European expansion top tips; New Artec 3D production facilities

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March 2023 ISSUE #62

How to succeed with your expansion into Europe: the experts’ top tips

Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.

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Artec 3D inaugurates new production facility in Luxembourg

Luxembourg-based 3D scanning solutions manufacturer, Artec 3D, expands its presence in the grand duchy with the opening of a new production facility in Senningerberg.

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Luxembourg bags world’s best in talent attraction twice in a row

Luxembourg’s reputation as the world’s top talent magnet has once again been acknowledged in the 2022 Global Talent Competitiveness Index. The Grand Duchy retained its no. 1 position for attracting talents and was ranked 11th out of 133 countries assessed in the index.

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“Find a place you love”

When international companies choose the location for their European office, there are a number of factors to take into account. Fedor Antonov, CEO of continuous fibre 3D printing specialist Anisoprint, recommends company executives to give priority to spending time in their new location.

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Luxembourg’s AAA credit rating affirmed by Fitch and Scope

Luxembourg retained its AAA rating with a stable outlook in the most recent Fitch and Scope ratings. Both credit rating agencies based their conclusions on Luxembourg’s high economic resilience, good governance indices, and robust public finances.

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University of Luxembourg ranks 4th worldwide for its high international outlook

The University of Luxembourg was ranked among the top 250 universities in the world in the Times Higher Education World University Rankings 2023. The multicultural and research-oriented university was ranked fourth in the world for its international outlook.

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I advise choosing a place where you feel supported and have a partner who will help you when you have problems or questions.

Fedor Antonov, CEO of Anisoprint

Luxembourg living

Art and history lovers can find their heart’s desire in Luxembourg City by walking along the so-called MuseumSmile, which is home to no less than seven museums. Their focus spans from history and natural history to classic and contemporary art.

Foto: LFT/Thomas Linkel

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Coming up – Events

05/04/2023 to 07/04/2023

Visit Luxembourg’s national pavilion at FIC

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

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