News

The fifth edition of Space Resources Week is taking place between 19 and 21 April 2023 as a 3-day hybrid conference connecting thought leaders from space agencies, research institutes, start-ups, and industry (both terrestrial and space).

On April 17 2023, the Prime Minister, Minister of State, Xavier Bettel, the Minister for the Environment, Climate and Sustainable Development, Joëlle Welfring, the Minister for Energy, Claude Turmes, and the Minister of the Economy, Franz Fayot, presented the first draft for the update of the "Energie- a Klimaplang fir Lëtzebuerg".

On 4 April, Luxinnovation and the Luxembourg Institute of Science and Technology (LIST) signed a memorandum of understanding (MoU) regarding the development of the recently inaugurated Sustainable Composite Materials and Manufacturing Innovation Centre (SCMM).

On 30 March, the Minister for Tourism, Lex Delles, presented the new "Business Events 2030" strategy. The business events sector - which includes conferences, congresses, meetings, exhibitions, trade fairs, corporate events, incentives and special events - has great potential for development.

The designation as European Digital Innovation Hub (E-DIH) broadens the scope of the Luxembourg Digital Innovation Hub (L-DIH) as a one-stop-shop for the digital transformation of the Luxembourg manufacturing sector by providing additional channels and financial resources for more impact in Luxembourg and Europe.

On Friday, 17 March 2023, the Ministry of Finance, Ministry of the Economy, Société nationale de crédit et d'investissement (SNCI) and the European Investment Fund (EIF) officially launched the Luxembourg Future Fund 2 (LFF 2).

At the invitation of the President of the Republic of Latvia, Egils Levits, HRH the Grand Duke paid a state visit to the Republic of Latvia from 13 to 14 March 2023. He was accompanied by Jean Asselborn, Minister of Foreign and European Affairs, and Franz Fayot, Minister of the Economy.

On 21 February 2023, the General Directorate for Tourism officially launched the call for entries for the second edition of the "Luxembourg Tourism Awards", which will reward players in the sector who have been particularly innovative in their projects.

As of 17 February 2024, since the Digital Services Act (DSA) entered into force last November, providers of online platforms and providers of online search engines will be required to publish the average monthly active recipients of the service in the European Union.

The financing of enterprises and the coordination of state aid schemes are part of the specific tasks of the Ministry of the Economy as the body responsible for implementing economic development and diversification policy and economic promotion policy.

On 9 February 2023, the Minister for Tourism, Lex Delles, and the Minister for the Environment, Climate and Sustainable Development, Joëlle Welfring, awarded the 'EcoLabel Luxembourg' and 'bed+bike' labels.

During a visit to the Webasto site in Grevenmacher on 3 February, the Minister of the Economy Franz Fayot confirmed the financial support of the Ministry of the Economy to Webasto Luxembourg SA for the implementation of a new production line for high-tech glass for car roofs and windscreens.

The Minister of the Economy, Franz Fayot, attended the Gipfeltreffen der Weltmarktführer (Summit of World Market Leaders) in Schwäbisch Hall, where he gave a speech entitled "How Luxembourg is preparing its economy for tomorrow: resilience through green and digital transformation".

Prime Minister Xavier Bettel and Minister of the Economy Franz Fayot visited the premises of Artec 3D in Senningerberg on 31 January 2023 to inaugurate the company's new optoelectronic production site where its award-winning 3D scanners, which have contributed to its worldwide reputation, will be assembled and manufactured.

As part of its 5th anniversary, the Luxembourg Space Agency, in partnership with some twenty Luxembourg-based space companies and start-ups, is opening its doors to the general public throughout 2023.