Home > Economy & Business > Business News

Richard G. "Rick" Minor has been honored by the Luxembourg government for his personal contributions to the Luxembourg economy.
Click here for more on the subject!

Luxembourg Steel used in Freedom Tower
Luxembourg steel manufactured by Arcelor S.A. is going to be used in a high-rise office building called the Freedom Tower in lower Manhattan as part of the plan to redevelop the seven-hectare site of the former World Trade Center Twin Towers.
Click on Fall 2006 Newsletter at right for more!

San Francisco Symphony opens 2nd season at Luxembourg’s “Philharmonie”
On September 13th, the San Francisco Symphony, under Music Director Michael Tilson Thomas, appeared in Luxembourg’s “Philharmonie” Concert Hall, for a performance of Mahler’s Symphonie No. 8. After a memorable success, and a standing ovation by the public, the Orchestra continued to Lucerne,
Switzerland for another 3 concerts.
Click on Fall 2006 Newsletter at right for more!

Delphi Corporation Retains Luxembourg Facilities, Announces Plans to Relocate its Powertrain Systems Division to Bascharage Center
Delphi Corporation, one of the leading developers of products for the automotive and transportation industries, will retain its Luxembourg Customer Technology Center and European Thermal Division Headquarters in Bascharage. This site employs 700 professionals from several Delphi divisions.
Click on Summer 2006 Newsletter at right for more!

LACC Business Award
NEW YORK, New York, September 6, 2006 – The Luxembourg American Chamber of Commerce in the United States today announced that it will bestow its 2006 Luxembourg American Business Award upon Pasadena, California-based Avery Dennison Corp. and its President and Chief Executive Officer Mr. Dean A. Scarborough.
www.luxembourgbusiness.org

Ministerial Delegation

Economic Freedom Index
NEW YORK, New York, January 16, 2006 -- The Year 2006 Heritage Foundation/Wall Street Journal's annual Index of Economic Freedom, the twelfth anniversary edition of the Index, has ranked Luxembourg the fourth freest economy in the world. In the latest survey Luxembourg’s ranking, following only Hong Kong (1); Singapore (2); and Ireland (3); places it ahead of the United States (9); United Kingdom (5) and the Netherlands (16). The index compiles economic data on 161 countries, analyzed by Heritage Foundation economists and Wall Street Journal editors.