Gaining a foothold in Europe; Luxembourg innovation champion

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January 2023 ISSUE #60

Gaining a foothold in Europe

The time has come for your company to expand globally and get a footprint in Europe. But how do you succeed with opening a European office and launching your products and services on the European market? What are the pitfalls, the steps that are easily overlooked and the main success factors? We spoke to David Foy, Luxinnovation, Brice Lecoustey, EY Luxembourg, James Monnat, Foundry Europe and Leesa Soulodre, R3i Ventures, to find out.

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Luxembourg ranks 11th in 2023 Global Innovation Scorecard

Luxembourg is one of 24 countries classified as “innovation champions” in the 2023 Global Innovation Scoreboard. The country stands out for its high degrees of freedom and diversity.

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The future of rooftop innovation

Automotive supplier Webasto has recently acquired automotive glazing specialist Carlex Luxembourg. The company is now turning its new Luxembourg facility into its global centre of competence for smart glazing.

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LIST opens sustainable composite materials innovation centre

The Luxembourg Institute of Science and Technology (LIST) has recently launched a Sustainable Composite Materials and Manufacturing Innovation Centre (SCMM). The new centre will develop composite materials with a very low carbon footprint.

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A guide to showcase the VC community in Luxembourg

Luxembourg start-ups are increasingly attracting investments from both national and international venture capital investors. The Luxembourg Private Equity Association (LPEA) published a VC Guide to highlight this community, which plays a key role for the start-up ecosystem.

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Luxembourg ranks 8th worldwide for rule of law

Ranked 8th in the 2022 WJP Rule of Law Index, Luxembourg stands out in particular for its high level of order and security, fundamental rights and regulatory enforcement.

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I think Luxembourg is a very good place for companies focusing on innovation and added value.

Jan Henning Mehlfeldt, Executive Vice President Roof Europe at Webasto

Luxembourg living

The fish market or “Fëschmaart” has always been a lively merchant district. It began with fish and spices, and continues today with handmade goods made to measure. The Fëschmaart is a village in the city, shaped and brought to life by dedicated merchants and restaurateurs.

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