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Woods and forests cover more than 90,000 hectares in Luxembourg or nearly 35% of the country. Nationally we have approximately 1,500 companies whose business is directly or indirectly related to wood, employing 11,000 people, with more than half of those employees working in the construction sector.

Every year, the total forest produces some 760,000 m3 of wood, of which on average some 500,000 m3 is exploited by man. The Luxembourg forest as a whole is managed in a sustainable manner, meaning that no more wood is taken than is replaced. From an economic point of view, one can compare the harvesting of timber to the interest that is generated by capital, which in this case is represented by the forest itself. In this sustainable system, the capital stays constant and even goes up a little in value.

Once the tree is cut, the wood circulates along an entire chain of players within the wood sector. We can differentiate several industries within this sector:

  • Timber harvesting
  • Sawmills
  • Wood panel industry
  • Paper industry
  • Wood energy
  • Wood furniture
  • Wood construction

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Latest news

An internet portal for the circular economy

22-06-2021

At the initiative of four ministries, the www.economie-circulaire.lu portal was officially launched on Tuesday 22 June 2021.
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Fit 4 Start is back! Calls for applications are now open

15-03-2021

Start-ups in the ICT and space technology sectors are invited to participate in the 11th edition of Luxembourg's acceleration programme Fit 4 Start. Successful candidates will benefit from 20 weeks of personalised coaching and grants of up to €150,000. The calls are now open until 15 April 2021.
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LIST: Towards greener hydrogen

18-09-2020

In partnership with the French company 3D-Oxides, the Luxembourg Institute of Science & Technology (LIST) is working on a research project designed to make hydrogen production easier, cheaper and more environmentally friendly.
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Luxembourg will host European space resources innovation centre

11-08-2020

A cooperation agreement was signed between the Luxembourg Space Agency (LSA) and the Luxembourg Institute of Science and Technology (LIST) aimed at creating a European Space Resources Innovation Centre (ESRIC) in Luxembourg by the end of 2020.
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Digital economy

Luxembourg offers an attractive and dynamic business environment for companies with a strong digital dimension that are targeting the European market. Renowned for its digital infrastructure and excellence in cybersecurity and data protection, the country stimulates data-driven innovation with the objective of becoming a leading data economy.

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Cleantech

Promoting clean technologies and the transition towards a circular economy is a priority in Luxembourg. The country offers an attractive economic environment for entrepreneurs who are looking to create value whilst reducing pollution, waste and energy consumption.

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Manufacturing

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

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Space

In just three decades, the Luxembourg space sector has grown from nothing into probably the most dynamic in Europe. With the SpaceResources.lu initiative, the country has established itself as a European hub for commercial space activities.

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Health Technologies

The Health Technologies sector is expanding in Luxembourg and attracting start-ups from across the globe. The sector vision leverages the investments and know-how developed through the rapid growth in the ICT sector.

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Finance

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 start-up ecosystem

Are you looking for a gateway to the European market, a testbed for a new service/product or a strong industrial/academic partner? Luxembourg is the perfect place to start or scale your entrepreneurial adventure.

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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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Creative Industries

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

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Maritime

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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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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Automotive and smart mobility

Luxembourg is one of the leading business hubs for automotive innovation and smart mobility. With its exceptional business environment, Luxembourg is the ideal location for developing and testing next generation mobility solutions for the European market.

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