search

DBRS views the ongoing diversification of Luxembourg’s small economy as favourable. Luxembourg remains both highly resilient
and attractive as an investment destination, supported by its highly skilled workforce, competitive tax and legal frameworks
and political stability. Although the country has a relatively limited degree of economic diversification, with the financial sector
accounting for 24% of gross value added (GVA), policy efforts to diversify the economy away from the financial sector to other high
value-added industries continue to advance.

Five key priority business sectors

The government began its policy of economic diversification in 2004, identifying five key priority sectors:

Investment in these areas helped Luxembourg develop a strong technological infrastructure. The country is the European leader in digital skills. In the satellite industry, Luxembourg is among the top ten countries in the world with an active space presence.

Read more

A global approach for boosting operational efficiency

13-01-2022

The strong infrastructure, skills and research partners makes Luxembourg an interesting location for industrial digital transformation projects. Cebi drives its global industry 4.0 processes from its headquarters located here.
Read more

Luxembourg remains 3rd in World Talent Ranking

12-01-2022

For the second consecutive year, the 2021 IMD World Talent Ranking places Luxembourg 3rd in the world for its ability to develop, attract and retain the talent needed for its economy to stay competitive.
Read more

Circular by Design Challenge : 12 projects selected

11-01-2022

Following an online pitching session on 6 January, the jury of the Circular by Design Challenge has given its verdict. 12 projects will participate in the second edition of this support programme initiated by the Luxembourg Creative Industries Cluster of Luxinnovation with the support of the Ministry of the Economy, which targets creatives with sustainable and circular ideas.
Read more

Supporting the national economy, trade and invest

10-01-2022

Luxembourg's diplomatic and consular network is present in over 70 countries across the world. The Ministry of Foreign and European Affairs provides an overview of the network and how it supports the national economy, trade activities on global markets and investment opportunities for international companies.
Read more

Space resources start-up support programme launches first call for applications

07-01-2022

The ESRIC start-up support programme is the world's first accelerator and support scheme dedicated to space resources. It is open to start-ups worldwide, and interested candidates are invited to submit their applications by 23 January 2022.
Read more

Resources all news

Fermer