News
Luxembourg ranks as 2nd most sustainable country in the world
06-07-2020
The 2020 Environmental Performance Index (EPI) considers Luxembourg as the world’s 2nd most sustainable country in its analysis of sustainability around the world.
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Using space power technology for clean energy on Earth
06-07-2020
Maana Electric has developed a revolutionary technology for producing solar panels from sand. Attracted to Luxembourg by the country’s drive to support the new space sector, the start-up is developing a cost-effective and clean way of producing solar energy that can be used on Earth as well as in space.
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How to set up a business in Luxembourg: 8 simple steps
03-07-2020
A new version of the brochure "How to set up a business in Luxembourg" has just been released. The guide provides practical information for international company executives on business permits, legal forms, immigration, financing, taxation and social security as well as on settling down and education in Luxembourg.
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Coronavirus: Impact on the Luxembourg economy
03-07-2020
In line with large parts of the world, the coronavirus epidemic and the related lockdown measures put in place in Luxembourg have considerably impacted the country’s economy. The government has mobilised massive resources to support business, and the national statistics institute forecasts that the 2020 recession will be followed by substantial growth in 2021.
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Luxembourg: Effective management of the COVID-19 health crisis
02-07-2020
A total of 110 coronavirus-related deaths, no new COVID-19 victims since 26 May and, in spite of massive testing, new infections detected per day since mid-May counted in single or double digit numbers: Luxembourg seems to have been successful in its attempts to curb the epidemic.
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Take your bike to Luxembourg this summer
01-07-2020
Luxembourg might be a small country, but it has a wide variety of nature with breath-taking scenery that can best be enjoyed by foot or by bike. Several initiatives make it even more fun and easy to discover Luxembourg by bicycle this summer.
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Luxembourg one of Europe’s innovation leaders
26-06-2020
The European Innovation Scoreboard, published by the European Commission, ranks Luxembourg among the EU’s innovation leaders. The main reason is the country’s attractive and efficient research ecosystem.
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European DESI Index: Luxembourg in 10th position
12-06-2020
The Digital Economy and Society Index (DESI), measured by the European Commission since 2014, is a good indicator of the progress made by Member States in the digital domain. Luxembourg is well above the European average, particularly in the area of connectivity where it ranks 3rd.
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Cost of living: Luxembourg remains affordable
11-06-2020
Luxembourg is renowned for its high quality of life, but remains affordable for expatriates. The 2020 edition of Mercer's Cost of Living ranking only places the capital in 83rd place.
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A new centre for technology development
05-06-2020
In 2019, Luxinnovation supported a growing number of international companies opening offices in Luxembourg. One of them, HighSide, has chosen Luxembourg
as a centre for developing its highly secure messaging and files platform that protects users against phishing, spoofing, mass data breaches and insider threats.
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Luxembourg 7th most resilient economy in the world
28-05-2020
The ability of a country's business environment to withstand disruption and recover strongly is crucial for the individual companies that operate there. Luxembourg ranks as the 7th most resilient economy in the world, in particular due to its strong economy.
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University of Luxembourg develops COVID-19 exit strategy simulator
26-05-2020
Experts at the University of Luxembourg have developed an online tool to simulate the impact of COVID-19 exit strategies. This unique project offers a method for modelling the impact of different measures on the spread of the disease in almost 100 countries around the world.
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COVID-19: The impact on clean technologies
22-05-2020
Will the effects of the COVID-19 pandemic stimulate cleantech innovation and the uptake of environmentally friendly technologies, or will it bring cleantech investment to a standstill? This question was debated at the Cleantech Interactive session organised on 19-20 May 2020 in collaboration with Luxembourg partners.
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15 innovative start-up projects to combat COVID-19
15-05-2020
15 Luxembourg start-ups will receive €150,000 each to develop innovative solutions aimed at combatting the effects of the COVID-19 pandemic crisis.
