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The University of Luxembourg is ranked 14th among the best young universities in the world, according to the latest Time Higher Education (THE) 150 Under 50 Rankings 2016. The 150 Under 50 Rankings are a global list of the best universities that have been established within the last 50 years. Institutions are evaluated on 13 performance indicators grouped into five categories: teaching, research, citations, international outlook and industry income. “We are very proud to have been listed 14th in this ranking,” said University President Rainer Klump. “This confirms once more that our clear international orientation pays off. And it is our goal to become one of the future leaders in higher education.” The University of Luxembourg achieved particularly high average scores in terms of international outlook and citations. The international outlook indicator takes into account the percentage of international students and international staff as well as international collaboration in terms of research. The University currently counts 115 different nationalities among its students and 83 different nationalities among its staff members. The international orientation of the university also contributes to its high performance in other indicators, facilitating the recruitment of professors, researchers and students from all over the world and thus also increasing the quality of research and teaching. The University’s strong performance in terms of citations shows that the young institution already has a strong research capability. This indicator captures the number of instances a university’s published work is cited by scholars globally, compared to the number of citations a publication of similar type and subject is expected to have, using data drawn from 23,000 academic journals. Source: Chronicle.lu
Luxembourg has granted one of the longest-standing bitcoin exchanges a licence as a fully regulated payment institution. Finance Minister Pierre Gramegna gave the stamp of approval to Bitstamp, a Europe-based bitcoin exchange, by signing the licence. It means the Bitstamp will become the first fully licensed bitcoin exchange in Europe, going into effect on July 1, when their new headquarters in Luxembourg will be fully operational. Bitstamp's license is passportable into the 28 EU member states providing all European customers with a robust, secure platform for bitcoin trading. Bitstamp has simultaneously launched BTC/EUR trading to better serve the European markets, and is offering free trading in BTC/EUR for both new and existing customers for 30 days. History of Furthering Innovation Luxembourg's Minister of Finance Pierre Gramegna said: "Luxembourg has a long-standing history as an international leader in innovation. That Bitstamp has chosen Luxembourg as its European hub only strengthens that reputation. I believe this announcement marks a milestone for bitcoin and digital finance in Europe. Bitstamp is a most welcome addition to Luxembourg's fintech ecosystem.” Bitstamp is the first and only nationally licensed bitcoin exchange. Established in 2011, Bitstamp is a marketplace allowing people from all around the world to securely buy and sell bitcoin. Bitstamp has raised a 10m USD Series Seed round from blockchain venture capital firm Pantera Capital. Source: Wort.lu 
In the presence of Etienne Schneider, Deputy Prime Minister and Minister of the Economy of Luxembourg and Fernand Schiltz, Mayor of Contern, Kuehne + Nagel held the ground-breaking ceremony of its new logistics centre in Contern, Luxembourg. The new state-of-the-art facility with bonded and non-bonded areas will be ideally located within close proximity to major highways and ports which enables fast access to European destinations. It will have 40 loading bays and be suitable to store up to 56.000 pallets. The total warehouse capacity is 46.000 m² built on a land plot of 80.000 m². The logistics centre will be equipped with advanced technology and automation solutions to help improve workflow processes, reduce time required to pick, pack and ship items and enable orders to be fulfilled faster. 20.000 m² of the warehouse space will serve the Fanuc Europe Corporation as a European Distribution Centre and a Product Customisation Centre for Robots and Robomachines. In addition to the warehouse operation, Kuehne + Nagel will manage the distribution of all Robots and Robomachines to the European market. The remaining space is designed to support customers in their growing demands for integrated end-to-end solutions in Luxembourg, with a main focus on industrial goods and eCommerce activities. Etienne Schneider, Deputy Prime Minister and Minister of the Economy , welcomed Kuehne + Nagel's decision: "Kuehne + Nagel's expansion in Luxembourg is a mark of trust in our country as a prime logistics hub in Europe. This project is also a significant step towards the implementation of the logistics action plan that foresees, among others, to develop the Eurohub Centre site as a logistics park in Contern next to the Eurohub South logistics park in Bettembourg-Dudelange." Kevin Nash, Managing Director of Kuehne + Nagel BeLux said, “We are very excited about the expansion of Kuehne + Nagel in Luxembourg. This new warehouse and distribution centre underlines our commitment to leverage on the prime position that Luxembourg offers within Europe enabling us to provide best in class end-to-end solutions to our customers”. The new Kuehne + Nagel Contern logistics centre is expected to be completed by the end of 2016. Source   Source: Kuehne + Nagel
