Given that its e-commerce sector makes up only a fraction of total retail in Luxembourg, there is plenty of room for development. Consumer spending increased in , while unemployment fell, both of which are broadly positive for the e-commerce sector. Perhaps as a result of such rapid expansion, growth is projected to slow to a compound annual growth rate of eight percent out to Internet penetration, for example, is high at 98 percent and such technology acceptance will enable further gains. The government is supporting attempts to change this by backing new e-commerce platforms, such as Letzshop, an online marketplace for Luxembourgian consumers and retailers. The site was launched in September and aims to increase internet shopping offerings by facilitating online selling to retailers who cannot operate their own online sales channel. Prior to the creation of Letzshop, only seven percent of Luxembourg-based merchants were selling online. Given this reality, consumers would typically spend their money abroad. Major international brands are now viewing Luxembourg and the Benelux region in general as an untapped opportunity. For example, at the end of , Chinese giant Alibaba announced plans to build its first European logistics hub in Belgium, km northwest of Luxembourg City.
500 speed-dating sessions at Cartoon Games
The Cartoon Games took place today, just before Cartoon Movie. Organised in collaboration with the Imaginove cluster, these meetings aim to foster partnerships upstream between animation producers and video game companies. The aim is to encourage the players of both worlds to multiply opportunities for cooperation between animation and video games. This year, 42 video game representatives from Belgium, Germany, France, Spain and the United Kingdom, along with 31 animation producers met during more than meetings.
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Speed Dating for Culture Organisations in Luxembourg
Silicon Luxembourg and the Khube are happy to organise a speed dating event for startups and banks. If so then fill out the 1-pager here and send along a presentation about your company to thekhube kpmg. The ten selected startups will be notified by email. Request for proposal. Insights Industries Services Careers About us.
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In half-hour meetings, potential partners clarified questions about collaborations, projects and investments in wind, solar and hydro technologies. The Investor Summit was organized by energy companies and has established itself in the European energy sector. For more information about the New Energy Investory Summit, click here.
Weather conditions are the main and uncontrollable driver of earnings volatility for the renewable energy industry.
It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Its capital, Luxembourg City , is one of the four official capitals of the European Union  together with Brussels , Frankfurt , and Strasbourg and the seat of the Court of Justice of the European Union , the highest judicial authority in the EU. Its culture, people, and languages are highly intertwined with its neighbours, making it essentially a mixture of French and German cultures, as evident by the nation’s three official languages : French, German, and the national language of Luxembourgish.
The repeated invasions by Germany, especially in World War II , resulted in the country’s strong will for mediation between France and Germany and, among other things, led to the foundation of the European Union. Luxembourg is a developed country , with an advanced economy and one of the world’s highest GDP PPP per capita , as well as being one of the smallest countries in Europe.
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On November 14 and 15, Luxembourg Internet Days and the ICT sector will be doing everything they can to help businesses — starting with SMEs — initiate or reinforce their digital switchover. Interested in the possibilities the new technologies are opening up? Wondering how to deal with the challenges raised by digitalizing your small or medium-sized enterprise? Want training or information about solutions and methods for taking your first steps in the digital age?
This is a LU-CIX event, with a pragmatic and practical approach; it offers top-quality talks, round-table discussions and training sessions. The event was a historic success, attracting more than a thousand attendees from more than enterprises ; the event is looking just as good. The challenge posed by digital switchover has rapidly become global, and the edition of the event will be showcasing Canada and the Province of Quebec, with a view to promoting new economic synergies between the two countries.
Like it or not, the digital switchover is here to stay.