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Coronavirus bailouts: Luxembourg among the most generous
12-05-2020
Many countries have launched rescue packages to help alleviate the economic consequences of the coronavirus-related lockdown. A recent article by the BBC lists Luxembourg's economic stabilisation programme as one of the most important in the world.
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Luxembourg residents on living in the European Union
11-05-2020
On the occasion of the Europe Day 2020 - 9 May - Luxembourg residents give their take on what living in the EU means to them. A brief video entitled "Europe - Different Together" summarises the views of native Luxembourgers and international residents.
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Cleantech Forum goes interactive
04-05-2020
This year’s edition of the Cleantech Forum Europe, to be hosted in Luxembourg, has been postponed to 7-9 December 2020. Until then, a series of monthly online events will explore ideas and innovations that will help us accelerate the transition to a cleaner world. The first one, “Innovating for Resilience”, will be held on 19-20 May. Luxembourg remains a key partner.
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Public-private research partnerships to combat COVID-19
29-04-2020
Shortly after the outbreak of the pandemic, the Luxembourg National Research Fund (FNR) launched a call for research projects addressing the current and future challenges of COVID-19. The call is now open to public-private partnerships, thus making it possible for Luxembourg-based enterprises and research organisations to join forces in order to combat the disease.
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Combining technology and insurance for a better life
28-04-2020
A graduate of Luxembourg’s start-up acceleration programme Fit 4 Start, OKO combines satellite data and mobile phone technology to provide affordable and accessible crop insurance to farmers in Africa. An innovative business model that promotes both climate resilience and financial inclusion.
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From spin-off to technology platform: the MPG story
22-04-2020
Take a completely unique molecular plasma technology and combine it with a visionary team. Place them in a nurturing national ecosystem, and you have the main ingredients of the success story of Molecular Plasma Group. The Luxembourg start-up is about to make a major international breakthrough.
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Practical advice to prepare for the end of confinement
21-04-2020
In this difficult time, the entire International Affairs team of the Luxembourg Chamber of Commerce is here to help you with your internationalisation projects.
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Luxembourg 2nd leading green finance centre in the world
20-04-2020
The Global Green Finance Index places Luxembourg in 2nd place worldwide for the depth of its green finance. In terms of quality of green finance, the country ranks 6th in the world.
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COVID-19 crisis: Luxembourg remains a committed start-up nation
16-04-2020
Luxembourg’s commitment as a start-up nation stands firm, also during the coronavirus pandemic. A number of initiatives are being launched to help start-ups continue their activity and use their innovation capacities to help alleviate and overcome the health and economic crisis.
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Luxembourg 18th most competitive financial centre in the world
16-04-2020
The March 2020 edition of The Global Financial Centres Index ranks the country 18th in the world and 7th in Western Europe. In the global ranking, the country progresses by seven places compared to the previous year. Luxembourg is considered as the world leader in the field of insurance.
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Luxembourg maintains AAA credit ranking
14-04-2020
Moody’s has confirmed Luxembourg’s AAA first-class rating, in spite of the hit that the economy is expected to take due to the lockdown imposed by the COVID-19 pandemic.
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Cleantech Forum Europe: new format, old and new dates
06-04-2020
Due to the outbreak of the COVID-19 pandemic, the format of the 2020 Cleantech Forum Europe had to be modified. A virtual programme will be offered on the original event dates, 18-20 May, and will be followed by a first-ever end-of-the-year festive Cleantech Forum in Luxembourg on 7-9 December.
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Luxembourg start-up Doctena offers remote medical consultation solution
06-04-2020
In view of the urgent need to restrict face-to-face meetings as much as possible due to the COVID-19 pandemic, the Luxembourg government is allowing remote medical consultations during the time of the crisis. Reacting quickly, Luxembourg start-up Doctena has added a video conference module to its leading online platform for booking medical appointments.
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Luxembourg lab develops COVID-19 test kit
05-04-2020
Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype
01-04-2020
Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels
01-04-2020
Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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