News
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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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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Business strategies: Capitalising on post-pandemic market trends
27-08-2020
The COVID-19 pandemic is expected to have a profound impact on business strategies. Luxinnovation predicts that changes in consumption patterns, the emergence of new forms of entertainment and tourism, the increased importance of remote working and new forms of innovation spurred by the crisis will lead to new business models and opportunities.
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Fit 4 Start goes fully digital
21-08-2020
After having been postponed in spring due to the COVID-19 crisis, the Luxembourg flagship accelerator programme is back with an autumn edition that will combine a digital selection process with face-to-face coaching.
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Becoming resilient in the face of future crises
19-08-2020
Although COVID-19 is far from the first economic crisis to impact our society, its depth and breadth has brought the issue of resilience and being prepared high in the public conscience. Sara Bouchon, Head of Market Intelligence at Luxinnovation, and Mohamed Toumi, Market Intelligence Analyst, speak about resilience as one of the main market trends that will impact the economy in the years to come.
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Rebuilding the economy for a sustainable future
13-08-2020
Sustainability is one of the major market trends identified by Luxinnovation that will shape the post COVID-19 economy. Head of Market Intelligence Sara Bouchon speaks about how the increased awareness of sustainability issues brought by the coronavirus crisis will influence both policy makers’ choices and consumers’ preferences in the next few years.
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How digitalisation will drive growth and transform society
12-08-2020
Digitalisation is one of the four megatrends identified by Luxinnovation that will radically transform business and society after the COVID-19 crisis. Market Intelligence Analyst Mohamed Toumi provides insights into how companies will need to transform their activity in the coming years to retain a competitive edge.
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Luxembourg will host European space resources innovation centre
11-08-2020
A cooperation agreement was signed between the Luxembourg Space Agency (LSA) and the Luxembourg Institute of Science and Technology (LIST) aimed at creating a European Space Resources Innovation Centre (ESRIC) in Luxembourg by the end of 2020.
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Luxembourg passport 4th best in the world
27-07-2020
Luxembourg passport holders are among those that have the most freedom to travel in the world. They can access 188 different countries without having to apply for a visa in advance.
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Luxembourg 3rd best city for expats
22-07-2020
Luxembourg City ranks 3rd in the world among the most attractive locations for expatriates. The ranking focuses on financial aspects and lifestyle.
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