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Foreign direct investment increase 1H19 - 1H22In spite of the war in Ukraine and global inflation, foreign direct investment into several countries is already surpassing pre-pandemic levels in several countries including Luxembourg. A study by fDi Intelligence places the country in 6th place globally, and 4th in the EU, when comparing investment during the first half of 2022 with investment made during the first half of 2019.

Net increase in foreign direct investment

Foreign direct investment increased by 85% in Luxembourg during the first 6 months of 2022 compared to the same period in 2019. “Luxembourg has surpassed investment levels seen in the whole of 2020 and in the first half of 2019, putting it on track to return to pre-pandemic levels,” the study notes.

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Spearheading mobility innovation

21-11-2022

Luxembourg is determined to promote the use of innovative and sustainable mobility solutions. This commitment, combined with massive infrastructure and public transport investment as well as R&D and business partnership opportunities, make the country an excellent testbed for mobility innovation for the European market.
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Luxembourg maintains its AAA rating

15-11-2022

Credit rating agency DBRS Morningstar has once again awarded Luxembourg its AAA rating with a stable outlook, thereby confirming its belief in the country's growth and stable public finances.
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Luxembourg, a European testbed, at Smart City Barcelona

11-11-2022

Luxembourg is an interesting testbed for international companies with smart city solutions targeting the European market. Company executives looking for the right place to expand their European activities can learn more at the Smart City Expo World Congress in Barcelona on 15-17 November 2022.
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Ohmio Automotion Ltd expands to Luxembourg

08-11-2022

Self-driving bus shuttle manufacturer Ohmio Automotion Ltd, with roots in Australia and New Zealand, will open its first European office in Luxembourg. After winning a key contract with national railway company CFL, Ohmio will use Luxembourg as its base for addressing the growing demand for autonomous vehicles in Europe.
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Vodafone to set up pan-European logistics platform in Luxembourg

04-11-2022

On 26 October 2022, Luxembourg Minister of the Economy Franz Fayot and Ninian Wilson, the CEO of Vodafone Procurement Company, signed a memorandum of understanding for the establishment of Vodafone’s pan-European logistics platform in Luxembourg. The platform will strengthen Vodafone’s presence in Luxembourg even further.
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