Luxembourg 2018
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...
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.
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.
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
Finance
“We represent roughly 25% of the fund industry”
David Suetens
Executive Vice President and Country Head of State Street Bank Luxembourg
Finance
“Northern Trust has chosen Luxembourg following Brexit”
Steve David
Luxembourg Country Head of Northern Trust
Finance
“Luxembourg could be the pilot of new positive impact from climate finance”
Véronique de la Bachelerie
CEO of Société Générale Bank & Trust Luxembourg
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...
Economy
“Luxembourg should benefit from the economic recovery in the euro area”
Gaston Reinesch
Governor of the Central Bank of Luxembourg
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 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”
John Parkhouse
CEO and Senior Partner of PwC Luxembourg
Finance
“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
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
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”
Serge de Cillia
CEO & Head of Management Board of Association des Banques et Banquiers Luxembourg (ABBL)
Finance
“Because of its size, Luxembourg was always able to adapt quickly”
Guy Hoffmann
CEO of Raiffeisen Bank Luxembourg
Telecom & IT
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”
Mr. Richard Forson
President & CEO Cargolux Airlines International S.A.
Business Services
“All the big US multinationals in one way or another operate in Luxembourg”
Paul Mousel
Founding Partner at Arendt & Medernach
Telecom & IT
“A European live-streaming platform is something that we could conquer”
Karoly Papp (L) & Marton Fulop
CEO & COO of Docler Holding
Logistics
“The Port of Mertert is connecting with the transport hub at Bettembourg”
Jeannot Poeker
President Port of Mertert
Finance
“Our economy will be 25% larger than in 2013”
Pierre Gramegna
Minister of Finance of the Grand Duchy of Luxembourg
Finance
“We’re open to new phenomena: Our regulator was the first to consider virtual currencies as ‘money’”
NICOLAS MACKEL
CEO of Luxembourg for Finance
Finance
“The Luxembourg Green Exchange lists 50% of the world’s green bonds”
ROBERT SCHARFE
CEO of Luxembourg Stock Exchange
Education & Research
The crossroads of medical research
Education & Research
“Our research has earned us interest from NASA”
Fernand Reinig
CEO of Luxembourg Institute of Science & Technology
Business Services
“Brexit has clearly been positive for Luxembourg”
Henri Wagner
Managing Partner of Allen & Overy
Real Estate & Construction
“There is a lack of up to 6,000 homes in Luxembourg”
Marc Giorgetti
Managing Director of Félix Giorgetti
Retail
“Many Hollywood stars, politicians and business leaders wear our glasses”
Maurice Leonard
Founder & CEO of Gold & Wood
Healthcare
“Luxembourg will become a showcase for how research will become more translational and integrative”
Ulf Nehrbass
CEO of Luxembourg Institute of Health
Education & Research
“42% of Luxembourg students are enrolled in Master’s or PhD programs”
MARC HANSEN
Delegated Minister to Higher Education and Research
Diplomacy
“The US is our most important economic partner outside of Europe”
JEAN ASSELBORN
Foreign Minister of Luxembourg
Logistics
“We are investing €3.8 billion to extend and modernize our rail infrastructure”
Francois Bausch
Minister of Infrastructure and Sustainable Development
