MEDIAPORT LUXEMBOURG
Category: BUSINESS
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Date Added: 4:07 pm - October 31, 2009
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Doing Business in Luxembourg
Luxembourg is a prime location for content and data management as well as headquarter functions.
Individuals, companies and the public sector alike have embraced the IT revolution from the start. Computer literacy is among the highest in Europe, and companies of all kinds are exploring the opportunities to start Internet-related activities in the country.
Luxembourg, more than any other European country, is a "comfort zone". Its open Government has helped the country achieve a very strong economic performance in Europe with sustained growth, outstanding price stability and a low unemployment rate, while encouraging the development of new industries and sectors.
The Grand Duchy features a very high GDP per capita. A comprehensive social security regime is providing the basis for social harmony.
Due to its highly strategic position in the heart of Europe, the Grand Duchy offers rapid transport connections to other European capitals.
It is a multilingual country where English, French and German are widely spoken, as well as the vernacular language called "Lëtzebuergesch".
Last but not least, the quality of life is outstanding.
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