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“Break down the diversity barriers”

30-01-2023

Opening a first European office is a big step for many international companies that do not only need to handle business aspects, but also cultural and linguistical challenges. Toshihiko “Toby” Otsuka, CEO of Rakuten Europe, shares how this Japanese company managed to overcome such barriers when establishing its European headquarters in Luxembourg.
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“Revalidate your assumptions”

23-01-2023

Argentine digital health company ViewMind opened its European office in Luxembourg a few years ago. Mark Edwards, CEO, and Matias Shulz, COO of ViewMind, share their insights into key points to keep in mind for international companies that target the European market.
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Two first Luxembourg start-ups receive EIC Accelerator funding

19-01-2023

The European Commission recently announced that Arspectra and Circuli-ion have been awarded funding from the European Innovation Council (EIC) Accelerator. This is the most prestigious funding available for start-ups from the EU’s Horizon Europe programme. Luxinnovation supported the first-ever EIC Accelerator winners from Luxembourg during the application process.
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People and partnerships key to success

16-01-2023

In late 2017, San Francisco-based global space-based data, analytics and space services provider Spire opened its Luxembourg office to increase its European footprint. We spoke to John Lusk, COO of Spire Maritime, about what he sees as the main success factors and pitfalls to be avoided for international companies expanding to Europe.
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House of BioHealth extension inaugurated

12-01-2023

On 12 January 2023, a new extension of the House of BioHealth, Luxembourg’s unique hosting facility for biotech and healthtech companies was officially inaugurated. A total of 15,000 m2 of lab and office space are now available for businesses in the sector.
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Gaining a foothold in Europe

10-01-2023

For decades, they have been supporting international companies that are looking to come to Europe and set up branch offices or regional headquarters here. Four Luxembourg-based experts share their insights on how to make the ride to Europe as smooth, speedy and successful as possible.
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Luxembourg ranks 11th in 2023 Global Innovation Scorecard

09-01-2023

Luxembourg is one of 24 countries classified as "innovation champions" in the 2023 Global Innovation Scorecard. The country stands out for its high degrees of freedom and diversity.
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The good life in Luxembourg: Faces of Fëschmaart

09-01-2023

The fish market or “Fëschmaart” has always been a lively merchant district. It began with fish and spices, and continues today with handmade goods made to measure. The Fëschmaart is a village in the city, shaped and brought to life by dedicated merchants and restaurateurs.
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LIST opens sustainable composite materials innovation centre

05-01-2023

The Materials Department of the Luxembourg Institute of Science and Technology (LIST) has recently launched a Sustainable Composite Materials and Manufacturing Innovation Centre (SCMM). The new centre will in particular develop composite materials with a very low carbon footprint and demonstrate their benefits through concrete application demonstrators for the automotive, rail, space, aeronautics and future urban air mobility.
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Luxembourg ranks 8th worldwide for rule of law

03-01-2023

Ranked 8th in the 2022 WJP Rule of Law Index, Luxembourg stands out in particular for its high level of order and security, fundamental rights and regulatory enforcement.
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A guide to showcase the VC community in Luxembourg

15-12-2022

Luxembourg start-ups are increasingly attracting investments from both national and international venture capital investors. The Luxembourg Private Equity Association (LPEA) published a VC Guide in November 2022 to highlight this community, which plays a key role for the start-up ecosystem.
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The future of rooftop innovation

13-12-2022

Automotive supplier Webasto produces roofs, electric-cars chargers and batteries as well as heating and cooling systems for the automotive industry. Following the recent acquisition of automotive glazing specialist Carlex Luxembourg, the company is turning its new Luxembourg facility into its global centre of competence for smart glazing.
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The secret of the golden vine

08-12-2022

For centuries, the landscape along the Moselle has been shaped by viticulture. Even the Romans appreciated the terroir in the south-east of Luxembourg. In a recent article, Visit Luxembourg explores the vineyards in the south-east of the country.
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Implementing self-driving vehicles

07-12-2022

In the coming years, autonomous vehicles are expected to revolutionise mobility. Crossroads Magazine spoke to the University of Luxembourg and bus and travel specialist Sales-Lentz about their contributions to making self-driving vehicles a reality.
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Luxinnovation and the City of Tsukuba to jointly facilitate innovation

05-12-2022

On 2 December 2022, Luxinnovation signed a Memorandum of Understanding with the City of Tsukuba, a leading centre for research and innovation in Japan. The two organisations will cooperate to promote economic development and innovation and provide mutual support to innovative companies.
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Sienza Energy develops European HQ in Luxembourg

