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Economy
Luxembourg has an open, internationally connected economy at the heart of Europe. As a founding member of both the European Union and the eurozone, it offers direct access to more than 450 million consumers within the European Single Market. The country combines strong political and economic stability, reflected in its enduring AAA credit rating, with a forward‑looking business environment that actively encourages innovation and entrepreneurship.
Companies established in Luxembourg benefit from a highly skilled, multilingual workforce, as well as targeted support for research and development and sustainable technologies. Its diversified economy spans key sectors such as financial services, clean and advanced manufacturing, logistics, digital technologies, health technologies, and the space and satellite industries, positioning Luxembourg as a dynamic launchpad for business in Europe.
Supported by sustained investment in state‑of‑the‑art digital infrastructure and emerging technologies, Luxembourg offers a future‑ready ecosystem for companies seeking to advance in data‑driven innovation, artificial intelligence (AI), and quantum technologies.
Luxembourg is also one of the world’s leading international financial centres, attracting global banks, investment funds, insurance companies, and capital‑markets players. It is the second‑largest investment‑fund hub worldwide and the largest within the European Union. The financial sector provides international companies and investors with a stable, well‑regulated environment for accessing both European and global markets.
Luxembourg is a major European hub for business and innovation. Take advantage of our globally connected economy, our strong support for businesses, and our multinational workforce to expand your operations in European and global markets.
The Luxembourg financial centre offers a wide range of financial services that connect investors with markets around the world. Its stability and innovative spirit make it a leading European hub for international financial institutions.
As a professional chamber representing businesses across all economic sectors—with the exception of crafts and agriculture—the Chamber of Commerce sees its purpose and role as defending the interests of businesses and the economy.
Luxembourg offers an attractive overall framework for activities related to the use of space resources, having established an appropriate legal and regulatory framework to provide private companies and investors with a secure legal environment. In addition, the European Space Resources Innovation Centre (ESRIC), the world’s first innovation centre entirely dedicated to space resources is based in Luxembourg.
Luxinnovation is Luxembourg’s national innovation agency. It empowers companies to innovate today so they are ready for tomorrow. Luxinnovation also contributes to the development of the economy as a whole by identifying innovation opportunities and fostering collaborative innovation projects that drive the development of a sustainable, competitive, and digital economy.
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Embassy in Bulgaria
The Embassy of the Grand Duchy of Luxembourg in Prague supports companies and investors seeking to develop business ties between Luxembourg and Bulgaria. It facilitates contacts with public authorities, business associations, and institutional partners, provides guidance on the economic environment, and assists with participation in trade fairs, business forums, and official missions. In cooperation with Luxembourg Trade & Invest and the Luxembourg Chamber of Commerce, the Embassy also helps organize business delegations and sector-focused initiatives.
Luxembourg is one of Europe’s leading financial centres and a significant source of foreign direct investment in Bulgaria. As of 2023, the Grand Duchy of Luxembourg ranked 7th among leading investors in Bulgaria, and by the end of 2024, total Luxembourg investments in the country amounted to over €1.8 billion.
Luxembourg’s economic profile is characterized by strengths in financial services, innovation, and technology, including fintech, digital solutions, and space technologies - areas that also represent potential opportunities for cooperation with Bulgarian partners.
Academic collaborations and business networking continue to strengthen long-term links between the two countries.