2019 Global Resilience Index rankingPublished by FM Global, the Global Resilience Index is designed to help chief financial officers (CFOs) and other business leaders choose resilience as they manage their own risk and site facilities, extend supply chains and cultivate customers. The index combines 12 core drivers of resilience structured into three main categories:

  • economic (productivity, political risk, oil intensity, urbanisation rate)
  • risk quality (exposure to natural hazards, natural hazard risk quality, fire risk quality, inherent cyber risk)
  • supply chain (control of corruption, quality of infrastructure, corporate governance, supply chain visibility)

The study provides ranked scores for 130 countries and territories around the world. Norway is considered as the most resilient country, before Denmark and Switzerland.

Luxembourg 7th most resilient in the world

Luxembourg is listed as the 7th most resilient country in the world. The country ranks particularly well in the economic sub-category, where it is on 2nd place. It is number 18 in the world in terms of risk quality, and 23rd in the category supply chain.

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Very convincing start-ups recognised at the Fintech Awards


The 4th edition of the Fintech Awards recognised the Luxembourg start-up Tokeny, which uses blockchain to issue security tokens. Microinsurance, cybersecurity and artificial intelligence were also highlighted in a pitch competition which was impressive for its quality.
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Anote, music and new technologies


The start-up ANote, which proposes to link financial markets and the music industry using blockchain, won the Luxinnovation special prize at the ICT Spring Pitch Your Startup competition in May.
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Luxembourg ranks 2nd in EU for digital connectivity


According to the EU’s 2019 Digital Economy and Society Index (DESI), Luxembourg ranks among the top 3 EU countries in digital connectivity as well as in human resources.
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Luxembourg supercomputer Meluxina will support digital transformation


The future high performance computer (HPC) will be part of the European HPC network, EuroHPC.
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Euro-Composites will invest €160 million in Luxembourg


Composite materials specialist Euro-Composites will invest €160 million in its Luxembourg site in Echternach. The investment programme is supported by the government, the town of Echternach and the state-owned bank Société nationale de crédit et d'investissement (SNCI).
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