October 2020 ISSUE #35

Luxembourg acquires petascale high performance computer

On 29 September 2020, Prime Minister Xavier Bettel and Minister of the Economy Franz Fayot announced the acquisition of Luxembourg's high performance computer (HPC). Named MeluXina, it will become part of the European HPC network.

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New Luxembourg Trade & Investment Office opens in Casablanca

The international network of LTIOs has been extended with an office in Morocco. The LTIO will support Luxembourg companies with doing business in North Africa and help foreign companies interested in developing their activities in Luxembourg.

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Finding business partners for the European market

Over 30 international start-ups recently participated in ICT Spring, one of Luxembourg’s largest tech events, with support from the international network of Luxembourg Trade & Invest. A great opportunity to meet new customers and partners and enter into the European market.

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LIST: Towards greener hydrogen

In partnership with the French company 3D-Oxides, the Luxembourg Institute of Science & Technology (LIST) is working on a research project designed to make hydrogen production easier, cheaper and more environmentally friendly.

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A governance solution for finance and space

Irish start-up Modus3 has chosen Luxembourg as its basis. Working with an innovative combination of fintech, regtech and space technology, the company is impressed with the hands-on support provided to young businesses coming to Luxembourg.

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Rebuilding the economy for a sustainable future

Sustainability is one of the major post COVID-19 market trends identified by Luxinnovation. The increased awareness will influence both policy makers’ choices and consumers’ preferences.

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Becoming resilient in the face of future crises

Although COVID-19 is far from the first economic crisis to impact our society, its depth and breadth has brought the issue of resilience and being prepared high in the public conscience.

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Benchmarks

Luxembourg top-ranked financial centre in the EU

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Luxembourg has the world's 5th fastest internet

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Luxembourg among the world's most innovative economies

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Luxembourg living

On 18 September 2020, Esch-sur-Alzette – Luxembourg’s second largest city – became one big playground as it celebrated the Night of Culture. Shows, music, dance and other performances had air as their common theme.

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