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Take a highly integrated ecosystem of data, digital infrastructure, research centres, support organisations, innovation and cybersecurity expertise. Combine it with a business-oriented high performance computer and a firm ambition of setting up a national data exchange platform, and you have some of the key ingredients in Luxembourg’s rapidly developing data economy.

“These factors will make Luxembourg the place where companies can develop and test data solutions in a safe, secure environment with access to the world-class technology that our University and research institutions offer,” says Sasha Baillie, CEO of Luxinnovation, in her video introduction to the new edition of Crossroads Magazine. The Luxembourg Trade & Invest publication highlights the advantages of Luxembourg as a base for doing business in Europe.

This issue also features another sector where Luxembourg has demonstrated its pioneering outlook, namely in space. The country has become a well-recognised hub for commercial space activities in Europe. The magazine presents technologies developed by space companies and the new space resources innovation centre, ESRIC. Readers can also discover a venture capitalist’s take on the trends and opportunities for those interested in investing in space and interviews with company executives managing international business activities from Luxembourg.

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ESRIC Start-up Support Programme welcomes the five new ventures

19-09-2023

Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
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“Luxembourg exceeds my expectations”

12-09-2023

Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
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New law introduced in Luxembourg to facilitate the hiring of skilled labour

05-09-2023

The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
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"Supporting the development of the start-up ecosystem in Luxembourg"

24-08-2023

Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
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Inflation in Luxembourg continues to rank among the EU’s lowest

22-08-2023

Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
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