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The Luxembourg insurance sector is booming

21-07-2017

In 2016 the national insurance sector had a record year, increasing its net profit after tax to €1,808 billion, a considerable rise of 45.7% compared to the previous financial year.
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Mangrove Capital Partners raised a $170 million fund to invest in European startups

21-07-2017

The Luxembourg-based Venture Capital firm Mangrove Capital Partners launches fund to support European startups
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Northern Trust announces creation of EU bank in Luxembourg

20-07-2017

Northern Trust will create an EU-banking presence in Luxembourg, further establishing its commitment to the region. It has appointed David Wicks as head of continental Europe. Northern Trust offers a...
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The state of Luxembourg's population

19-07-2017

On 1st January 2017, Luxembourg had 590,667 inhabitants, 48% of whom were non-Luxembourgers. Compared to the previous year, the population increased by 11,159 people.
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Propelling start-ups to realise their full potential

18-07-2017

The fifth edition of Fit 4 Start, Luxinnovation’s acceleration programme for early-stage ICT start-ups, will commence in October. Interested entrepreneurs can submit their applications up until August 28. Programme Manager Antoine Hron and Laurence Hulin, Advisor Start-Up Support at Luxinnovation, outline how the initiative contributes to the success of young innovative companies.
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Luxembourg ranked excellent in terms of its overall market openness

17-07-2017

After Singapore and Hong Kong, Luxembourg positioned 3rd worldwide in ICC Open Market Index with a OMI Score of 5.02. Only three economies, Singapore, Hong Kong SAR, and Luxembourg, ranked excellent in terms of their overall market openness.
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FIRST DIGITAL TECH FUND RECIPIENTS ANNOUNCED

14-07-2017

Two startups were presented €500,000 euros each for the first investment by the Digital Tech Fund on 10 July during a press conference at the Ministry of the Economy.
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Luxembourg, a great place for startups

14-07-2017

Startups are a vital driver for the development of a country’s economy, the creation of new jobs and the promotion of innovation. According to a report by the Idea Foundation, the number of n...
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EASYJET WILL FLY LUX-BERLIN FROM OCTOBER

14-07-2017

After London, Milan, Lisbon and Porto, Easyjet will add Berlin to its destinations this autumn.
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Committee Meeting Reviews Rifkin Strategy

14-07-2017

The second meeting of the Rifkin Strategic Review Committee was held yesterday, on 12 July 2017, during which the Strategic Monitoring Committee reviewed the Rifkin strategy.
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LUXEMBOURG IS THE FIRST EUROPEAN NATION TO OFFER A LEGAL FRAMEWORK FOR SPACE RESOURCES UTILIZATION

14-07-2017

The Luxembourg Parliament adopted the draft law on the exploration and use of space resources. The Grand Duchy is thus the first European country to offer a legal framework ensuring that private operators can be confident about their rights on resources they extract in space.
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Dunlop launches ‘Sport Classic’, its latest High Performance tire designed for classic cars

14-07-2017

Dunlop, one of the world’s leading brands for High and Ultra-High Performance tires, announces the launch of its new Dunlop Sport Classic, meeting the needs of classic car drivers and optimized for the High Performance vehicles of the ‘60s, ‘70s and ‘80s.
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De Mains de Maîtres: open call for applications

14-07-2017

The newly created non-profit organisation "De Mains de Maîtres" has launched its first call for applications. The objective of the call is to allocate one or several scholarships to Luxembourgish artisans or artisans living in Luxembourg.
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Rolf Tarrach Prize 2017 for Mads Weber

13-07-2017

The physicist Mads Christof Weber has won the “Rolf Tarrach Prize 2017” for his outstanding doctoral thesis in physics and material science. The award for the best doctoral thesis in Luxembou...
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Honda invests in car key security research with SnT

11-07-2017

New key systems allows car owners to enter and start their vehicle without ever touching a key. But the technology is not entirely safe. That is why two ICT experts from the Interdisciplinary Centre f...
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The world's most innovative countries: Luxembourg on 12th place

