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The 2018 edition of the European Commission’s Digital Economy and Society Index (DESI) globally ranks Luxembourg 5th in the EU. The country performs particularly well in the category connectivity (2nd in the EU) and in human capital (5th).

ICT expertise is critical for Luxembourg as it underpins the sustainable development of many other important sectors. As a “big data” hub, Luxembourg offers an excellent location for the development and internationalisation of ICT companies as well as for innovation. Supported by efficient public research infrastructures and projects, this market offers plenty of opportunities for start-ups, SMEs and large enterprises.

ICT expertise is thus underpinning the sustainable development of other important sectors in Luxembourg, such as the financial, media, clean tech, logistics, automotive and space sectors.

The financial sector depends strongly on the fact that Luxembourg has become one of Europe’s top locations for ICT infrastructures (data-centres, connectivity and Internet traffic) and offers specialised expertise to keep their data safe. This is also true for the emerging biotech industry in Luxembourg, which also relies heavily on confidentiality of medical data.

Luxembourg’s ranking among the top countries for ICT, the presence of numerous global players in the country as well as many start-ups, the creation of thousands of jobs all point to one conclusion: ICT IS THE NEW VECTOR OF ECONOMIC DEVELOPMENT OF LUXEMBOURG.

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Circuit Foil to invest €36.5 million in Luxembourg production facilities

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Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in norther Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place on the top 10 list.
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University and start-up to work on in-orbit satellite repairs

18-02-2020

The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
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Financing the cleantech transition

17-02-2020

Adequate financing is crucial for the transition to a sustainable, environmentally friendly economy, and one of the central topics that will be discussed at the 2020 Cleantech Forum Europe in Luxembourg on 18-20 May 2020. Luxembourg is a leading centre for green and sustainable finance. Key players will participate in the forum to share their experience and establish new partnerships.
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FRUIT LOGISTICA 2020

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2020 marks the third anniversary of the Luxembourg Pavilion showcasing Luxembourgish know-how as well as products and services at Fruit Logistica, the leading industry get-together for perishables and fresh produce businesses. Read more

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Economic Mission to the United Arab Emirates

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The United Arab Emirates and Luxembourg have much in common. Their prosperity comes from natural resources and they both pursue economic diversification strategies based on innovation and forward-looking goals. Common areas of interests are knowledge-based economy, the space, logistics, healthtech, and financial services, to name but some. The UAE are the most important partner of Luxembourg in the Middle East in terms of trade and investment. The close and thriving partnership between the two countries will be further strengthened and developed with Luxembourg’s participation in the Expo Dubai 2020. Read more

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