Economy

The Export Award 2015-2016: Luxembourg companies conquer the world

3 Luxembourg companies were rewarded for their conquest of new markets
On 3 February 2016, the Luxembourg Export Credit Agency (Office du Ducroire, ODL) and the Chamber of Commerce organised the 2015-2016 edition of the 'Export Award' prize. The ceremony was attended by His Royal Highness the Hereditary Grand Duke and some 200 participants. The Export Award honours Luxembourg SMEs that have distinguished themselves by their efforts to conquer new markets.

Export Award 2015-2016On 3 February 2016, the Luxembourg Export Credit Agency (Office du Ducroire, ODL) and the Chamber of Commerce organised the 2015-2016 edition of the 'Export Award' prize. The ceremony was attended by His Royal Highness the Hereditary Grand Duke and some 200 participants. The Export Award honours Luxembourg SMEs that have distinguished themselves by their efforts to conquer new markets.

This 3 February, 3 companies were distinguished among the 17 selected candidacies. The awards were presented by His Royal Highness the Hereditary Grand Duke and Arsène Jacoby, jury chairman and president of the ODL:

  • 3rd Prize: Gilles Tooling GmbH - a company founded in 2005, which sells innovative and high-quality accessories for motorcycle enthusiasts from around the world, for speed races or simply driving on the road. The company carries over 99% of sales for export, and employs 37 workers. 
  • 2nd Prize: Keller AG - a wrought iron manufacturer that evolved from its humble origins to become a company designing, manufacturing and distributing modern conservatories and innovative sliding and fixed window systems. The company carries over 52% of sales for export, and employs 110 workers.
  • 1st prize: Fast Track Diagnostics - this company is a leading global supplier of kits for performing accelerated complete diagnostics for the detection of infectious diseases. FTD today exports more than sixty different diagnostic kits to nearly 70 countries worldwide. The company carries over 93% of sales for export, and employs 44 workers.

Success stories Luxembourg-style

Awarded every two years, the prize was awarded for the first time in 2011 to four companies, on the occasion of the 50th anniversary of the Luxembourg Export Credit Agency. The award is open to SMEs in all economic sectors and is placed in the context of the actions that the two institutions lead as part of their policy of support for SMEs.

The awarded companies are exemplary of Luxembourg's dynamism and innovative potential, as well as the large openness of the Luxembourg economy to international markets. In 2014, Luxembourg companies exported goods worth a total of 11.431 billion euros.

(Source: press release by the Chamber of Commerce)

  • Updated 08-02-2016