In a joint effort by the Luxembourg Directorate of Defence and Luxinnovation, a selection of national innovation facilities has just been selected to integrate the DIANA (Defence Innovation Accelerator for the North Atlantic) network of NATO.
Luxembourg and McLean, VA, 30 April 2024 — SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights.
Banking income grew by 42% as state-owned company benefited from higher interest rates
Further EU moves to strengthen single market and cut red tape required to kickstart business activity, outgoing president Michèle Detaille says
During its General Assembly on Wednesday 24 April 2024, Banque Internationale à Luxembourg (BIL) shareholders approved the bank’s 2023 financial results.
General Members News CYSANA (CYberSecurity ANAlytics) is a new AI-based enterprise solution to protect against malware and ransomware announced today by the cybersecurity company Conatix, in collaboration with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT).
CYSANA stops malware and ransomware before they have an impact on business. It does this by integrating the most recent developments in deep learning neural network-based image classification and anti-encryption research.
On Wednesday 24 April 2024, Cargolux held a press conference at their premises in Sandweiler to present their 2023 results.
Professionals of the real estate industry in Luxembourg gathered last week to discuss the topic “Accessing the Luxembourg Real Estate Market via investment funds: Perspectives for 2024/2025”
General Members News For the past two decades, the EU Merger Regulation (EUMR) has promoted effective transaction screening and made a substantial contribution to increasing deal certainty. Read more on how EU mergers have evolved since the introduction of the EUMR and how the framework can be improved further.
Global law firm DLA Piper will move into its new Luxembourg home, the iconic Nova Building in the centre of Luxembourg City, on 2 April 2024. Located on the Place de l’Etoile, the newly rebuilt 4,000 m.sq. office marks a larger local footprint for the firm. This significant investment reflects the continued growth and success of the firm’s Luxembourg office, and reaffirms its commitment to strengthening its position in the country. The office relocates from its former home in the Kirchberg district.
The Grand Duchy’s financial centre scored particularly well within 3 Areas of Competitiveness in the index, namely Human Capital, sitting at number 3 globally just behind New York and London, further emphasising the depth of expertise in Luxembourg’s financial sector. The country also scored well in Infrastructure where it placed 5th, and Business Environment where it is positioned 8th.
The University of Luxembourg is committed to expanding its academic offer, while keeping a close eye on labour market trends as well as societal or technological developments.