Latest News

Luxembourg Startup Ecosystem Mapping Statement 20/07/21 06:39:00

Luxembourg’s startup ecosystem is maturing and the number of startups has been growing quickly over the years. Have a look at the interactive board designed by the Market Intelligence Department of Luxinnovation on the Startup Luxembourg Platform. This sector mapping presents Luxembourg startups filtered by their age, sectors and technologies. Read more..
Official launch of web platform startupluxembourg.com Statement 16/07/21 08:46:00

On 5 July, the Luxembourg Minister of the Economy, Mr. Franz Fayot and the CEO of Luxinnovation, Mrs. Sasha Baillie, officially the web platform www.startupluxembourg.com to further improve the visibility of the Luxembourg ecosystem internationally, while facilitating networking. Read more..

Official appointment of the new Honorary Consul of Luxembourg in Bengaluru Statement 14/07/21

On 13 July, the Ambassador officially appointed Mr. Suresh Vaswani as the new Honorary Consul of the Grand Duchy of Luxembourg in Bengaluru, with consular jurisdiction over the State of Karnataka at the Residence. Mr. Vaswani is be the first Honorary Consul of the newly created Consulate of Luxembourg in Bengaluru. Read the Press Release..
Launch of the Circular Economy Portal Luxembourg Statement 06/07/21

The official launch of the Circular Economy Portal Luxembourg , a joint initiative by the Ministry of Energy and Spatial Planning, the Ministry of Economy, the Ministry of Environment, Climate and Sustainable Development and the Ministry of Finance, took place on 22 June. The objective of this new portal, a governmental platform, is to share information about Luxembourg’s Circular Economy Strategy, and to provide information about its practical implementation to public and private stakeholders. Read more..
Positive Q1 economic outlook for Luxembourg Statement 24/06/21

The Economic Outlook for the first quarter for Luxembourg is positive with Luxembourg’s GDP being expected to grow by 6% in volume.
Also, the Luxembourg Labour market is set to remain the most dynamic in the euro zone, as reported by Luxembourg’s office for national statistics STATEC Read more..
Luxembourg's data driven innovation strategy Statement 22/06/21

Luxembourg pursues its ambition to become a leading data economy, capitalising on its entrepreneurial spirit and its internationally recognised strengths in connectivity and security.
The country provides a comprehensive, supportive ecosystem, where all parties involved work hand in hand to make business flourish and ensure long-term sustainability.
Discover how Luxembourg is bringing together multiple players in the government's national support and research infrastructure to help Luxembourg companies successfully meet today's digital challenges.
Get to know from experts how Luxembourg's data-driven innovation strategy is helping businesses flourish and plan long term sustainability, and how it is contributing to Luxembourg becoming Europe's most trusted data economy. Read more..
Luxembourg inaugurates High Performance Computer MeluXina Statement 18/06/21

Luxembourg’s new High Performance Computer (HPC) MeluXina was inaugurated on 7 June 2021. Ranked among the top 30 supercomputers in the world, MeluXina has been designed to meet business needs and is available for use by start-ups and SMEs as well as large international groups. The inauguration of MeluXina, which took place in the presence of H.R.H. the Grand Duke and the Luxembourg Prime Minister, Mr. Xavier Bettel, is a big step forward towards realising Luxembourg’s ambition of becoming a leading data economy. Read more..
Luxembourg Session at the Global Investment Convention (GIC) 2021 Statement 17/06/21

On 16 June, during the Luxembourg focused session of the Global Investment Convention 2021, the CEO of Luxinnovation , Mrs. Sasha Baillie underlined the Luxembourg Government’s investments in infrastructure aimed at making Luxembourg a sustainable economy.
In addition, Mrs. Baillie highlighted the centrality of Luxembourg ‘s location, which is ideal for foreign companies interested in setting up their European headquarters and for catering to a diverse European market. Read more..