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Luxembourg 18th most competitive financial centre in the world

16-04-2020

The March 2020 edition of The Global Financial Centres Index ranks the country 18th in the world and 7th in Western Europe. In the global ranking, the country progresses by seven places compared to the previous year. Luxembourg is considered as the world leader in the field of insurance.
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Luxembourg maintains AAA credit ranking

14-04-2020

Moody’s has confirmed Luxembourg’s AAA first-class rating, in spite of the hit that the economy is expected to take due to the lockdown imposed by the COVID-19 pandemic.
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Cleantech Forum Europe: new format, old and new dates

06-04-2020

Due to the outbreak of the COVID-19 pandemic, the format of the 2020 Cleantech Forum Europe had to be modified. A virtual programme will be offered on the original event dates, 18-20 May, and will be followed by a first-ever end-of-the-year festive Cleantech Forum in Luxembourg on 7-9 December.
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Luxembourg start-up Doctena offers remote medical consultation solution

06-04-2020

In view of the urgent need to restrict face-to-face meetings as much as possible due to the COVID-19 pandemic, the Luxembourg government is allowing remote medical consultations during the time of the crisis. Reacting quickly, Luxembourg start-up Doctena has added a video conference module to its leading online platform for booking medical appointments.
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Luxembourg lab develops COVID-19 test kit

05-04-2020

Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype

01-04-2020

Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels

01-04-2020

Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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Luxembourg Trade & Investment Offices remain open

27-03-2020

Despite the restrictive measures put in place in a high number of countries across the world to combat the COVID-19 pandemic, all Luxembourg Trade & Investment Offices remain open to companies interested in finding out more about doing business in and with Luxembourg.
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Luxembourg launches unprecedented economic stabilisation programme

27-03-2020

In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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Fit 4 Start - Edition #10 postponed

20-03-2020

Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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Continuation of Luxinnovation's activities

17-03-2020

In view of the spread of the COVID-19 pandemic and the protective measures announced by the government, Luxinnovation, the national innovation agency, is adapting to the situation in order to ensure the smooth continuity of its activities.
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A brand for an innovative ecosystem

11-03-2020

To cement its position as an attractive location for start-ups, Luxembourg relies on easy access to support, major international players and public authorities and administrations. At the same time, the country is a clear gateway to the European market.
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Update on ASEAN day

10-03-2020

On 3 March, the Chamber of Commerce, in close cooperation with the Ministry of Foreign and European Affairs, the Ministry of the Economy, and the Embassy of Luxembourg in Bangkok, organised the second edition of ASEAN Day. Here are some highlights.
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No graduation ceremony for Fit 4 Start, but the pitches are maintained

10-03-2020

Due to the risks linked to the spread of COVID-19, Luxinnovation has decided to cancel the Fit 4 Start Pitching & Graduation Day which should have been held on 26 March 2020 at Kinepolis in Luxembourg-Kirchberg.
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A multitude of challenges

09-03-2020

Funding is often seen as the key to unlock a start-up’s ability to expand but it takes more than that. Fit 4 Start, Luxembourg’s acceleration programme managed by Luxinnovation, offers high-quality coaching to put start-ups with high potential on the road to success.
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Luxembourg becomes first country with free public transport

03-03-2020

If you have to go from one business meeting to another or from the airport to your hotel, there is no need to worry about where to buy your ticket or how much you need to pay. On 1 March 2020, Luxembourg became the first country in the world to make all public transport free of charge.
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Business Partnership Facility

03-03-2020

Update on the event held on Friday 28th February at the Chamber of Commerce and close of call for applications on 8th May 2020.
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Local door openers for business

21-02-2020

Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities

20-02-2020

Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in northern Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates

19-02-2020

Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place in 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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Enabling the wide-scale transformation of mobility

17-02-2020

Several unique test sites in Luxembourg are open to companies that develop next-generation mobility solutions for the European market.
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Calendar of activities in 2020 - Chamber of Commerce

07-02-2020

The Chamber of Commerce, through its International Affairs team, actively supports Luxembourg companies as they enter or expand into foreign markets.
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Luxembourg among the world’s 10 least corrupt countries

07-02-2020

Luxembourg ranks 9th among the 180 countries and territories studied in the 2019 of the Corruption Perceptions Index.
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Luxembourg 8th in 2020 Global Talent Competitiveness

06-02-2020

Luxembourg gains two places in the 2020 edition of the Global Talent Competitiveness Index. The country in particular stands out for its ability to attract and retain talent.
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A base for expansion

06-02-2020

The originally German software developer SportMed is specialised in digital health assessments. After its move to Luxembourg in 2015, the company is benefitting from its new base to expand its product portfolio as well as its international network of clients and distributors.
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Meet the decision makers (5/5): Genna Elvin

05-02-2020

New Zealander Genna Elvin loves the multicultural environment of Luxembourg. The co-founder of Tadaweb runs her start-up from the City of Sciences in Belval.
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United Arab Emirates and Luxembourg join forces to support start-ups

28-01-2020

During the Luxembourg economic mission to the United Arab Emirates (UAE), a cooperation agreement was signed in Dubai between Luxinnovation and the Dubai Future Foundation. It makes it possible for Luxembourg technology-based start-ups and companies to get access to development and financing programmes in Dubai.
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Transforming supply chain services

28-01-2020

Digitalisation strongly impacts logistics operations and supply chain management. For many of the leading companies in this field, it challenges the traditional way of working but also opens completely new opportunities to create value and improve competitiveness.
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