News
Luxembourg 7th most resilient economy in the world
02-07-2019
Published by FM Global, the Global Resilience Index is designed to help chief financial officers (CFOs) and other business leaders choose resilience as they manage their own risk and site facilities, ...
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Luxembourg ranks 2nd in EU for digital connectivity
02-07-2019
The Digital Economy and Society Index (DESI) is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU member states in digital competit...
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Luxembourg is second most productive economy
02-07-2019
A recent study from the think tank The Conference Board ranks Luxembourg as the second most productive mature economy in the world. With a GDP per hour worked of $93.6, Luxembourg shows the second hig...
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Luxembourg: best passport
02-07-2019
For the second consecutive year, the Luxembourg passport has been listed as the best in the world by the Nomad Passport Index. Luxembourg comes out on top in the Nomad Passport Index developed by cons...
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Light Communications Alliance formed in Luxembourg
02-07-2019
The Light Communications Alliance was created on June 25th in Luxembourg. Global leaders in the communications, lighting, infrastructure and device manufacturing industries announce that they have for...
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Luxembourg supercomputer Meluxina will support digital transformation
02-07-2019
On 14th June 2019, Deputy Prime Minister and Minister of the Economy Étienne Schneider, Deputy Director-General for Communications Networks, Content and Technology of the European Commission Khalil R...
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Walmart China Teams with VeChain, PwC on Blockchain Food Safety Platform
02-07-2019
On June 25th, in combination with Walmart China, China Chain-Store & Franchise Association (CCFA), PwC, Inner Mongolia Kerchin Co., Ltd., and VeChain, the Walmart China Blockchain Traceability Pla...
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ArcelorMittal and Ceratizit granted access to university supercomputer
02-07-2019
This is the first time that private businesses are given access to the university’s high performance computing (HPC) centre. “The service contracts have three main pillars: The companies are grant...
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Thales Alenia Space to create a Digital Centre of Excellence in Luxembourg
02-07-2019
The Digital Centre of Excellence of Thales Alenia Space – a joint venture between Thales (67%) and Leonardo (33%) – is expected to be operational in Luxembourg by end of year 2019. “With this ne...
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Kleos Space gets one million euro government grant
02-07-2019
Kleos, which was founded in 2017, develops satellites to create data that can be used by governments, intelligence agencies and businesses. The satellite developer has received a €1 million grant fr...
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Euro-Composites will invest €160 million in Luxembourg
02-07-2019
Euro-Composites will extend its production halls and administrative buildings on the Echternach site and acquire new state-of-the-art equipment during the period 2020-2030. The strongly research and i...
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Beijing opera for Bank of China’s 40th
02-07-2019
Bank of China formally celebrated its 40 years in Luxembourg on Thursday evening at the Grand Théâtre, where guests were treated to a four-piece performance by the Jingju Theater Company of Beijing....
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TusPark invests in Chinese-Luxembourg Fintech
02-07-2019
On April 26th, TusPark launched its “China-Luxembourg Innovation Investment Fund”, at the Banque Internationale à Luxembourg. During the launch ceremony, TusPark announced the creation of an ...
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Working visit of Luxembourg Minister of Sports in Shanghai
02-07-2019
H.E. Mr. Dan Kersch, Minister of Sports, paid a working visit to the People’s Republic of China from June 18 to 22, 2019.
Minister Kersch had a meeting with the Vice Mayor of Shanghai, Mr. CHEN ...
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Visit of Luxembourg Deputy PM and Minister of Justice in China
02-07-2019
H.E. Mr. Félix Braz, Deputy Prime Minister and Minister of Justice paid a working visit to the People’s Republic of China from June 9 to 13, 2019.
On Monday 10th, Mr. Braz met with Mr. Fu Zheng...
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Luxembourg to process big data for improved road safety
28-06-2019
In June 2019, the EU Data Task force launched “Data for Road Safety”. Luxembourg will manage, process and aggregate big data to be used for issuing safety-relevant traffic information to road users.
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Luxembourg has Europe’s most attractive research system
26-06-2019
Luxembourg’s overall innovation performance ranks 5th in the 2019 edition of the EU’s European Innovation Scoreboard. The country comes out on top in the sub-category Attractive research systems.
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Luxembourg at the heart of Japan Expo
26-06-2019
For two years, Japan Expo, the largest European meeting place for Japanese cultural enthusiasts, has been calling on a Luxembourg start-up to create and run the official stand of the event.
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Very convincing start-ups recognised at the Fintech Awards
24-06-2019
The 4th edition of the Fintech Awards recognised the Luxembourg start-up Tokeny, which uses blockchain to issue security tokens. Microinsurance, cybersecurity and artificial intelligence were also highlighted in a pitch competition which was impressive for its quality.
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Ujet-MTX: a connected collaboration
21-06-2019
Ujet has partnered with mobile solutions provider MTX Connect in order to give a new dimension to its electric scooters. Through this partnership, the scooters will soon have the same connectivity configuration everywhere, regardless of the geographical area in which they are located.
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Anote, music and new technologies
21-06-2019
The start-up ANote, which proposes to link financial markets and the music industry using blockchain, won the Luxinnovation special prize at the ICT Spring Pitch Your Startup competition in May.
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Luxembourg ranks 2nd in EU for digital connectivity
21-06-2019
According to the EU’s 2019 Digital Economy and Society Index (DESI), Luxembourg ranks among the top 3 EU countries in digital connectivity as well as in human resources.
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Thales Alenia Space to create a Digital Centre of Excellence in Luxembourg
19-06-2019
The Digital Centre of Excellence that Thales Alenia Space will set up in Luxembourg will focus on the development of highly innovative digital solutions for space telecommunications and observation products. A Letter of Intent with the Luxembourg Ministry of the Economy was signed on 18 June 2019.
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Luxembourg supercomputer Meluxina will support digital transformation
17-06-2019
The future high performance computer (HPC) will be part of the European HPC network, EuroHPC.
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Euro-Composites will invest €160 million in Luxembourg
13-06-2019
Composite materials specialist Euro-Composites will invest €160 million in its Luxembourg site in Echternach. The investment programme is supported by the government, the town of Echternach and the state-owned bank Société nationale de crédit et d'investissement (SNCI).
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Luxembourg will host world-class high performance computer
07-06-2019
Luxembourg has been selected to host one of the high performance computers set up under the aegis of the European High Performance Computing Joint Undertaking (EuroHPC). The Luxembourg supercomputer will primarily be used to meet business needs, in particular those of SMEs and start-ups.
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Luxembourg logistics solutions showcased at Transport Logistic fair
07-06-2019
Ideally located in-between several major European consumer markets, Luxembourg provides global companies with many strategic advantages for conducting their business in, from and to Europe. These advantages, as well as developments to further enhance the competitiveness of the country’s logistics solutions, were highlighted at the Transport Logistic fair in Munich on 4-7 June 2019.
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Luxembourg Space Agency publishes new space directory
05-06-2019
The 2019 Space Directory published by the Luxembourg Space Agency provides an up-to-date and in-depth picture of the space industry in Luxembourg today and invites potential partners from abroad to explore the rich potential for research and business relationships.
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Luxembourg 12th most competitive economy
29-05-2019
The IMD World Competitiveness Ranking 2019 classifies Luxembourg as the 12th most competitive economy in the world. The country ranks particularly high in terms of economic performance.
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Luxembourg 7th most resilient economy
29-05-2019
Luxembourg ranks 7th in the recently published 2019 Global Resilience Index. In the sub-category of economic resilience, the country comes out 2nd among the 130 countries studied.
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