinnovation is a key partner for companies looking to engage in innovative activities in Luxembourg or aiming to expand their business at the international level.
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The future high performance computer (HPC) will be part of the European HPC network, EuroHPC.
Composite materials specialist Euro-Composites will invest €160 million in its Luxembourg site in Echternach. The investment programme is supported by the government, the town of Echternach and the state-owned bank Société nationale de crédit et d'investissement (SNCI).
Luxembourg has been selected to host one of the high performance computers set up under the aegis of the European High Performance Computing Joint Undertaking (EuroHPC). The Luxembourg supercomputer will primarily be used to meet business needs, in particular those of SMEs and start-ups.
Ideally located in-between several major European consumer markets, Luxembourg provides global companies with many strategic advantages for conducting their business in, from and to Europe. These advantages, as well as developments to further enhance the competitiveness of the country’s logistics solutions, were highlighted at the Transport Logistic fair in Munich on 4-7 June 2019.