The Grand Duchy of Luxembourg is renowned for its political and social stability, skilled and multilingual workforce, state-of-the-art infrastructure, excellent connectivity to markets, as well as for its favorable legal environment and financial climate.
Over the last decades, Luxembourg has become one of the leading financial centers in Europe and the world.
Simultaneously, the government has consistently carried an economic diversification policy, investing heavily in key areas where the country is on the forefront: space technologies, logistics, clean technologies, bio and health technologies, automotive components and information and communications technologies in general.
A number of international industrial groups, such as ArcelorMittal, Delphi, Goodyear and SES, have chosen to locate R&D operations in the Grand Duchy, thereby taking advantage of the proximity of Luxembourg's public research sector, which has developed considerably over the past few years. Today, the University of Luxembourg and several other research centres with various specialisations make up the public research environment in Luxembourg.