News
Reaching the whole European market
15-07-2021
Several Korean companies, such as biotech Medical & Bio Decision (MBD) and AI specialist INFINIQ, have recently opened offices in Luxembourg. Crossroads Magazine asked Younhee Kim, Executive Director of LTIO Seoul, about what attracted them to Luxembourg.
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Innovative cold chain solutions
12-07-2021
Luxembourg-based healthtech company B Medical Systems specialises in vaccine cold chain solutions and medical refrigeration. With recent innovations making its vaccine freezers more flexible and resilient, the company is playing a key role in the fight against COVID-19. Its international client portfolio, head count and production facilities are all expanding rapidly.
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Luxembourg launches official start-up web platform
06-07-2021
On 5 July 2021, Minister of the Economy Franz Fayot and Luxinnovation CEO Sasha Baillie officially launched the web platform aimed at showcasing the Luxembourg ecosystem internationally and facilitating networking.
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Space opportunities: An investor’s point of view
05-07-2021
Venture capitalists looking for promising investment opportunities are increasingly turning their attention to the new space industry. Pierre Festal, Partner at Promus Ventures, spots the trends and points to opportunities in the field.
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Europe’s premier space resources innovation centre
30-06-2021
As of November 2020, Luxembourg is home to the European Space Resources Innovation Centre (ESRIC) – the only innovation centre in the world exclusively focused on space resources utilisation. Fully aligned with the country’s global space policy, the centre stands out for its strong orientation towards industry cooperation.
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A magic place
28-06-2021
AXA Luxembourg CEO Mirjam Bamberger, a Swiss and German national, describes herself as a "European citizen". She has already lived in eight different countries and considers Luxembourg to be "one of the most beautiful".
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Commercial space hub for Europe
24-06-2021
Space is high on the agenda in Luxembourg. Five years after launching the SpaceResources.lu initiative aimed at promoting the exploration and utilisation of space resources, the country has become a confirmed hub for commercial space activities where business can flourish and benefits spill over to other sectors.
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An internet portal for the circular economy
22-06-2021
At the initiative of four ministries, the www.economie-circulaire.lu portal was officially launched on Tuesday 22 June 2021.
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New Luxembourg roadmap for a competitive and sustainable economy
21-06-2021
On 21 June 2021, Minister of the Economy Franz Fayot presented a new roadmap for supporting the transformation of the Luxembourg economy until 2025. The roadmap notably focuses on accelerating digitalisation, facilitating the transition to a circular economy, developing strategic, resilient value chains and fostering a safe, trusted data economy.
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A nation-wide digital twin
18-06-2021
Digitalisation is key to building a smarter and more resilient Luxembourg. Researchers at the Luxembourg Institute of Science and Technology are working on the ambitious project of building a digital twin of the whole country.
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Data ecosystem building blocks
16-06-2021
Luxembourg’s ecosystem supporting the data economy stands out for its completeness and the seamless interaction between its various components. A snapshot of some of the key initiatives.
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Luxembourg and Denmark to build the world’s first energy islands
15-06-2021
Luxembourg and Denmark have decided to join forces in building the world’s first energy islands. These man-made islands off the Danish coast will be connected to hundreds of offshore wind turbines and will provide green electricity to millions of European households. The innovative initiative confirms Luxembourg’s commitment to using offshore wind power.
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Data-driven air cargo innovation
11-06-2021
CHAMP is one of the global leaders in supplying integrated IT solutions to the airfreight community. Energised by Luxembourg’s data economy ecosystem, the company is using cutting edge technologies to develop data-based, innovative cargo services.
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Password security: a Luxembourg start-up holds the key
10-06-2021
Our increasing use of digital tools during the pandemic radically boosts the need for handling their access in a safe, secure way. The open-source password manager developed by Passbolt is riding on the wave. During the past 12 months, the Luxembourg-based start-up has expanded its staff five-fold and closed a funding round of €2 million.
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Leading automotive equipment supplier invests in Motion-S
09-06-2021
Luxembourg mobility data analytics company Motion-S has recently announced a partnership with Group a, a prime automotive equipment supplier and investor in Latin America. The investment will allow Motion-S to expand its product portfolio and strengthen its position on the automotive market.
