Luxembourg 2018

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The nation with a reach much greater than its borders

Economy

The nation with a reach much greater than its borders

The size of Rhode Island, Luxembourg has proven it can survive without banking secrecy and remain nimble, setting the bar for the adoption of financial...

Fund industry tops €4 trillion on UCITS success

Finance

Fund industry tops €4 trillion on UCITS success

The UCITS, an EU-based mutual fund, is one of the secret ingredients to growth in the EU's fund industry, and Luxembourg leads the way.

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A green revolution in finance is born

Finance

A green revolution in finance is born

Luxembourg is embarking on a more sustainable vision of finance, as demonstrated by the launch of the world's first green securities exchange.

“Over the past 15 years public R&D spending has increased 12 fold”

Education & Research

“Over the past 15 years public R&D spending has increased 12 fold”

Marc Schiltz

Executive Head and Secretary General of the Luxembourg National Research Fund

“We represent roughly 25% of the fund industry”

Finance

“We represent roughly 25% of the fund industry”

David Suetens

Executive Vice President and Country Head of State Street Bank Luxembourg

“Northern Trust has chosen Luxembourg following Brexit”

Finance

“Northern Trust has chosen Luxembourg following Brexit”

Steve David

Luxembourg Country Head of Northern Trust

“Luxembourg could be the pilot of new positive impact from climate finance”

Finance

“Luxembourg could be the pilot of new positive impact from climate finance”

Véronique de la Bachelerie

CEO of Société Générale Bank & Trust Luxembourg

Multi-billion euro plan paves way for logistics and mobility future

Logistics

Multi-billion euro plan paves way for logistics and mobility future

With infrastructure that is already among the most advanced in the world, Luxembourg is now planning to invest €3.8 billion more to take the top spot...

“Luxembourg should benefit from the economic recovery in the euro area”

Economy

“Luxembourg should benefit from the economic recovery in the euro area”

Gaston Reinesch

Governor of the Central Bank of Luxembourg

New fleet of greener aircraft keeps Cargolux operations at sustainable heights

Logistics

New fleet of greener aircraft keeps Cargolux operations at sustainable heights

Cargolux, Europe's largest air cargo carrier, has invested in a new fleet of aircraft that will reduce carbon and noise emissions.

Economy

Brexit unleashes new wave of US corporate migration

Brexit unleashes new wave of US corporate migration

Brexit has already spurred several US financial institutions to relocate to Luxembourg. It's a migration the Grand Duchy has long prepared for.

Business Services

“CEOs here are more confident than the global average”

“CEOs here are more confident than the global average”

John Parkhouse

CEO and Senior Partner of PwC Luxembourg

Finance

“You win if you adapt to regulations fast and thoroughly”

“You win if you adapt to regulations fast and thoroughly”

RENÉ MOTTAS

Country Head of UBS Luxembourg

Education & Research

Research institution plots course to help mine moon

Research institution plots course to help mine moon

The Luxembourg Institute of Science and Technology is upgrading lunar rovers in search of minerals and water.

Real Estate & Construction

Housing gap of up to 6,000 homes: Top construction firm

Housing gap of up to 6,000 homes: Top construction firm

Luxembourg's top construction firm, Félix Giorgetti, says need for affordable housing in the Grand Duchy is immediate.

Finance

“The banking industry has been able to reinvent itself by adapting to the regulatory shift”

“The banking industry has been able to reinvent itself by adapting to the regulatory shift”

Serge de Cillia

CEO & Head of Management Board of Association des Banques et Banquiers Luxembourg (ABBL)

Finance

Telecom & IT

Entrepreneurs aim to take over live-streaming niche

Entrepreneurs aim to take over live-streaming niche

Docler Holding believes that Luxembourg could enable Europe's top live-streaming service to come to life.

Aviation

“We invested in a new fleet of 747-8F aircraft, which are a lot more environmentally friendly”

“We invested in a new fleet of 747-8F aircraft, which are a lot more environmentally friendly”

Mr. Richard Forson

President & CEO Cargolux Airlines International S.A.

Business Services

Telecom & IT

“A European live-streaming platform is something that we could conquer”

“A European live-streaming platform is something that we could conquer”

Karoly Papp (L) & Marton Fulop

CEO & COO of Docler Holding

“Our economy will be 25% larger than in 2013”

Finance

“Our economy will be 25% larger than in 2013”

Pierre Gramegna

Minister of Finance of the Grand Duchy of Luxembourg

“The Luxembourg Green Exchange lists 50% of the world’s green bonds”

Finance

“The Luxembourg Green Exchange lists 50% of the world’s green bonds”

ROBERT SCHARFE

CEO of Luxembourg Stock Exchange

“Our research has earned us interest from NASA”

Education & Research

“Our research has earned us interest from NASA”

Fernand Reinig

CEO of Luxembourg Institute of Science & Technology

“Brexit has clearly been positive for Luxembourg”

Business Services

“Brexit has clearly been positive for Luxembourg”

Henri Wagner

Managing Partner of Allen & Overy

“There is a lack of up to 6,000 homes in Luxembourg”

Real Estate & Construction

“There is a lack of up to 6,000 homes in Luxembourg”

Marc Giorgetti

Managing Director of Félix Giorgetti

“42% of Luxembourg students are enrolled in Master’s or PhD programs”

Education & Research

“42% of Luxembourg students are enrolled in Master’s or PhD programs”

MARC HANSEN

Delegated Minister to Higher Education and Research

“The US is our most important economic partner outside of Europe”

Diplomacy

“The US is our most important economic partner outside of Europe”

JEAN ASSELBORN

Foreign Minister of Luxembourg

“We are investing €3.8 billion to extend and modernize our rail infrastructure”

Logistics

“We are investing €3.8 billion to extend and modernize our rail infrastructure”

Francois Bausch

Minister of Infrastructure and Sustainable Development