30-11-2022

Californian start-up Sienza Energy develops high-energy batteries that could be a radical game changer for electric vehicles. Supported by Luxinnovation, the company has chosen to locate its European HQ in Luxembourg with the ambition to perform key R&D activities. It hopes to open a pilot plant for its eco-friendly batteries here in the next few years.
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A Luxembourg testbed for optimising electrical vehicle fleet charging

29-11-2022

German start-up RiDERgy provides companies with innovative tools for electrifying their vehicle fleet and optimising electric vehicle charging. The company has chosen Luxembourg as the testbed for perfecting and commercialising its offering.
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Luxinnovation and South Korean KAIST GCC to cooperate

28-11-2022

Luxinnovation signed a Memorandum of Understanding with the Global Commercialization Center of Korea Advanced Institute of Science and Technology (KAIST GCC) on 28 November 2022. The main objective is to facilitate business and investment opportunities for South Korean companies in Luxembourg.
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Sustainable mobility solutions: "Start-ups welcome"

28-11-2022

Facilitating smart, efficient and sustainable mobility is a major objective of the Luxembourg government. Crossroads Magazine spoke to the Deputy Prime Minister and Minister for Mobility and Public Works, François Bausch, about his plans for the future and the need for mobility innovation.
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Spearheading mobility innovation

21-11-2022

Luxembourg is determined to promote the use of innovative and sustainable mobility solutions. This commitment, combined with massive infrastructure and public transport investment as well as R&D and business partnership opportunities, make the country an excellent testbed for mobility innovation for the European market.
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Luxembourg maintains its AAA rating

15-11-2022

Credit rating agency DBRS Morningstar has once again awarded Luxembourg its AAA rating with a stable outlook, thereby confirming its belief in the country's growth and stable public finances.
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Luxembourg, a European testbed, at Smart City Barcelona

11-11-2022

Luxembourg is an interesting testbed for international companies with smart city solutions targeting the European market. Company executives looking for the right place to expand their European activities can learn more at the Smart City Expo World Congress in Barcelona on 15-17 November 2022.
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Circular by Design Challenge call for applications open

10-11-2022

The third edition of Circular by Design Challenge offers Luxembourg and European companies the opportunity to develop innovative, sustainable solutions through a 12-week coaching programme and the possibility to win an award of €8,000. The deadline for submitting applications is 9 January 2023.
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Ohmio Automotion Ltd expands to Luxembourg

08-11-2022

Self-driving bus shuttle manufacturer Ohmio Automotion Ltd, with roots in Australia and New Zealand, will open its first European office in Luxembourg. After winning a key contract with national railway company CFL, Ohmio will use Luxembourg as its base for addressing the growing demand for autonomous vehicles in Europe.
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Vodafone to set up pan-European logistics platform in Luxembourg

04-11-2022

On 26 October 2022, Luxembourg Minister of the Economy Franz Fayot and Ninian Wilson, the CEO of Vodafone Procurement Company, signed a memorandum of understanding for the establishment of Vodafone’s pan-European logistics platform in Luxembourg. The platform will strengthen Vodafone’s presence in Luxembourg even further.
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Fit 4 Start #13: 15 start-ups selected

28-10-2022

15 start-ups from 9 different countries have been selected for participation in the 13th edition of start-up accelerator Fit 4 Start. In addition to 6 months of coaching, pre-seed funding and access to all the key players of the Luxembourg start-up ecosystem, participants will also be encouraged to look into how their products and services can have a positive sustainable impact.
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Boosting business connections with the UAE

25-10-2022

Luxembourg and the United Arab Emirates (UAE) share the characteristics of being springboards for business in their respective geographical regions. Luxembourg representatives recently visited several key organisations and events in Abu Dhabi and Dubai in order to strengthen connections and partnerships that can contribute to facilitate business expansion for Emirati and Luxembourg companies.
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Two Taiwan companies exhibit at Cybersecurity Week Luxembourg

24-10-2022

The annual Cybersecurity Week Luxembourg took place on 17-20 October 2022. Two companies from Taiwan, LYDSEC Digital Technology and KeyXentic, joined the event to meet the Luxembourg cybersecurity ecosystem and explore the country as a potential base for expanding their businesses to Europe.
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Supporting teaching and research in high performance computing

17-10-2022

Developing the talents and expertise needed for a broad use of high performance computing (HPC) is a priority in Luxembourg. The Ministry of the Economy and the University of Luxembourg recently signed an agreement that provides a framework for HPC-focused higher education and research activities.
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Luxembourg attractive for foreign direct investment

11-10-2022

In 2022, EY included Luxembourg for the first time it its series of country attractiveness surveys. Brice Lecoustey, Consulting Partner at EY Luxembourg, provided us with further insights into the factors that make Luxembourg attractive for foreign direct investment.
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