News
Luxembourg lab develops COVID-19 test kit
05-04-2020
Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype
01-04-2020
Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels
01-04-2020
Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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Luxembourg Trade & Investment Offices remain open
27-03-2020
Despite the restrictive measures put in place in a high number of countries across the world to combat the COVID-19 pandemic, all Luxembourg Trade & Investment Offices remain open to companies interested in finding out more about doing business in and with Luxembourg.
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Luxembourg launches unprecedented economic stabilisation programme
27-03-2020
In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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DuPont ramping up production of Tyvek hazmat suits for health care workers
26-03-2020
DuPont is ramping up its Tyvek production to meet demand for protective coverings for health care workers. Tyvek is only produced at its 2 factories in Luxembourg and Chesterfield (VA).
DuPont has ...
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Covid19 and the economy - Luxembourg's stabilization package
25-03-2020
The Luxembourg Government’s ambitious stabilization package for the national economy is set to mobilize €8.8 billion, equivalent to 14% of Luxembourg’s GDP.
The stabilization package bui...
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Financial institutions team up to develop FundsDLT, a groundbreaking blockchain-based platform for the investment fund industry
25-03-2020
Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, and Natixis Investment Managers have announced a Series A investment in FundsDLT to develop a novel decentralised technolo...
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Fit 4 Start - Edition #10 postponed
20-03-2020
Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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New Covid19 regulation on board and shareholder meetings
20-03-2020
A Grand-Ducal Regulation of 20 March 2020 introduces the possibility to hold shareholder meetings by remote vote, by proxy or by videoconference. Moreover, boards (and other corporate bodies) may be h...
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Doctena.lu launches its online medical consultation
19-03-2020
The medical scheduling app and website is launching remote video consultation. After having digitalized the medical booking process in Luxembourg, Doctena now also offers doctors and patients to enabl...
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Applications open for Frontier Development Lab
18-03-2020
The Frontier Development Lab (FDL) is an applied artificial intelligence research initiative that pairs researchers from the space sciences with data scientists for an intense 8-week concentrated stud...
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A brand for an innovative ecosystem
11-03-2020
To cement its position as an attractive location for start-ups, Luxembourg relies on easy access to support, major international players and public authorities and administrations. At the same time, the country is a clear gateway to the European market.
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No graduation ceremony for Fit 4 Start, but the pitches are maintained
10-03-2020
Due to the risks linked to the spread of COVID-19, Luxinnovation has decided to cancel the Fit 4 Start Pitching & Graduation Day which should have been held on 26 March 2020 at Kinepolis in Luxembourg-Kirchberg.
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A multitude of challenges
09-03-2020
Funding is often seen as the key to unlock a start-up’s ability to expand but it takes more than that. Fit 4 Start, Luxembourg’s acceleration programme managed by Luxinnovation, offers high-quality coaching to put start-ups with high potential on the road to success.
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Luxembourg becomes first country with free public transport
03-03-2020
If you have to go from one business meeting to another or from the airport to your hotel, there is no need to worry about where to buy your ticket or how much you need to pay. On 1 March 2020, Luxembourg became the first country in the world to make all public transport free of charge.
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Franz Fayot new Minister of the Economy
21-02-2020
Luxembourg has a new Minister of the Economy: Franz Fayot, who replaces Étienne Schneider. In addition to heading the Ministry of the Economy, Mr Fayot is also in charge of Development Cooperation and Humanitarian Affairs.
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Local door openers for business
21-02-2020
Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities
20-02-2020
Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in northern Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates
19-02-2020
Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place in the top 10 list.
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University and start-up to work on in-orbit satellite repairs
18-02-2020
The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
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Financing the cleantech transition
17-02-2020
Adequate financing is crucial for the transition to a sustainable, environmentally friendly economy, and one of the central topics that will be discussed at the 2020 Cleantech Forum Europe in Luxembourg on 18-20 May 2020. Luxembourg is a leading centre for green and sustainable finance. Key players will participate in the forum to share their experience and establish new partnerships.
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Enabling the wide-scale transformation of mobility
17-02-2020
Several unique test sites in Luxembourg are open to companies that develop next-generation mobility solutions for the European market.
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Valuu.io: an online guide for investors
12-02-2020
After graduation from the Fit 4 Start programme in 2019, Valuu.io launched its first commercial offer, an investment support platform, at the beginning of this year.
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Luxembourg's ambitions for 2025: shaping a sustainable future
12-02-2020
Luxembourg for Finance has released its ambitions paper laying out a 5-year vision for the further development of a sustainable financial industry. The plan centres around 6 main components that are a...
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Transforming agriculture insurance through blockchain and Earth Observation satellite imaging
12-02-2020
IBISA, in partnership with InTech, has signed a contract with the European Space Agency (ESA) to further develop its platform and scale its operations. This contract also includes an investment from U...
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Highside to compete for $1m investment prize in Silicon Valley
12-02-2020
Congratulations to cybersecurity company HighSide, Inc. for winning the Luxembourg regional edition of the Startup World Cup.
Highside will compete alongside the winners from 50 other regional events ...
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