News
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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Luxembourg passport 4th best in the world
03-11-2020
The 2020 edition of the Henley Passport Index Global Ranking places Luxembourg in 4th place in terms of passport holders’ freedom to travel around the world without having to apply for a visa. Luxem...
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Luxembourg ranks as 2nd most sustainable country in the world
03-11-2020
Using 32 performance indicators across 11 issue categories, the 2020 Environmental Performance Index (EPI) ranks 180 countries on environmental health and ecosystem vitality. According to the study, â...
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Luxembourg acquires Petascale high performance computer
03-11-2020
Following a call for tenders launched by EuroHPC and LuxProvide in January 2020, Atos, a global leader in digital transformation, has been selected to build and maintain the MeluXina HPC. Atos special...
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Minister of the economy Franz Fayot signs the Artemis accords on behalf of Luxembourg at the international aeronautical congress
03-11-2020
The Grand Duchy of Luxembourg became a founding member of the Artemis Accords when Minister of the Economy Franz Fayot signed the Accords on behalf of Luxembourg. The virtual signing took place yester...
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Luxembourg ESAIL’s satellite in orbit
03-11-2020
The first satellite to be developed and assembled in Luxembourg has been put in orbit on September 3rd.  ESAIL was one of 53 satellites on Arianespace’s rideshare adapter for Small Satellites Missi...
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CTI Systems LLC signs contract with COMAC, Nanchang.
03-11-2020
CTI Systems LLC (wholly owned company of CTI Systems S.Ã r.l.), a Luxembourg based leading supplier of integrated automated handling and processing systems, with a focus on heavy and bulky loads, rec...
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Adidas chooses Luxembourg stock exchange to place its first sustainability bond
03-11-2020
On September 29th, Adidas successfully placed its first sustainability bond as the company continues to execute on its long-term sustainability roadmap while at the same time further optimizing its ca...
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Cargolux adds Shenzhen to its global network
03-11-2020
On September 18th, Cargolux announced the launch of a new frequency to Shenzhen, China. The weekly frequency is routed Luxembourg-Bangkok-Shenzhen before returning westbound to Luxembourg via Bangkok ...
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EUR17 billion EU SURE social bond listed on LuxSE
03-11-2020
On October 27th, in the presence of European Commissioner for Budget and Administration Johannes Hahn and Prime Minister of Luxembourg Xavier Bettel, the Luxembourg Stock Exchange (LuxSE) marked the l...
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Find top photo spots in Luxembourg
03-11-2020
For many travellers, photos are the best way of keeping memories and enjoying them long after the end of the trip. Locationscout, a network of passionate photographers and travellers around the world, lists 75 top photo spots not to miss in Luxembourg.
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Facilitating data exchange for innovation
16-10-2020
Data is one of the most precious assets in today’s information society. In a keynote address given at the final of the EU Datathon competition on 15 October 2020, Luxinnovation’s CEO Sasha Baillie spoke about the enormous value that can be derived from data and the need for establishing accessible, high-quality, secure data exchange platforms.
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New Fit 4 Start graduates and participants announced
15-10-2020
Minister of the Economy Franz Fayot and Sasha Baillie, CEO of Luxinnovation, announced on 15 October the names of the 20 start-ups that have been selected for participation in the 10th edition of the Fit 4 Start acceleration programme. The minister also summarised the results of the programme, 5 years after its launch.
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Luxembourg among the first signatories of the Artemis Accords
14-10-2020
Luxembourg became a founding member of the Artemis Accords when Minister of the Economy Franz Fayot signed the Accords on behalf of the country. The objectives of the NASA-led programme include sending the first woman and next man to the surface of the Moon in 2024.
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New Luxembourg Trade & Investment Office opens in Casablanca
06-10-2020
The international network of Luxembourg Trade & Investment Offices (LTIOs) has been extended with a new office in Casablanca, 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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Luxembourg has the world's 5th fastest internet
06-10-2020
According to research designed and compiled by Cable.co.uk, Luxembourg has the world's 5th fastest internet. The mean download speed exceeds the global average by close to 500%.
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Luxembourg among the world's most innovative economies
06-10-2020
Luxembourg ranks the 18th most innovative economy in the world in the 2020 edition of the Global Innovation Index. The country stands out for its ICT access, venture capital deals, knowledge-intensive employment and online creativity.
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Luxembourg top-ranked financial centre in the EU
05-10-2020
The Luxembourg financial centre is ranked number 1 in the European Union, and number 12 in the world, in the new edition of "The Global Financial Centres Index 28".
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Finding business partners for the European market
01-10-2020
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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Luxembourg acquires petascale high performance computer
30-09-2020
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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A Night of Culture in the air
29-09-2020
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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LIST: Towards greener hydrogen
18-09-2020
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
16-09-2020
Irish start-up Modus3 has chosen Luxembourg as its basis for developing and commercialising its enterprise governance platform. 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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10 key technologies shaping the post COVID-19 economy
16-09-2020
The COVID-19 pandemic has changed our ways of living, working, consuming and travelling, and has had a huge impact on companies’ and consumers’ use of technology. Luxinnovation lists 10 key technologies that will play a crucial role in the economy over the months and years to come.
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Luxembourg: maintained AAA rating and stable economic outlook
07-09-2020
Two credit rating agencies, Fitch and DBRS Morningstar, confirmed Luxembourg's AAA rating on 4 September 2020. The two agencies also estimate that the country has the capacity needed to face the economic consequences of the COVID-19 pandemic.
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New information for international companies
04-09-2020
Two new sections on the Luxembourg Trade & Invest website expand the information available and go into more detail about the advantages of doing business in Luxembourg and the support available to companies interested in the Grand Duchy.
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Launch of first high-performance microsatellite of its kind produced and assembled in Luxembourg
03-09-2020
The ESAIL microsatellite for tracking ships worldwide was launched on 2 September 2020. ESAIL is the first satellite of its kind produced and assembled in Luxembourg by LuxSpace, involving a large number of European small and medium-sized enterprises.
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University of Luxembourg among the 250 best in the world
03-09-2020
The Times Higher Education (THE) World University Rankings 2021 once again ranks the University of Luxembourg in the position 201-250 among the top 1,527 universities worldwide.
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Calculating cyber risk: A Luxembourg start-up at the forefront
02-09-2020
As companies’ use of digital technologies increases, so do the associated risks. American start-up Cyberhedge has come to Luxembourg to develop a method for calculating how cyber risk impacts business value, which it hopes will soon become an international standard.
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Visit Luxembourg the virtual way
01-09-2020
Are you longing to be able to travel to new places once again? Why not take a virtual tour to Luxembourg and discover a beautiful and interesting country.
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