News
Business opportunities after COVID-19
19-02-2021
The global crisis brought on by the COVID-19 pandemic will have an enormous impact on the economy and society of the future. The radical interruption of “business as usual” has resulted in huge challenges, but new opportunities also emerge from every crisis.
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Business support in pandemic times
17-02-2021
Crossroads Magazine asked Yuriko Matsuno, Executive Director of the Luxembourg Trade & Investment Office (LTIO) Tokyo, how she and her team support Japanese companies interested in exploring Luxembourg as a business location during the COVID-19 pandemic.
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New Luxembourg strategy for the circular economy
08-02-2021
The Luxembourg government objectives are to accelerate the implementation of the circular economy and to position the country internationally as a centre of expertise in the field.
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An exceptional year for hiking in Luxembourg
05-02-2021
With 5,000 km of signposted trails, Luxembourg is an attractive destination for hiking fans. In 2020, the hiking paths proved to be exceptionally popular.
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Luxembourg among the world’s least corrupt countries
04-02-2021
The Corruption Perception Index is published by NGO Transparency International. The recently published 2020 edition ranks Luxembourg as the 9th least corrupt country in the world.
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Luxembourg receives AAA rating for sustainability by Moody’s
03-02-2021
According to credit rating agency Moody’s, Luxembourg’s solid economic structure has enabled the country to weather the economic consequences of the coronavirus pandemic. The country still has a robust financial situation, a low level of debt, a forward-looking economic policy and a stable political environment.
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The way forward
01-02-2021
When the coronavirus pandemic first hit Western Europe, Luxembourg quickly put health measures in place to protect its population. The country also launched a massive programme to safeguard the economy, followed by a range of measures aimed at stimulating innovation and helping companies become more sustainable and resilient.
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Luxembourg 5th best country to raise a family
29-01-2021
Luxembourg is the 5th best country to raise a family in the world according to a comparative study of international sources. The country performs particularly well in the safety, cost and time categories.
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Start-ups versus COVID-19
29-01-2021
The call for projects "StartupsVsCovid19" offered 15 start-ups financial support of up to €150,000 each to develop innovative technological products and services intended to limit, or even overcome, the economic, health and societal effects of the coronavirus crisis. 5 of them talk about their projects and how they contribute to the fight.
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LIST-Gradel joint lab to produce ultra-lightweight structures for space
27-01-2021
The Luxembourg Institute of Science and Technology (LIST) has announced a new partnership venture with Luxembourg company Gradel to research and produce ultra-lightweight structures for the aeronautics and space industry. The joint lab will produced parts for three European giants in satellite construction: Thales Alenia Space, Airbus Defence and Space, and OHB.
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Luxembourg to open healthtech incubator
22-01-2021
Luxembourg's new business health technologies incubator will open in spring 2021. Hosted at the House of Biohealth in Esch-Belval, it will offer 350 m2 of laboratory space to start-ups and spin-offs during their first 2-3 years of operation.
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A clean, green innovation for industrial concrete floors
22-01-2021
Luxembourg-based Topp & Screed designs and manufactures equipment for the production of concrete industrial floor slabs. Through the innovative implementation of technology developed in the automotive sector, the company is the first in the world to launch a fully electric screed on the market.
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Korean biotech MBD sets up joint research laboratory in Luxembourg
20-01-2021
South Korean MBD is setting up a joint laboratory with the Luxembourg Institute of Health (LIH) and the Integrated Biobank of Luxembourg (IBBL). The laboratory will focus on precision medicine for cancer patients. MBD will also use its new base in Luxembourg to expand its business in Europe.
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Sustainability by design
19-01-2021
What makes a technology truly clean? Specialists at the Luxembourg Institute of Science and Technology (LIST) argue that a holistic perspective, spanning from technology development and production to use and end-of-life treatment, is needed.
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Korean company INFINIQ sets up European headquarters in Luxembourg
12-01-2021
Leading Korean artificial intelligence and machine learning data specialist INFINIQ has announced the establishment of an overseas sales corporation and its European headquarters in Luxembourg. This decision has been facilitated by the Luxembourg Trade and Investment Office (LTIO) in Seoul and by Luxinnovation.
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Luxembourg hosts 2021 Cleantech Forum Europe
11-01-2021
Luxembourg is the hosting partner of 2021 Cleantech Forum Europe, a major international event in the field of clean technologies. The virtual conference, which takes place on 12-14 January 2021, is an excellent opportunity to showcase Luxembourg’s commitment to sustainability and cleantech to national and international companies.
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Building a sustainable economy
08-01-2021
Internationally renowned for its strong economic performance, Luxembourg has a determinedly green outlook towards the future. Crossroads Magazine spoke to Minister of the Economy Franz Fayot about his vision for combining successful economic development with long-term sustainability.
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10 most read Trade & Invest articles in 2020
05-01-2021
Luxembourg’s performance in international studies, business support and market trends during the COVID-19 pandemic, and how to set up a business in the Grand Duchy: here are the articles you most enjoyed reading in 2020.
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Web Summit: Startup Luxembourg side event draws full house
17-12-2020
A side event organised by Startup Luxembourg at renowned technology conference Web Summit 2020 in Lisbon, Portugal, attracted numerous participants interested in the Luxembourg start-up ecosystem. Several international start-ups shared their reasons for choosing Luxembourg as their home.
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A diverse, connected ecosystem for mobility innovation
16-12-2020
Digital technologies are transforming mobility in a way that impacts not only the automotive industry, but society as a whole. Luxembourg offers mobility innovators a real life laboratory at the heart of Europe where they can test new solutions and refine them for the European market.
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A standard for circular products
14-12-2020
Clean technologies and the circular economy are central themes in Luxembourg’s strategy for data-driven innovation. The country is at the forefront of developing data-related standards that will drive the clean technologies of the future.
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Maximising aircraft life and value – the sustainable way
04-12-2020
Reducing the environmental impact of air transportation is crucial. Luxembourg-based Vallair is rising to the challenge with its innovative approach to giving new life to mature aircraft. Having recently delivered the world’s first passenger Airbus A321 converted into a cleaner and more efficient freighter, the company is designing solutions that are both economically attractive and environmentally sustainable.
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New Crossroads Magazine highlights Luxembourg business opportunities
03-12-2020
The first edition of Crossroads Magazine, the new international publication from Luxembourg Trade & Invest, has just been released. It highlights the technological excellence and innovation potential of the Luxembourg economy. The first issue focuses on clean technologies and market trends and new opportunities in the post COVID-19 economy.
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5 things to know about cybersecurity in Luxembourg
02-12-2020
A strong national cybersecurity ecosystem is a key pillar for developing Luxembourg’s trusted and secure data-driven economy. A new study by SECURITYMADEIN.LU and Luxinnovation provides five key insights into the strengths and unique characteristics of Luxembourg’s cybersecurity ecosystem.
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MushRooming eco home
01-12-2020
2020 has been the year of the “staycation” and, for many, the opportunity to enjoy unexpected adventures and beautiful spots.
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Luxembourg to start real life testing of an international standard for a digital circularity fingerprint for products
30-11-2020
The Ministry of the Economy just launched phase two of the development of an international standard for circular products. It provides information on the circularity of products to all stakeholders involved along their value chains. A first viable version of the standard is being tested in real life, allowing to identify the most suitable governance model, the audit scheme and reliable IT systems for its management.
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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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