News
Sustainability by design
19-01-2021
What makes a technology truly clean? Specialists at the Luxembourg Institute of Science and Technology (LIST) argue that a holistic perspective, spanning from technology development and production to use and end-of-life treatment, is needed.
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Korean company INFINIQ sets up European headquarters in Luxembourg
12-01-2021
Leading Korean artificial intelligence and machine learning data specialist INFINIQ has announced the establishment of an overseas sales corporation and its European headquarters in Luxembourg. This decision has been facilitated by the Luxembourg Trade and Investment Office (LTIO) in Seoul and by Luxinnovation.
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Luxembourg hosts 2021 Cleantech Forum Europe
11-01-2021
Luxembourg is the hosting partner of 2021 Cleantech Forum Europe, a major international event in the field of clean technologies. The virtual conference, which takes place on 12-14 January 2021, is an excellent opportunity to showcase Luxembourg’s commitment to sustainability and cleantech to national and international companies.
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Building a sustainable economy
08-01-2021
Internationally renowned for its strong economic performance, Luxembourg has a determinedly green outlook towards the future. Crossroads Magazine spoke to Minister of the Economy Franz Fayot about his vision for combining successful economic development with long-term sustainability.
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10 most read Trade & Invest articles in 2020
05-01-2021
Luxembourg’s performance in international studies, business support and market trends during the COVID-19 pandemic, and how to set up a business in the Grand Duchy: here are the articles you most enjoyed reading in 2020.
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Web Summit: Startup Luxembourg side event draws full house
17-12-2020
A side event organised by Startup Luxembourg at renowned technology conference Web Summit 2020 in Lisbon, Portugal, attracted numerous participants interested in the Luxembourg start-up ecosystem. Several international start-ups shared their reasons for choosing Luxembourg as their home.
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A diverse, connected ecosystem for mobility innovation
16-12-2020
Digital technologies are transforming mobility in a way that impacts not only the automotive industry, but society as a whole. Luxembourg offers mobility innovators a real life laboratory at the heart of Europe where they can test new solutions and refine them for the European market.
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A standard for circular products
14-12-2020
Clean technologies and the circular economy are central themes in Luxembourg’s strategy for data-driven innovation. The country is at the forefront of developing data-related standards that will drive the clean technologies of the future.
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Maximising aircraft life and value – the sustainable way
04-12-2020
Reducing the environmental impact of air transportation is crucial. Luxembourg-based Vallair is rising to the challenge with its innovative approach to giving new life to mature aircraft. Having recently delivered the world’s first passenger Airbus A321 converted into a cleaner and more efficient freighter, the company is designing solutions that are both economically attractive and environmentally sustainable.
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New Crossroads Magazine highlights Luxembourg business opportunities
03-12-2020
The first edition of Crossroads Magazine, the new international publication from Luxembourg Trade & Invest, has just been released. It highlights the technological excellence and innovation potential of the Luxembourg economy. The first issue focuses on clean technologies and market trends and new opportunities in the post COVID-19 economy.
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5 things to know about cybersecurity in Luxembourg
02-12-2020
A strong national cybersecurity ecosystem is a key pillar for developing Luxembourg’s trusted and secure data-driven economy. A new study by SECURITYMADEIN.LU and Luxinnovation provides five key insights into the strengths and unique characteristics of Luxembourg’s cybersecurity ecosystem.
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MushRooming eco home
01-12-2020
2020 has been the year of the “staycation” and, for many, the opportunity to enjoy unexpected adventures and beautiful spots.
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Luxembourg to start real life testing of an international standard for a digital circularity fingerprint for products
30-11-2020
The Ministry of the Economy just launched phase two of the development of an international standard for circular products. It provides information on the circularity of products to all stakeholders involved along their value chains. A first viable version of the standard is being tested in real life, allowing to identify the most suitable governance model, the audit scheme and reliable IT systems for its management.
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Digital Luxembourg trade mission to China
30-11-2020
The Luxembourg Chamber of Commerce, in association with the Ministry of the Economy, the Luxembourg Trade & Investment Office (LTIO) in Shanghai and the China Construction Bank, organised the first digital trade mission to China on 23-26 November 2020. 180 participants from China and Luxembourg joined to learn more about opportunities for digital business in both countries.
