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2019 Global Resilience Index rankingPublished by FM Global, the Global Resilience Index is designed to help chief financial officers (CFOs) and other business leaders choose resilience as they manage their own risk and site facilities, extend supply chains and cultivate customers. The index combines 12 core drivers of resilience structured into three main categories:

  • economic (productivity, political risk, oil intensity, urbanisation rate)
  • risk quality (exposure to natural hazards, natural hazard risk quality, fire risk quality, inherent cyber risk)
  • supply chain (control of corruption, quality of infrastructure, corporate governance, supply chain visibility)

The study provides ranked scores for 130 countries and territories around the world. Norway is considered as the most resilient country, before Denmark and Switzerland.

Luxembourg 7th most resilient in the world

Luxembourg is listed as the 7th most resilient country in the world. The country ranks particularly well in the economic sub-category, where it is on 2nd place. It is number 18 in the world in terms of risk quality, and 23rd in the category supply chain.

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Health Technologies innovate during the Covid-19 pandemic

02-03-2021

For the third consecutive year, the Luxembourg healthtech sector organised its annual event. This provided an opportunity to take stock of the evolution of a sector that is on the front line in the context of the COVID-19 pandemic. Minister of the Economy Franz Fayot underlined the importance of the sector in the economic diversification policy and announced the advent of a future financing mechanism favouring public-private partnerships in the medical sector.
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Rotarex invests in Luxembourg production capacity and R&D

02-03-2021

The COVID-19 pandemic has led to a sharp increase in the demand for medical products from Rotarex. In order to meet the increased demand, the company has invested in new production lines and launched three new R&D projects. Both initiatives have received support from the Luxembourg government.
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A place for innovation

22-02-2021

Ekaterina Bereziy, CEO of healthtech start-up ExoAtlet, came to Luxembourg from Russia in 2019. She talks about the unexpected innovation environment that she found here and the aspects that she enjoys most in her new home country.
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Green hydrogen, moon mining, anti-scam technology: Luxembourg’s innovative approach

22-02-2021

Luxembourg is known for audacious moves to develop its economy – building one of the world’s leading financial centres from scratch is perhaps the most well-known example. The Financial Times reports on other initiatives focusing on renewable energy, space technology and cybersecurity.
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Country report: Becoming an advanced digital society

19-02-2021

Luxembourg’s efforts to become an advanced digital society are internationally recognised. A recent country report in The Financial Times highlights Luxembourg’s strategic vision for its future economy and investments in high performance computing.
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