10-07-2017

Since 2007, Cornell University, INSEAD and the World Intellectual Property Organization have published an annual Global Innovation Index. This composite index is a precious tool for comparing and ev...
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Luxembourg Business Angel Network Establishes Its Own Space Angel Group

10-07-2017

LBAN´s Space Angel group will be organized as a subgroup of LBAN. Its main objectives will to be to bring together interested individual investors into the space industry and stimulate & support Luxembourg´s position as a space nation. To join the group, being a LBAN member will not be a pre-requisite.
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Luxembourg Business Compass - leaders expect high economic growth

10-07-2017

According to the latest edition of the “Luxembourg Business Compass”, an annual report published by KPMG since 2009, Luxembourg’s business leaders are very optimistic about the economy, ...
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Future House of Start-ups to Host Luxembourg City Incubator

10-07-2017

On Friday 7 July 2017, the Mayor of the Ville de Luxembourg and the Chamber of Commerce presented a collaborative project on the development of an incubator project in the city centre, in Luxembourg-Gare.
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Asteroid Day 2017 proves a global hit!

10-07-2017

Now headquartered in Luxembourg, Asteroid Day is truly a global event that brings together notable scientists, astronauts, business leaders, artists, Nobel Laureates and private citizens.
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William McDonough, keynote speaker - "A circular economy that does not just circulate bads over and over again"

07-07-2017

Not afraid to speak his mind or the hard truths, this celebrated architect and world renowned leader in sustainable development said that Luxembourg is capable of helping the progress of circular thin...
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Wizata 2017 Microsoft Country Partner of the Year for Luxembourg

07-07-2017

In June Wizata won the 2017 Microsoft Country Partner of the Year Award for Luxembourg for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
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OCSiAl to set up the world's largest nanotube production facility in Luxembourg

05-07-2017

The Ministry of the Economy and the Ministry of Finance of the Grand Duchy of Luxembourg and OCSiAl, a manufacturer of advanced materials, have signed a Memorandum of Understanding to collaborate on the construction of a production facility for single wall carbon nanotubes with an annual capacity up to 250 tonnes and a centre for applied nanotechnology.
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Driven by passion

04-07-2017

Basing a sailing-related company in landlocked Luxembourg might not be an obvious choice, but proved to be a lucky shot for French entrepreneur Mathilde Argaud.
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SES signed multi-year agreement with leading Indonesian satellite communications provider Primacom

27-06-2017

Primacom will use SES Networks’ Maritime+ service to deliver the highest levels of reliable high-speed broadband connectivity to vessels operating in Asia-Pacific region.
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Luxembourg Launches Climate Initiative

27-06-2017

Luxembourg has signed the launching of a new initiative to strengthen the country’s action in the framework of the Sustainable Development Objectives and the Paris Climate Agreement.
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European Innovation Scoreboard 2017

26-06-2017

Luxembourg is a Strong Innovator. Over time, performance has increased by 1.4% relative to that of the EU in 2010.
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Luxembourg’s SpaceResources.lu Initiative Features dedicated Prize in the ESA-initiated "Space Exploration Masters" Competition

26-06-2017

At the Paris Air Show in Le Bourget on June 21, 2017, the European Space Agency (ESA) announced Europe’s first innovation competition on space exploration, the "Space Exploration Masters".
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Estonia to open the world’s first data embassy in Luxembourg

21-06-2017

Estonia’s pilot project – the world’s first data embassy – could set an example for the rest of the world.
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Luxembourg and the European Space Agency enhance cooperation on asteroid missions, related technology and space resources exploration and utilisation

21-06-2017

At the occasion of the 2017 Paris Air Show in Le Bourget, Luxembourg’s Deputy Prime Minister and Minister of the Economy Etienne Schneider visited the ESA pavilion and, together with ESA Director General, Jan Wörner, signed a joint statement on future activities concerning missions to the asteroids, related technologies and space resources exploration and utilisation.

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