News
Luxembourg’s rise to 2nd place in the IMD talent ranking
17-11-2023
In the 2023 IMD World Talent Ranking (WTR), Luxembourg moved up five spots to the second position. Its new ranking was influenced by its “strong performance” in the development of homegrown talents and access to an international talent pool.
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Crossroads Magazine: Data-driven healthtech innovation in Luxembourg
15-11-2023
Hot off the press, the latest edition of Crossroads Magazine focuses on data-driven innovation in the field of health technologies. A series of articles to be published over the coming weeks will provide insights about Luxembourg’s unique model for building a strong ecosystem where innovative healthtech companies can flourish and grow in the European and global markets.
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Local partnerships, international reach
14-11-2023
The global operations of Ferrero, one of the world’s biggest chocolate producing and confectionery companies, is managed from its headquarters in Luxembourg. The Grand Duchy also hosts the group’s innovation centre that coordinates Ferrero’s extensive R&D and open innovation activities.
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Poly Diagnostics looks to consolidate its position in the IVD market at Medica
13-11-2023
Poly Diagnostics, a Fit 4 Start graduate, will be part of the Luxembourg delegation at the Medica trade fair in Düsseldorf from 13 to 16 November. Myroslav Gebura, the company's founder, believes that its presence at the exhibition will help to solidify its position in the In-Vitro Diagnostics (IVD) industry.
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Luxembourg retains top position in global talent hierarchy
10-11-2023
In the 2023 Global Talent Competitiveness Index released on 7 November by business school INSEAD, Luxembourg retained its overall 11th position and 1st position under the talent attraction pillar.
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Abraca BioSystems: open for business at Medica
09-11-2023
Abraca BioSystems, a manufacturer of innovative separation and purification solutions for a wide range of industrial applications, including in pharma and biotech, will be part of the Luxembourg delegation at the Medica trade fair in Düsseldorf from 13 to 16 November.
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Luxembourg companies at Medica: Husky Technologies
07-11-2023
Husky Technologies is one of the companies exhibiting at the Luxembourg pavilion during the Medica medical technology trade fair in Düsseldorf from 13 to 16 November. Thomas Bontempi, Head of Medical Business Development, explains the objective of their participation.
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Luxembourg ranks #1 in Europe for work-life balance
30-10-2023
The 2023 European Life-Work Balance Index by Remote ranks Luxembourg as the best country in Europe for work-life balance.
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“A strategic move”
25-10-2023
In early 2023, international business consulting firm Maycode opened its EU office in Luxembourg. The choice of location was natural as the financial industry is one of its main target markets, but the company also considers the central location and exceptional international openness of the Grand Duchy as strategic assets for its future development.
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Luxembourg Venture Days 2023 a success
20-10-2023
The first edition of the Luxembourg Venture Days attracted no less than 450 participants from the Grand Duchy and abroad who are passionate about Luxembourg’s dynamic start-up ecosystem. Entrepreneurs, investors and support players could network, attend panels and workshops, listen to pitches and be the first to discover the lucky start-ups selected for the 14th edition of acceleration programme Fit 4 Start.
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20 start-ups selected for the Fit 4 Start programme
20-10-2023
The names of the 20 start-ups selected for participation in the 14th edition of the Fit 4 Start acceleration programme were officially unveiled at the Luxembourg Venture Days 2023. This flagship event of the ecosystem was organised from 17 to 19 October 2023 by Luxinnovation and its partners.
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US startup Lyten to establish European headquarters in Luxembourg
12-10-2023
Silicon Valley startup Lyten signed a memorandum of understanding to establish its European headquarters in Luxembourg during the annual Automotive Day event.
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Connecting with strategic partners
11-10-2023
International companies interested in exploring Luxembourg as a potential European location can count on the support of the Luxembourg Trade and Investment Offices (LTIOs). We spoke to Paul Steinmetz, Executive Director of LTIO New York, about what attracts US companies to Luxembourg and business synergies between the two countries.
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Luxembourg and Korean SK Telecom to exchange on quantum expertise
05-10-2023
The Luxembourg government has signed a memorandum of understanding with South Korean quantum technologies leader SKT aimed at cooperation in the field of quantum technologies.
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Enjoy the wine festivals along Luxembourg’s scenic Moselle valley
04-10-2023
Wine festivals along the Luxembourg Moselle River are a popular and delightful way to experience the region's rich wine culture.
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Luxembourg’s population is one of the youngest in the entire EU
02-10-2023
According to the EU’s statistics agency Eurostat, the average age is under 40 surpassed only by Cyprus and Ireland.
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Serveto expands its European presence with new subsidiary in Luxembourg
28-09-2023
Earlier this year, Serveto incorporated a subsidiary in Luxembourg. With almost 70 years of expertise in providing versatile logistics solutions across Europe, it now also prides itself in being the first Spanish transporter to acquire and register trucks in the Grand Duchy.
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EU innovation performance continues to improve
26-09-2023
In the 2023 edition of the EU’s Innovation Scoreboard, Luxembourg maintains its position as a strong innovator performing above the EU average with a score of 117.2% and with a 1% improvement compared to 2022. The country is placed in the category of strong innovators.
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Luxembourg among the world's top 20 most liveable cities
25-09-2023
In the 2023 edition of the Global Liveability Index of the most liveable cities, Luxembourg came out 19th worldwide and 8th within the European cities cited.
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ESRIC Start-up Support Programme welcomes the five new ventures
19-09-2023
Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
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“Luxembourg exceeds my expectations”
12-09-2023
Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
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New law introduced in Luxembourg to facilitate the hiring of skilled labour
05-09-2023
The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
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"Supporting the development of the start-up ecosystem in Luxembourg"
24-08-2023
Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
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Inflation in Luxembourg continues to rank among the EU’s lowest
22-08-2023
Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
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Schueberfouer: Luxembourg’s biggest funfair and unique cultural experience
17-08-2023
Schueberfouer, the biggest funfair in Luxembourg and the surrounding Greater Region, attracts millions of visitors from near and distant corners of Europe and the world annually. The history of this spotlight event is as intriguing as its unique cultural offering in Europe.
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CO2 emissions drop by -12% in Luxembourg: second best record in the EU
03-08-2023
Eurostat’s latest estimates indicate that in 2022, the EU collectively achieved a 2.8% decrease in CO2 emissions from fossil fuel combustion compared to the previous year. Luxembourg recorded the second biggest reduction in CO2 emissions among EU countries.
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Luxembourg’s passport remains one of the best in the world
21-07-2023
According to the most recent global ranking by the Henley Passport Index, the Grand Duchy of Luxembourg's passport remains one of the world's strongest with easy access to 189 destinations worldwide.
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Understanding the market: the number 1 success factor
17-07-2023
What is the main key to success for mobility innovators targeting Europe? Luxembourg smart mobility expert Joost Ortjens and Daphna Brunshtein-Frucht from the Luxembourg Trade & Investment Office in Tel Aviv speak about the importance of understanding the complex European market and investing in having people on the ground who can work together with multiple customers and optimise technology products to meet clients’ real needs.
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