News
NVIDIA and Luxembourg Government announce cooperation on Artificial Intelligence and High Performance Computing
18-07-2018
NVIDIA and the Grand-Duchy of Luxembourg have established a cooperation to support scientists and engineers in solving society’s most important challenges using artificial intelligence and high pe...
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Luxembourg and Shanghai exchanges connect issuers and international investors through new green bond channel
18-07-2018
The Luxembourg Stock Exchange (LuxSE) has launched a Green Bond Channel in partnership with the Shanghai Stock Exchange (SSE).
The cooperation between the two exchanges focuses on providing relevant i...
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The world’s first legal framework for green covered bonds
18-07-2018
The law, which entered into force on July 1st, establishes the legal framework for a new type of covered bond to finance the generation of renewable energies. This is the first law globally to establi...
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Lemanik expands to Hong Kong
18-07-2018
Lemanik Asset Management S.A, the Luxembourg based Management Company and AIFM with presence in Dublin and Milan , has announced the appointment of Mr Alessandro Silvestro as Managing Director Asia ...
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Henan Bonded Center launches European pilot project for cross-border e-commerce in Luxembourg
18-07-2018
The Luxembourg Ministry of Economy and the Henan Imported Materials Public Bonded Center (HIMPBC) have signed an MoU to implement a pilot project for cross- border e-commerce trade in Europe.
The si...
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Legend Holding gets regulatory green light for BIL purchase
18-07-2018
The Chinese investment group Legend Holdings has received the green light from regulators for its purchase of Banque Internationale à Luxembourg (BIL).
Both the Luxembourg financial watchdog, the Com...
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Secretary General of the Communist Party of Henan Province, Wang Guosheng, Working visit to Luxembourg
18-07-2018
Mr. Wang Guosheng, Secretary General of the Communist Party (of China) of Henan Province, paid a working visit to Luxembourg from 9 to 11 July 2018.
He was welcomed by the Prime Minister, Minister of ...
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Luxembourg ranked 2nd worldwide in the latest 2018 Innovation efficiency ratio
12-07-2018
The major Global Innovation Index strengths of Luxembourg are the Innovation Efficiency Ratio, where the country ranks 2nd in the world, and the Innovation Output Sub-index, positioning Luxembourg 4th globally.
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ICT and health tech start-ups: Apply now for Fit 4 Start
09-07-2018
Are you launching a start-up and determined to succeed? Luxembourg’s acceleration programme Fit 4 Start offers you intensive coaching, attractive pre-seed funding and access to key networks. The next edition will accept 10 start-ups in the field of ICT and another 5 specialising in health technologies.
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CarPay-Diem mobile payment solution spotted by Volkswagen
06-07-2018
Created two years ago, Luxembourg start-up CarPay-Diem offers a mobile payment solution for the (many) motorists who refuel at petrol stations. The company was discovered by the German group Volkswagen during the last Cebit trade fair in Hanover, and has, as a result, been offered a six-month stay at Die Gläserne Manufaktur, the group’s innovation incubator based in Dresden.
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Luxembourg industry investments create dynamic job market
06-07-2018
Numerous industrial groups in Luxembourg are currently investing in future-oriented technologies and smart factories. As a result, the national job market abounds with interesting opportunities for scientists and engineers as well as for skilled technicians and machine operators.
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Luxembourg offers 5th best purchasing power in the world
26-06-2018
Luxembourg City ranks in 5th place in a recent study of global purchasing power. This is in particular due to high earning levels.
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EU Innovation Scoreboard 2018: Luxembourg is innovation leader
25-06-2018
Luxembourg is, for the first time, listed among the six "Innovation leaders" in this year's edition of the European Innovation Scoreboard. The country's strongest innovation factors are its attractive research system and its intellectual assets.
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Luxembourg to host European HPC headquarters
25-06-2018
Luxembourg will host EuroHPC, the joint structure for the European project of strategic interest on high performance computing (HPC). This was definitely decided by the European Commission on 25 June 2018.
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Luxembourg celebrates National day in Shanghai!
23-06-2018
On the occasion of the Luxembourg National Day, the Luxembourg Consulate in Shanghai hosted a reception on June 22nd .
This year’s National Day had an additional touch, as a special guest from Luxem...
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Working and living in Luxembourg
22-06-2018
Luxembourg for Finance portrayed the life of 9 expat professionals of the Finance sector that came to work in Luxembourg.
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Luxembourg the second most resilient economy in the world
19-06-2018
Luxembourg ranks second place in a recent study of the world’s most resilient economies. The country scores highly for its economic productivity, political stability, low corruption levels and low exposure to natural hazards.
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Luxembourg offers best work/life balance in the world
19-06-2018
Luxembourg comes out on top in a recent study of cities in the world that offer employees the best working conditions. The average salary, working hours and paid vacation days puts Luxembourg on top of a list dominated by European cities.
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DuPont invests $400 million in its Luxembourg facility
18-06-2018
On June 4th, DuPont Safety & Construction, a business unit of DowDuPont Specialty Products Division, announced plans to invest more than $400 million to expand capacity for the manufacture of Tyve...
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Automotive sector going digital
11-06-2018
“Mobility is at a historical turning point,” said Deputy Prime Minister and Minister of the Economy Etienne Schneider in his opening address and referred to disruptive innovations such as autonomous d...
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DuPont invests $400 million in its Luxembourg facility
06-06-2018
WILMINGTON, Del., June 4, 2018 – DuPont Safety & Construction, a business unit of DowDuPont Specialty Products Division, today announced plans to invest more than $400 million to expand capacity f...
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Luxembourg the world’s 11th most competitive economy
29-05-2018
The ranking, which is established by IMD World Competitiveness Center, is based on 260 different indicators grouped together in four main categories: economic performance government efficiency busines...
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Luxembourg and France: Natural partners
25-05-2018
France and Luxembourg share 73 km of borders but are much more than just geographical neighbours. Mrs Martine Schommer, the Luxembourg ambassador in France, underlined this in her welcome address. “Al...
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Minister of the Economy meets with key US companies in Luxembourg
22-05-2018
On 14 May 2018, Étienne Schneider met the senior management of the Guardian group, which has a strong presence in Luxembourg due to its two float glass production units in Bascharage and in Dudelange ...
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Luxembourg in the top 5 of digital economies
22-05-2018
DESI is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States in digital competitiveness. The DESI report tracks the progre...
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Best year in history for Cargolux Group
18-05-2018
Market demand remained high throughout 2017 resulting in the airline generating a record 131,212 block hours, a 7% increase compared to the previous year. Accordingly aircraft utilization remained hig...
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Connecting international start-ups with Luxembourg business
17-05-2018
“We are ready to expand our business in Europe, and Luxembourg is right at the centre. That is why I’m here,” says Sera Kwak, engineer at Korean company MINDs Lab. “We offer an artificial intelligence...
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