At end of 2016, the European Commission published a study on digital transformation ranking Luxembourg # 6 in the EU and #4 for digital infrastructure, investment and access to funding and e-leadership.

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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22 September 2017

Finance in Luxembourg goes green

Luxembourg (LU)

Europe and the world is investing heavily into energy efficiency, renewables and interconnectivity. What do actors of the world of finance in Luxembourg put forward in order to help this multi-billions of investment flourish and keep up with the Paris Agreement? Read more

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CleanTech

The country offers an attractive economic environment for entrepreneurs who are keen to create value whilst reducing pollution, waste and energy consumption.

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Space

In just three decades, the Luxembourg space sector has grown from nothing into probably the most dynamic in Europe.

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Logistics

Located in the heart of Europe, Luxembourg provides global companies with many strategic advantages for conducting their business successfully in, from and to Europe.

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Composites, multifunctional materials and highly customised production technologies are at the heart of Luxembourg’s manufacturing sector.

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Skilled Crafts

Supporting innovation in SMEs is a main objective of the government's economic diversification policy.

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Long established as a world leader in the twin sectors of fund administration and private banking, Luxembourg is the eurozone's leading financial centre and # 12 in the world. It is the second largest for investment funds globally thanks to its pre-eminent role in the European market and as service provider in Asia, the Middle East and South America.

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Luxembourg is a major centre for the automotive industry’s supply chain with an exceptional business environment.

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Luxembourg has almost 2,200 companies active in the creative industries, employing more than 6,300 people.

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Life Sciences

The Life Sciences sector is expanding in Luxembourg and attracting researchers from across the globe.

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Thanks to a strong political will to diversify the economy and an overall favourable business climate, Luxembourg has become, over the years, an attractive location for shipping businesses.

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Start-ups

Luxembourg’s start-up ecosystem has grown by leaps and bounds in only a few years to become an attractive investment hub for many start-ups and innovative companies hoping to access the different national markets in Europe.

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