Luxembourg board of economic development
Located in the heart of Europe, Luxembourg is a gateway to the European market with more than 550 million consumers. Due to its political and social stability, skilled and multilingual workforce, state-of-the-art infrastructures, excellent connectivity to markets, favorable legal environment and attractive tax climate, Luxembourg offers an exceptional range of assets and opportunities for doing business in Europe.
Home to major global players Today, Luxembourg is home to best-in-class companies playing on a global level. ArcelorMittal in steel, Cargolux in air freight, SES in satellites, and RTL Group in media are today leaders in their fields and are headquartered and/or come from Luxembourg origins. Foreign investors have, over the last decades, also continued to choose Luxembourg as a base for their European operations: Goodyear, Delphi, Dupont de Nemours from the United States, Fanuc from Japan, Mittal (Ispat) and Tata from India as well as Sam Hwa Steel and Hyosung from Korea – are only some examples of major multinational companies that have become mainstays of the Luxembourg economy. Recently, the Luxembourg has become home to the ‘stars’ of the ICT sector: AOL, Amazon, eBay, Skype, PayPal, Digital River, Napster and iTunes are household names that elected Luxembourg as European headquarters.