This strategy, under Deputy Prime Minister and Minister of the Economy Étienne Schneider, is based on a strong vision – one that best showcases Luxembourg’s innovative and diversified economy and is grounded in Luxembourg’s longstanding specific attitude that gives the country its dynamic character. The “Luxembourg way of doing things” is characterised by pragmatism, an ability to adapt, the commitment to constant improvement as well as a tremendous talent to build  partnerships in mutual respect.

The promotion of the Luxembourg economy and international prospection is led by Luxembourg’s Trade and Investment Board which falls under the Honorary Chairmanship of HRH the Hereditary Grand Duke and is chaired by the Minister of the Economy. The recent economic reform strategy was a unified and cooperative effort with input from many players, including Luxinnovation and the Chamber of Commerce. In the end we are all working to promote Luxembourg.

All the players together will sharpen Luxembourg’s efforts to promote the country abroad under the new signature “Luxembourg. Let’s make it happen.” This reflects a strong brand image via a unified effort of Luxembourg as a “smart location” for high-performance companies and industries.

Gateway to Europe and beyond

Luxembourg is a gateway to Europe, business friendly, stable and reliable. It has a very attractive work environment with a skilled and talented multilingual workforce. The country’s excellent infrastructure and connectivity provide a world class foundation for modern business.

By identifying relevant foreign investors on the basis of focused and sector-specific market intelligence, Luxembourg  attracts businesses that bring real benefits to the national economy while focusing on key sectors like ICT, logistics, life sciences, space, automotive as well as materials and production technologies.

While strengthening investor care, our refined economic strategy furthermore emphasizes investors’ easy access to decision makers that has always been a major asset for the Grand Duchy to attract business to Luxembourg and allow it to grow successfully in a sustainable manner. A wide range of tools is available to encourage and support Luxembourg-based companies of all sizes and sectors when engaging in international business or expanding into more “traditional” markets in neighbouring regions.

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Developing technology for industry


Supporting businesses with their R&D projects and helping them speed up prototyping and market introduction is central for the Luxembourg Institute of Science and Technology (LIST). LIST’s Sustainable Biotech Innovation Centre cooperates with companies on their development of bio-based products and bioprocesses.
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Industry-oriented research: the synergy approach


Performing research in close collaboration with companies is essential for Luxembourg’s research institutes. We spoke to Professor Djamila Aouada at the University of Luxembourg about how the expertise of her team can support industry and their motivation to work in partnership with the private sector.
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Where research excellence and innovation go hand in hand


In a few decades, Luxembourg has built a competitive research ecosystem with a strong orientation towards innovation. The government promotes science as a way to rise to economic and societal challenges, and the Luxembourg National Research Fund (FNR) provides funding that stimulates research excellence and builds bridges with the private sector.
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Learning maths the digital way


Digital education start-up Magrid reflects both Luxembourg’s digital expertise and its highly international population. Magrid’s innovative digital solution that helps children improve their cognitive, visual-spatial, and mathematical abilities without requiring them to speak any specific language attracts much interest from abroad. The company now uses Luxembourg as the base for its international expansion.
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Luxembourg attracts foreign direct investment


After two years with less incorporations due to the COVID-19 pandemic, foreign direct investment is picking up speed again. We spoke to Jenny Hällen Hedberg, Head of International Business Development, and Jean-Michel Ludwig, Director Business Development at Luxinnovation, about the developments in Luxembourg and why international companies come here.
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