Business and economy

The State Savings Bank (Banque et caisse d'épargne de l'Etat, BCEE) was founded in 1856 and is the only Luxembourg bank without any foreign shareholders, its sole shareholder being the Luxembourg State.

Christof Weber / SIP
The Luxembourg Central Bank (Banque centrale du Luxembourg, BCL) was founded in 1998 and is in charge of essential missions regarding the financial stability and monetary policy.

Christof Weber / SIP
The Employment Administration (ADEM) is responsible for gathering information about the job market and also offers professional orientation services.

Christof Weber / SIP
Luxembourg Airport is the country's gateway to the rest of the world. The national airline Luxair links Luxembourg to most European hubs and cities. Other companies fly from Luxembourg to places all over the world.

Christof Weber / SIP
Former headquarters of Arbed and ArcelorMittal in Luxembourg, the number one steel maker in the world.

Information and Press Service of the Luxembourg Government
In 2006, more than 4,400 people were active in the food sector.

Christof Weber / SIP
The Boulevard Royal is one of the capital’s busiest streets and home to numerous financial institutions.

Christof Weber / SIP
The Luxembourg Stock Exchange was founded in 1927 and today counts more or less 4,000 issuers of 105 different nationalities.

Christof Weber / SIP
The Luxembourg brewers are specialised in producing white beer and pils beer. The national market counts five national breweries and a few smaller breweries sharing the market of traditional beers.

Christof Weber / SIP
Luxembourg’s international airport is the 5th largest freight airport in Europe and home base of Cargolux.

Christof Weber / SIP
The famous “Route du Vin” or “Wine Route” is located in the southeast of Luxembourg. The route leads from Schengen to Wasserbillig, via Remich and Grevenmacher. The vintners produce high quality wines and sparkling wines which have now become internationally renowned.

Christof Weber / SIP
Electric powerplant near Esch-sur-Alzette.

Christof Weber / SIP
Mostly located around the capital, large shopping centres offer a wide selection of goods.

Christof Weber / SIP
In Luxembourg the construction sector is a rapidly growing economic sector.

Christof Weber / SIP
The Luxembourg trade industry is a dynamic sector of the national economy as it represents 20% of employment.

Christof Weber / SIP
Luxembourg is a key location for the establishment of international companies - for instance DuPont de Nemours in Contern.

DuPont de Nemours
Since 1983, the domestic employment has been constantly growing, especially because of the significant inflow of cross-border commuters, who occupy one third of the jobs in Luxembourg.

Christof Weber / SIP
Thanks to the Schengen Agreements, there are no more controls at Luxembourg's borders.

SIP
The site of Goodyear in Luxembourg, which is located near the town of Colmar-Berg, north of the capital, is the largest factory of the tire producer outside of the United States.

Goodyear Luxembourg
From luxurious hotels to youth hostels, campsites and holiday cottages, Luxembourg offers a limitless range of accommodations for individuals, groups or families.

Christof Weber / SIP
The Luxembourg House of Finance, located in Luxembourg-Kirchberg, is home to the major professional organisations of the finance sector, such as the Luxembourg Bankers’ Association (ABBL), the Association of the Luxembourg Fund Industry (ALFI), the Transfer of Financial Technology (ATTF) and Luxembourg for Finance (LFF).

Luxembourg for Finance
The “Langer Banker” (Long Banker) is 26 feet high and one of the many sculptures on display on the Kirchberg plateau, the European quarter and finance district in Luxembourg City.

Christof Weber / SIP
The national airline company Luxair was founded in 1948.

Christof Weber / SIP
Agriculture and forestry ensure, by virtue of their activities, the conservation and protection of the natural environment’s and embody a safeguard of the idyllic Luxembourg landscapes.

Editions Guy Binsfeld
In Luxembourg, 70% of the craftsmen work in the construction sector (2010).

Christof Weber / SIP
The RTL-Group (Radio Television Luxembourg), Europe’s largest private media group, started broadcasting in 1930. Its head office is in Luxembourg. The group has an international presence in twenty countries and reaches more than 250 millions of spectators in the world.

Tim Lecomte / SIP
Luxembourg is a thriving hub for leading multinational media and ICT companies. Many companies have established their headquarters in Luxembourg, enticed by the advantageous regulatory framework.

Christof Weber / SIP
Companies have increasingly relocated research and development activities to Luxembourg, attracted by the government's allocation of financial and organizational resources of the past 30 years.

Christof Weber / SIP
The headquarters of SES, operator of Astra satellites, are in Luxembourg. It is the leading provider of satellite services in Europe.

Christof Weber / SIP
The TGV, France's high-speed train, links Paris to Luxembourg in 2 hours and Strasbourg to Luxembourg in 90 minutes.

CFL
The Luxembourg railroad network stretches over 275 km and links the most important cities of the country. The Central Station in Luxembourg City is the hub of the national network and gate to the European railway network.

Christof Weber / SIP
Wine growing is the main economic activity of the Moselle region.

Rob Kieffer/ SIP
  • Updated 08-09-2017