The Luxembourg Government announced the launch of a seed fund created jointly with a group of private investors to support the financing and development of start-ups operating in the field of information and communication technologies (ICT), considered as a key sector for the diversification of the national economy. Named “Digital Tech Fund”, the fund was set-up on the initiative of the Ministry of the Economy as part of the national “Digital Lëtzebuerg” initiative. It will acquire stakes in promising innovative companies of less than seven years of age which have preferably already developed functioning prototype of their products. The fund will especially – though not exclusively – aim to invest in areas such as cybersecurity, FinTech, Big Data, Digital Health, the media and the next-generation communication networks, digital learning, the internet of things or telecommunications and satellite services. Set up according to the principle of an “evergreen fund", the Digital Tech Fund will also be aiming to facilitate the transfer of new technologies from public research, particularly from the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the University of Luxembourg. The Digital Tech Fund is managed by Expon Capital whose team was selected because of its  strong track record in investment management. The Luxembourg Government invested EUR 5 million in the Digital Tech Fund. The other investors contributed a total of EUR 15.33 million, including EUR 3 million from Société Nationale de Crédit et d'Investissement (SNCI) and EUR 1 million from the University of Luxembourg. Developed under a public-private partnership, the fund also includes the following partners (in alphabetical order): Arendt & Medernach, Banque Internationale à Luxembourg SA (BIL), Expon Capital, High Capital, POST Capital, Proximus and SES. Deputy Prime Minister and Minister of the Economy, Étienne Schneider, stated: “In meeting the financing needs of start-ups in their launch phase, the Digital Tech Fund rounds off the national ecosystem for promoting the development of young innovative companies in the field of ICT. Augmenting the existing financing instruments and government support measures such as the Fit4Start programme, the various support regimes of the Ministry of the Economy or the Luxembourg Future Fund, this new investment vehicle further enhances Luxembourg's appeal for start-ups and will help attract new innovative businesses.” Karim Michel Sabbagh, SES chairman and CEO: “Continuously developing Luxembourg, an open and interconnected economy in the heart of Europe, relies on attracting the right intellectual capital. Such highly mobile and international talent seek the best clusters of intellectual inspiration and funding – places where audacity will be stimulated. Luxembourg has a lot to offer to such talent thanks for instance to the University of Luxembourg, several government support instruments, the proximity of financial and industrial experts, and now the Digital Tech Fund. Established private companies will benefit as well as making it easier for us to attract talent and innovative ideas ourselves.” Alain Rodermann, founding partner at Expon Capital : “Our team has a combined 30 years of experience in venture capital in well-known companies and close to 50 investments in Europe and the US. As asset managers, we put our expertise to work for entrepreneurs, particularly in laying the foundations for successful international growth.” Press release by the Ministry of the Economy.  
Luxembourg, March 24, 2016 – Goodyear, together with the Luxembourg government and IEE have announced their plans to develop a new Automotive Campus, dedicated to innovation. The Luxembourg Automotive Campus will be a unique research and development area, providing state of the art facilities to companies involved in technological innovation for the automotive sector. “The creation of the Automotive Campus will foster business growth opportunities within the European automotive sector for Goodyear, its campus partners and the country of Luxembourg. As a founding partner and one of the first to locate a new facility at the Campus, Goodyear looks forward to collaborating with other progressive companies on the design, testing and incubation of new concepts,” said Jean-Claude Kihn, President Goodyear Europe, Middle-East and Africa. He added, “Innovation Excellence is a core element of Goodyear’s strategy. The company has been practicing a philosophy of open innovation around the globe for many years. Now we will expand it further by joining the Automotive Campus. In this way Goodyear continues to play an active role in the development of Luxembourg’s future economy.” Etienne Schneider, Luxembourg’s Minister of the Economy commented, “The Luxembourg Automotive Campus will provide equipment and service professionals from the automotive sector with new tools and infrastructure that will allow them to remain dynamic – and therefore innovative and competitive – in a market in constant evolution. With the ability to ultimately accommodate 4000 people, the campus will be the future shop-front of the sector and will make of Luxembourg, more than ever, a destination of choice for automotive suppliers.” Working within this new state-of-the-art environment, the Automotive Campus will accelerate Goodyear’s contribution to future mobility solutions and deliver smart products and services that anticipate customers’ and consumers’ needs. Goodyear has a strong association with Luxembourg. Over a period of almost 70 years its presence has grown from a single tire plant to three plants, proving grounds, laboratories, distribution facility and a global innovation center. The new Goodyear facility on the Campus will be home to 1,500 employees, including around 1,000 scientists, engineers and technicians from its innovation center as well as regional and global functions currently based in Luxembourg. The Campus will be located on land currently occupied by Goodyear’s former wire plant in Bissen. The land will be sold to the Luxembourg government. Carlos Cipollitti, General Director Goodyear Innovation Center Luxembourg added “Becoming a founding partner of the new Luxembourg Automotive Campus is a logical next step for Goodyear. Bringing Goodyear Luxembourg’s non-manufacturing teams together at a single location will foster increased collaboration, improved efficiency and further advance our ability to work as ‘One Team’. The new campus facilities will offer a state-of-the-art working environment that will address the current and future needs of our employees and attract the brightest and best talent.”   Source: Goodyear 

