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2020 FM Global Resilience Index - rankingThe 2020 FM Global Resilience Index analyses core drivers of enterprise resilience, with the objective of helping companies assess the capacity of different countries to withstand disruption and, in case an disruption occurs, recover strongly. The index can be used by business executives in order to find the information needed to manage the exposure their companies face around the world.

The importance of resilience has become very obvious during the on-going COVID-19 pandemic. “While pandemic risk is not explicitly measured in the index, the resilience of a country’s business environment is a reliable platform for businesses trying to rebound from the impact of the coronavirus,” says FM Global.

Luxembourg: a highly resilient economy

Luxembourg is ranked as the 7th most resilient economy among the 130 countries territories studied. The country slightly improves its overall score compared to the preceding year.

The country’s high ranking is in particular due to its strong economy, for which it ranks 3rd in the world. The index analyses political and macroeconomic influences on resilience and looks at productivity (for which Luxembourg is 2nd in the world), political risk (4th), oil intensity and urbanisation rate.

Luxembourg is in 18th place for risk quality, especially due to its low exposure to natural hazards. It ranks 26th for supply chain factors, where it stands out for its high control of corruption (6th in the world), the quality of its infrastructure (19th) and its supply chain visibility (33rd).

 

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Mission to Latvia presents potential business opportunities

21-03-2023

A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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How to succeed with your expansion into Europe: the experts’ top tips

14-03-2023

Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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Fortress, history, identity

10-03-2023

Art and history lovers can find their heart’s desire in Luxembourg City by walking along the so-called MuseumSmile, which is home to no less than seven museums.
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University of Luxembourg ranks 4th worldwide for its high international outlook

09-03-2023

The University of Luxembourg was ranked among the top 250 universities in the world in the Times Higher Education World University Rankings 2023. The multicultural and research-oriented university in Luxembourg, comprised of over 50% of foreign students, was ranked fourth in the world for its international outlook.
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Luxembourg bags world’s best in talent attraction twice in a row

03-03-2023

Luxembourg’s reputation as the world’s top talent magnet has once again been acknowledged in the 2022 Global Talent Competitiveness Index. For the second year in a row, the Grand Duchy retained its no. 1 position for attracting talents and was ranked 11th out of 133 countries assessed in the index, making it one of the top performers globally.
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