News
The best time to invest
23-05-2022
A dynamic start-up hub requires entrepreneurs with great ideas – and investors willing to provide the means for these ideas to become a reality. A growing number of venture capitalists and business angels in Luxembourg are active on the local market and investing in promising start-ups that have the potential to make it big time in the future.
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A start-up ecosystem for acceleration and growth
20-05-2022
With a fast-growing entrepreneurial community, Luxembourg is a rising star on the global start-up scene. Strategic investments in a favourable environment as well as a dynamic and open-minded business sector attract promising young companies from near and far.
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Daher and LIST to develop welding technology for aircraft substructure assembly
19-05-2022
The French multinational Daher has established a large partnership with the Luxembourg Institute of Science and Technology (LIST) aimed at maturing and optimising a welding technology that enables the assembly of primary aircraft substructures produced with thermoplastic composites.
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Luxembourg – Portugal: Strengthening start-up relationships
12-05-2022
The Portuguese and Luxembourg start-up ecosystems were in the spotlight on 11 May 2022 at an event organised in the context of the currently ongoing Luxembourg state visit to Portugal. As well as highlighting the strengths of both ecosystems, the event provided an opportunity to deepen cooperation links.
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Luxembourg’s “Little Switzerland” becomes a UNESCO Global Geopark
11-05-2022
The Mullerthal region, known as Little Switzerland due to its hilly landscapes and rock formations, is one of Luxembourg’s most fascinating regions offering spectacular scenery and historical sites. The Mëllerdall Nature and Geopark has recently been awarded the UNESCO Global Geopark label, a recognition of its unique geological features.
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Small countries with strong impact
10-05-2022
Israel is widely renowned as a dynamic start-up nation. Yael Idan, Business Development Manager at LTIO Tel Aviv, speaks about the similarities between the Israeli and Luxembourg start-up ecosystems and about why Luxembourg can be an attractive springboard to Europe for companies from Israel.
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Luxembourg has 3rd largest share of ICT specialists in the EU
06-05-2022
Over the past decade, the number of ICT specialists in the EU has increased by over 50%. Luxembourg is one of the countries with the highest proportion of ICT specialists in its workforce.
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New cyber policy Chair at the University of Luxembourg
05-05-2022
Together with the Directorate of Defence of the Luxembourg Ministry of Foreign and European Affairs, the University of Luxembourg will establish a Chair in cyber policy. The Chair, which reflects the importance given to digitalisation and cybersecurity in Luxembourg, is established for a period of five years beginning in September 2022.
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Passbolt, the Luxembourg cybersecurity start-up that is making the news abroad
05-05-2022
Based at Technoport, Passbolt was voted best European startup in April by the European Cyber Security Organisation (ECSO). This award comes on top of two others received by the cybersecurity start-up the same month.
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Luxembourg economy: strong growth, flourishing job market
29-04-2022
Luxembourg’s claim to have a long-term strong and resilient economy is once again confirmed by recent statistics. The country is experiencing strong growth, unemployment levels are at the lowest since more than a decade ago and the workforce exceeds half a million for the first time ever.
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“Sightrunning” through Luxembourg’s UNESCO World Heritage sites
29-04-2022
You would love to discover the old town of Luxembourg City, but your conscious tells you that you should take those running shoes out of your suitcase and give them a good airing. Why not combine the two? Join a multinational group of running enthusiasts and “sightrun” through Luxembourg’s World Heritage site.
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Enhancing satellite communications applications with Luxembourg supercomputer
26-04-2022
Luxembourg headquartered satellite communications giant SES and the University of Luxembourg have benefitted from the supercomputer MeluXina to carry out tests to effectively optimise satellite performance and allocate spectrum for broadband satellite communications systems.
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“Making supercomputing accessible to all companies”
11-04-2022
Luxembourg’s supercomputer MeluXina is among the 40 most powerful systems in the world. It is also unique in its strong focus on value to businesses. We spoke to Senior Solution Engineer Luis Vela at LuxProvide about solutions and services available for clients that want to harness the full power of data.
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University of Luxembourg to set up first testbed for quantum communication
07-04-2022
The University of Luxembourg, in collaboration with the Ministry of State, will develop the Luxembourg Quantum Communication Infrastructure Laboratory (LUQCIA). The national testbed will take Luxembourg's cybersecurity expertise to the next level.
