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A Luxembourgish CEO for McCain Foods
24-08-2017
Max Koune will enter the close circle of Luxembourgish CEOs who manage a large company abroad. The board of directors of Canadian food giant, McCain Foods, has unanimously appointed Luxembourger, Max Koeune, as president and CEO of the group from November onwards.
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Dual hub for logistics in Luxembourg and Zhenzhou
21-08-2017
Cargolux has signed new agreements with Chinese partners Henan Province Airport Group Co., Ltd. (HAG) and Henan Civil Aviation Development and Investment Company Ltd. (HNCA).
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First networking event of the Creative Industries Cluster
21-08-2017
On Thursday evening, August 17, the Luxembourg Creative Industries Cluster met for the first time at the Luxembourg City Skyliner lounge located next to the Gëlle Fra statue.
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OLAmobile Acquires IconPeak for USD 10M
14-08-2017
Antoine Moreau, CEO of OLAmobile: “With IconPeak and BidderPlace we acquire two of the fastest growing performance-based advertising networks in Europe. The growth trajectory of both companies has bee...
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2030 Agenda for sustainable development
14-08-2017
In July, Luxembourg presented the contents of its 2030 Agenda in New York, at the United Nations conference on the 17 sustainable development goals.
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BIL supports The Office, a co-working space in Luxembourg
10-08-2017
Collaboration announced between Banque Internationale à Luxembourg SA (BIL), a company committed to developing the start-up ecosystem in Luxembourg, and The Office, a true co-working space in the heart of capital
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EVERBRIGHT BANK: 7TH CHINESE BANK TO CHOOSE LUXEMBOURG
07-08-2017
China Everbright Bank (CEB) has received approval to set up its subsidiary in Luxembourg. This strategic move will strenghten CEB’s operations in Europe and confirms Luxembourg’s position as the main gateway for Chinese banks into the European market.
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Payconiq joins forces with Luxembourg-based Digicash
07-08-2017
Payconiq announces today that it will expand its footprint to the Grand-Duchy of Luxembourg by joining forces with Digicash Payments SA, the company behind Luxembourg’s mobile payments product Digicash.
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LUXEMBOURG BIDS TO HOST THE EUROPEAN BANKING AUTHORITY
31-07-2017
The Luxembourg government has officially submitted its bid to host the European Banking Authority (EBA). Thus Luxembourg follows a call for offers by the European Council published in June. A European...
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Luxembourg's economic performance very strong
31-07-2017
Luxembourg is an advanced economy with the highest per capita income in the OECD, reflecting the dynamic services sector, notably in banking and other financial services. Foreign investment is attract...
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Fit 4 Start autumn 2017 edition: apply now!
28-07-2017
Are you determined to succeed with your ICT start-up? Fit 4 Start offers intensive coaching, attractive pre-seed capital and access to the best networks.
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Pilot project: Innovation hub Dudelange
27-07-2017
The municipality in Dudelange plans to reanimate the old ARBED industrial site in Dudelange. Until the beginning of 2018 the building should be redecoreted to become the "Innovation Hub Dudelange" hosting 12 to 14 small offices for start-ups.
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Luxembourg and Kleos Space sign a MoU to co-operate within the SpaceResources.lu initiative
24-07-2017
The Luxembourg Government and Luxembourg-based Kleos Space SARL signed a Memorandum of Understanding (MoU) providing the framework for their cooperation within the SpaceResources.lu initiative with focus on space technology development.
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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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New competition dedicated to Space Exploration for innovative Business Ideas benefitting Earth
19-07-2017
The Space Exploration Masters is an international competition to identify best technology transfer business successes, as well as to empower and foster business innovation around space exploration act...
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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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Marc Lis talks about Luxembourg’s creative industries
18-07-2017
In an interview with Luxemburger Wort, Marc Lis, Cluster Manager - Creative Industries at Luxinnovation, talked about opportunities and challenges for Luxembourg’s creative industries and presents the recently launched Cluster.
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Philippe Genot presents Luxembourg's wood sector
18-07-2017
Cluster Manager Philippe Genot wrote an article about the Luxembourg Wood Cluster and its sector in "De Lëtzebuerger Bësch".
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A warm welcome to David Foy, Head of Sector Development – Digital Economy
17-07-2017
Luxinnovation is pleased to announce the appointment of David Foy as “Head of Sector Development – Digital Economy” as of 1 July 2017. In this role, David’s primary responsibility will be to drive bus...
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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 new ...
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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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