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April 2023 ISSUE #63
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The company executives’ top tips
For international companies that decide to expand to Europe, certain key points might make the difference between failure and success. We spoke to four executives of companies that use Luxembourg as their base for growing in Europe, and highlighted 13 essential factors that can help you get it right from the very beginning.
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Year-on-year inflation lowest in Luxembourg
Luxembourg recorded the lowest annual inflation rate in EU member states in January 2023, according to the figures published by Eurostat. The flash estimates for February also show that Luxembourg maintained the eurozone’s lowest inflation record.
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Luxembourg Future Fund 2 to support diversification and sustainable development
The Luxembourg government has recently launched the new equity investment fund Luxembourg Future Fund 2. With €200 million in total financing, the LFF 2 provides additional firepower in support of innovative projects in Luxembourg.
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Mission to Latvia presents potential business opportunities
A high-level business delegation comprising of 20 Luxembourg companies participated in the official trade mission to Latvia. An intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines.
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University of Luxembourg inaugurates fintech centre of excellence
On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
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New healthtech business developer joins Luxinnovation
Luxinnovation informs and guides international companies considering Luxembourg as a potential location for their European offices. On 1 March 2023, Régis Ciré joined the team and took on the role of supporting healthtech businesses.
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The Luxembourg Future Fund 2 will provide an important tool in driving forward the diversification of the Luxembourg economy and the development of its strategic sectors by cooperating with the private sector in pursuit of sustainable innovation.
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Minister of the Economy Franz Fayot
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Coming up – Events
25/04/2023 to 27/04/2023
Visit the Luxembourg pavilion at JEC World 2023
03/05/2023 to 06/05/2023
Official trade mission to Vietnam
09/05/2023 to 12/05/2023
Visit Luxembourg’s national pavilion at Transport Logistik Munich
22/05/2023 to 24/05/2023
Meet us at Ecomotion Week, May 2023
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