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New University Chair in energy process engineering appointed
05-04-2022
Professor Bradley Ladewig has been appointed holder of the Paul Wurth Chair in Energy Process Engineering at the University of Luxembourg. The Chair focuses on advanced materials and systems for hydrogen technologies. The chairholder’s mandate is for five years.
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Five candidates selected for space resources start-up programme
29-03-2022
In April 2022, the European Space Resources Innovation Centre (ESRIC) will welcome the participants in the first edition of its start-up support programme. The intention is to support early-stage start-ups in the space resources sector with developing their business models, attracting their first customers and securing their first investments.
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Luxembourg is the 6th happiest country in the world
24-03-2022
Luxembourg gains two places compared to 2021 and ranks 6th among the world’s happiest countries. Its high ranking is in particular driven by the country’s strong GDP performance and high levels of freedom and life expectancy.
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Luxembourg has the lowest gender pay gap in the EU
21-03-2022
Eurostat, the statistics agency of the European Union, has released data on gender inequality in earnings. With a gender pay gap between men and women of 0.7%, Luxembourg comes out on top among the EU member states.
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Research Luxembourg launches open innovation collaborative platform
17-03-2022
Luxembourg’s public research community is characterised by a spirit of agility and cooperation. Its most recent initiative aimed at facilitating the development of partnerships and promoting technology transfer is the launch of a digital platform for open innovation.
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Luxembourg to set up health technologies campus
11-03-2022
The campus, which is expected to open its doors in 2024, will be dedicated to digital health and personalised medicine.
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Sang Noir: Targeting the Asian market from Luxembourg
09-03-2022
Une ligne de produits cosmétiques et une autre de vêtements: en l’espace de quelques mois, Sang Noir a percé au Luxembourg, accompagné par les bons réseaux. Au point d’intéresser de grands groupes de distribution internationaux.
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“A fantastic welcome to the local ecosystem”
07-03-2022
Israeli cybersecurity specialist SIGA OT Solutions recently announced the opening of its European HQ in Luxembourg. Crossroads newsletter spoke to COO Hagai Galili about why the company chose to come to Luxembourg, the country’s commitment to cybersecurity and innovation and the next steps forward.
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University of Luxembourg launches Finnovation Hub
28-02-2022
The Finnovation hub will develop groundbreaking technologies needed for Luxembourg’s financial institutions to succeed with their digital transformation.
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Luxembourg participates in “Scale-up Europe”
23-02-2022
The Scale-up Europe initiative is aimed at facilitating the access to financing for European companies in their growth phase. Luxembourg is one of 15 EU member states that support the initiative.
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Luxembourg City wins 2022 Access City Award
21-02-2022
The award, organised by the European Commission together with the European Disability Forum, highlights Luxembourg City’s achievements in becoming more accessible to persons with disabilities.
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Luxembourg: Strong public finances, AAA rating reconfirmed
16-02-2022
After two years of the global pandemic, the economic situation in Luxembourg remains favourable. The country enjoyed an economic growth of 7% in 2021, tax revenues increased by 16.3% in 2021 and the AAA rating of the economy has just been reconfirmed by three of the leading credit rating agencies.
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Fanuc Europe invests in its Luxembourg logistics centre
15-02-2022
Factory automation world leader Fanuc Corporation acquires the logistics warehouse in the Eurohub Centre logistics park that it has been renting since 2021. Its Luxembourg-based European HQ is also implementing an innovation project supported by the government.
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Digitalisation ministry and Uni to accelerate digital transformation
09-02-2022
The Luxembourg Ministry for Digitalisation will benefit from the expertise of the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to enhance the digital transformation of public administration and the digitalisation of administrative procedures. The first collaborative project will focus on digital identities.
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CYBAVO: Growing across Europe from Luxembourg
07-02-2022
Taiwanese cryptocurrency security start-up CYBAVO has chosen Luxembourg as the location from which to service digital asset customers across Europe. General Manager EMEA Roberto Machado speaks about the reasons for coming to Luxembourg, the company’s participation in the Fit 4 Start acceleration programme and the support it has received to get its European branch off to a good start.
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New director nominated for space resources innovation centre
02-02-2022
Dr Kathryn Hadler, an internationally renowned scientist in mineral processing and beneficiation, has been appointed Director of the Luxembourg-based European Space Resources Innovation Centre (ESRIC) as of 1 April 2022. She will build a world-leading research team working on solutions for the sustainable and responsible use of space resources.
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