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Luxembourg: top country for English skills
26-11-2020
Luxembourg is one of the 12 countries in the world that have very high skills in English as a foreign language, according to the 2020 EF English Proficiency Index.
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Luxembourg 3rd in World Talent Ranking
20-11-2020
Luxembourg comes out 3rd in the 2020 World Talent Ranking, which is an improvement with two places compared to the previous year. The country notably stands out for its ability to attract and retain talent and the availability of foreign highly-skilled personnel.
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Luxinnovation and Invest India join forces
19-11-2020
Luxinnovation signed a Memorandum of Understanding on18 November with Invest India, India's national investment promotion and facilitation agency. This partnership, which was signed in the context of the virtual bilateral summit between the Prime Minister of Luxembourg, H.E. Xavier Bettel and the Prime Minister of India, H.E. Narendra Modi, aims to increase inbound investment in India and Luxembourg.
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Luxembourg teams up with ESA to create a unique European Space Resources Innovation Centre
18-11-2020
Luxembourg just entered a strategic partnership with the European Space Agency (ESA) to create a European Space Resources Innovation Centre (ESRIC). Unique of its kind, ESRIC aims to become an internationally recognised centre of expertise for scientific, technical, business and economic aspects related to the use of space resources for human and robotic exploration, as well as for a future in-space economy.
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Luxembourg: A future testbed for a digital event solution?
16-11-2020
The COVID-19 pandemic has radically increased the use of digital and hybrid events, and the Luxembourg events industry is looking to develop new digital events solutions. Speaking at the 59th ICCA (International Congress and Convention Association) Congress, Luxinnovation’s CEO Sasha Baillie highlighted the advantages of Luxembourg as a testbed for an integrated, data-driven events solution.
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LTIO visits Hefei High-tech Industrial Development Zone
06-11-2020
From October 22nd to 23rd, the Luxembourg Trade and Investment office paid visit to Hefei, provincial capital of Anhui. The visit consisted of meetings with local and provincial officials from the for...
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Luxembourg stand at 2020 “European Cultural Street”
03-11-2020
On October 24th, the consulate general of Luxembourg in Shanghai participated to the “European Cultural Street Market” event which is one of the two-year “Indulge in Europe” series of event in...
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Luxembourg – China strengthen ties at Air Silk Road forum
03-11-2020
On the occasion of the second air silk road international forum held in Beijing on September 8th , Luxembourg Consul General, Vincent Hieff, gave a speech reaffirming the Sino-Luxembourg collaboration...
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University of Luxembourg among the 250 best in the world
03-11-2020
In spite of its young age – it was founded as late as 2003 – the University of Luxembourg has once again been ranked in the position 201-250 by the prestigious Times Higher Education (THE) World U...
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University launches partnership with start-up on smart mobility
03-11-2020
Silicon Valley-based start-up Civil Maps has developed a unique, scalable high definition, 3D mapping and localization solution suitable for routing autonomous vehicles. In 2019, the company set up it...
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Luxembourg: maintained AAA rating and stable economic outlook
03-11-2020
The AAA rating by Fitch and DBRS Morningstar confirms once again the soundness and stability of the Luxembourg economy. The two rating agencies highlight the country’s significant budgetary room f...
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Luxembourg among the world’s most innovative economies
03-11-2020
Luxembourg ranks 18th in the Global Innovation Index 2020, thus maintaining its position of last year. Co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIP...
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Luxembourg top-ranked financial center in the EU
03-11-2020
Luxembourg has once again been ranked as a leading European and global financial centre according the latest edition of the Global Financial Centres Index 28. The index is published by China Developme...
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Luxembourg 3rd best city for expats
03-11-2020
Luxembourg City is in 3rd place in AIRINC’s 2020 Global 150 Cities Index, which lists cities that offer an attractive combination of high salaries, low taxes and costs, and an attractive quality of ...
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Luxembourg has the world’s 5th fastest internet
03-11-2020
With a mean download speed of 118.05 bps, Luxembourg has the 5th fastest internet in the world. This is the conclusion of Cable.co.uk, a UK website that helps consumers compare broadband and phone pac...
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