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Becoming Europe’s most trusted data economy
08-06-2021
Luxembourg pursues its ambition to become a leading data economy, capitalising on its entrepreneurial spirit and internationally recognised strengths in connectivity and security. The country provides a comprehensive, supportive ecosystem where all parties involved work hand in hand to make business flourish and ensure long-term sustainability.
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Luxembourg inaugurates its high performance computer
07-06-2021
Luxembourg’s new high performance computer MeluXina was inaugurated on 7 June 2021. Ranked among the top 30 supercomputers in the world, MeluXina has been designed to meet business needs and is available for use by start-ups and SMEs as well as large international groups.
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Crossroads Magazine: Turning data into value
03-06-2021
Luxembourg is on the road to becoming one of Europe’s most sustainable and trusted data economies. The new edition of Crossroads Magazine takes a deep dive into the opportunities generated for businesses in the new data economy. It also provides an insight into Luxembourg’s role as a European hub for the commercial space industry.
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Luxembourg has the world’s 3rd most resilient economy
03-06-2021
Luxembourg gains four places compared to last year in the 2021 FM Global Resilience Index and ranks 1st in the “economy” category.
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Fit 4 Start #11: 15 companies selected
02-06-2021
15 start-ups from 8 different countries have been selected for participation in the 11th edition of the Fit 4 Start acceleration programme. They will benefit from 6 months of coaching, pre-seed funding and networking activities aimed at facilitating the market launch of the products and services developed by the participants.
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Guardian to invest in new production line in Luxembourg
02-06-2021
High-performance glass manufacturer Guardian has had industrial operations in Luxembourg for over 40 year and employs over 400 people here. The company now reconfirms its commitment to the country by investing in a new production line for float glass.
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Clervaux castle: history, World War II and photography
01-06-2021
One of the most interesting of Luxembourg's many castles is the one in the village of Clervaux. With a history of some 900 years, the castle houses a museum displaying weapons and souvenirs from the second world war and the famous photo exhibition "Family of Man".
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Cebi opens new R&D laboratory in Luxembourg
31-05-2021
Electromechanical components manufacturer Cebi International has opened a new state-of-the-art testing laboratory at its Luxembourg headquarters. The R&D lab is unique of its kind in Luxembourg and the surrounding Greater Region, and is accessible to external private and public users.
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Luxembourg among the top 20 markets for total workforce engagement
28-05-2021
Luxembourg ranks 18th in the 2021 Total Workforce Index measuring the relative ease of sourcing, hiring and retaining both contingent and permanent workforce skills in competing labour markets around the world.
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Enabling space ambitions
25-05-2021
Founded in 2006, microsatellite and integrated services specialist LuxSpace is a pioneer in the Luxembourg space sector. While its top-notch products enable a variety of space missions, the company thrives in the dynamic Luxembourg space ecosystem where public and private organisations cooperate to make space business happen.
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Luxembourg’s Circular by Design Challenge to go international
07-05-2021
The first edition of the Circular by Design Challenge came to an end on 29 April 2021, when the winners were announced by Minister of the Economy Franz Fayot. Its next edition, to be launched in autumn 2021, will be open to international creatives and partner companies.
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Luxembourg passport ranks 4th in global mobility rating
07-05-2021
The Luxembourg passport is placed 4th in the Henley Passport Index, which analyses the number of destinations passport holders can access without the need for a visa.
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EuroHPC headquarters inaugurated in Luxembourg
05-05-2021
Luxembourg hosts the European High Performance Computing Joint Undertaking (EuroHPC JU), a joint initiative of the EU, European countries and private partners with the mission of developing a world-class supercomputing ecosystem in Europe. Its headquarters was officially inaugurated on 3 May 2021.
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Luxembourg’s Product Circularity Data Sheets on the way to becoming an international standard
04-05-2021
Luxembourg is at the forefront of developing data-related standards that will drive the clean technologies of the future. ISO has just decided to make Luxembourg’s Product Circularity Data Sheet (PCDS) initiative a future ISO / NP 59040 standard – a major step forward towards becoming an internationally recognised standard.
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Architecture and art in Kirchberg
03-05-2021
Are you interested in art and architecture? Take a stroll through Luxembourg's business district Kirchberg or join a guided tour to discover modern works of art and contemporary buildings.
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