News
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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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, ...
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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.à 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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