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Luxembourg, Your European eBusiness Platform
Luxembourg, Your European eBusiness Platform
FOCUS magazine 1 - Automotive components made in Luxembourg
FOCUS magazine 10 - Future manufacturing technologies
FOCUS magazine 2 - A thriving space industry
FOCUS magazine 3 - Environmental innovators hit the spotlight
FOCUS magazine 4 - High hopes for health
FOCUS magazine 5 - Leading the way in ICT security
FOCUS magazine 6 - Making materials smarter
FOCUS magazine 7 – A home for growth
FOCUS magazine 8 - A green Heart for Logistics
FOCUS magazine 9 - Space: Expanding the frontiers of innovation
Foreign Researcher’s Guide to Luxembourg
Just arrived
Logistics Hub Luxembourg, Putting Europe at your fingertips
Logistics Hub Luxembourg, Putting Europe at your fingertips
Luxembourg in Figures
Luxembourg Space Capabilities
Luxembourg – an attractive location for Treasury and Corporate Finance operations
Luxembourg, a pioneer in space
Luxembourg, an attractive IP destination - publication cover
Luxembourg, an attractive IP destination
Luxembourg, an attractive IP destination - publication cover
Luxembourg, an attractive IP destination
Luxembourg, sights and attractions
Luxembourg, your automotive business partner
Luxembourg, your automotive business partner
Luxembourg, your prime business location
Luxembourg, your prime business location
Luxembourg: a Gateway to Space
Shaping the future of finance
SurprisingLux
Visit Luxembourg
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Shaping the future of finance

Luxembourg, your prime business location

Logistics Hub Luxembourg, Putting Europe at your fingertips

Luxembourg, Your European eBusiness Platform

Luxembourg, an attractive IP destination

Luxembourg, your automotive business partner

Luxembourg, a pioneer in space

Luxembourg in Figures

FOCUS magazine 10 - Future manufacturing technologies

FOCUS magazine 9 - Space: Expanding the frontiers of innovation

FOCUS magazine 8 - A green Heart for Logistics

FOCUS magazine 7 – A home for growth

FOCUS magazine 6 - Making materials smarter

FOCUS magazine 5 - Leading the way in ICT security

FOCUS magazine 4 - High hopes for health

FOCUS magazine 3 - Environmental innovators hit the spotlight

FOCUS magazine 2 - A thriving space industry