Industry

Companies & Strategies
Philippe Schmitz, Rotarex deputy CEO & director; Crown Prince Guillaume; Rotarex CEO Jean-Claude Schmitz and Luxembourg economy minister Franz Fayot, at the inauguration of Rotarex’s new site in Asan, South Korea, 29 November 2022. Photo: SIP/Julien Warnand
INDUSTRY

“Hidden champion” industry leader Rotarex inaugurates factory in Korea

Luxembourg industrial player Rotarex inaugurated its factory in Asan, South Korea, on Tuesday morning local time. It’s the first investment in the country by a 100% Luxembourg-owned company.

Natalie A. Gerhardstein (in Asan, South Korea) • 29.11.2022
Minister of science and ICT of South Korea Jong-ho Lee shaking hands with Luxembourg economy minister Franz Fayot after the signing on Monday. Photo: SIP / Julien Warnand
INDUSTRY

Luxembourg signs space MoU with South Korea, as latter anounces new roadmap

Natalie A. Gerhardstein • 28.11.2022
Christophe Timmermans of SolarCleano, Mathieu Weber of Cargolux) and Pierre Jadin of Goodyear were presented with Fedil innovation awards, 24 November 2022. Photos: Fedil; montage: Maison Moderne
INDUSTRY

SolarCleano, Cargolux and Goodyear honoured

Mathilde Obert • 25.11.2022
François Neu, founder of Enerdeal, a company whose business model is to offer the installation and financing of solar panels to companies via a joint venture. (Photo: Sudstroum)
INDUSTRY

Building and financing solar carports 

Aurélie Boob • 22.11.2022
The steel giant posted a net profit of $993m compared to $4.6bn in the same quarter last year. (Photo: Guy Wolff/Maison Moderne/Archives)
INDUSTRY

ArcelorMittal net profit falls by 78%

Jeremy Zabatta • 10.11.2022
Her passion for fitness and desire for business knowledge pushed Denisa Šustalová through obstacles such as suffering a burnout or the closure of her start-up during the pandemic but she insists she isn't self-made and credits advice from her mentors in the business world. Guy Wolff/Maison Modene
INDUSTRY

Denisa Šustalová’s path proves there is no self-made entrepreneur

Teodor Georgiev • 01.11.2022
Consumer gas prices in the grand duchy in January-June 2022 were 36.6% higher than the same period in 2021 and 27% higher than in the first half of 2020. Photo: Ilse Driessen/Unsplash
ECONOMY

How much did electricity & gas prices go up in first half of 2022?

Aaron Grunwald • 31.10.2022
Claude Turping is managing director of Valorlux. Valorlux asbl
INDUSTRY

Valorlux director: packaging shift brings its own challenges

Lydia Linna • 30.10.2022
Ninian Wilson, Daniel Liebermann and Michele Gallo from the ministry of the economy, Nick Read and minister Franz Fayot at the Arch Summit where they signed an MOU on the establishment of a pan- European Logistics Hub in Luxembourg. MECO
ECONOMY

Fayot welcomes Vodafone plans for pan-European hub in Bettembourg

Duncan Roberts • 28.10.2022
Following the announcement of its results, TotalEnergies was quick to announce the payment of a 13th month's salary to all its employees worldwide. (Photo: Guy Wolff/Maison Moderne/Archives)
INDUSTRY

Record profits for TotalEnergies and Shell

Jeremy Zabatta • 27.10.2022
CEO Naruo Kanemoto told Delano his company Space Shift would be opening offices in the grand duchy at the start of 2023. Matic Zorman / Maison Moderne
INDUSTRY

Japanese space AI software company to move to Luxembourg

Tracy Heindrichs • 27.10.2022
Simon Schories, brand manager at Skoda Luxembourg believes that the future of mobility lies in electro cars.  Photo: Lisa Christl/Maison Moderne
INDUSTRY

Simon Schories: “This decade belongs to electromobility”

Lisa Christl • 26.10.2022
At the Liberty Steel plant in Dudelange, 50% of the staff are currently on leave and 50% are on site but not producing anything.  (Photo: Guy Wolff/Maison Moderne/Archives)
INDUSTRY

Pressure on Liberty Steel increases

Jeremy Zabatta • 25.10.2022
Rosport represents more than 50% of the bottled water market in Luxembourg's catering industry, while competition is fierce in the retail sector. (Photo: Romain Gamba / Maison Moderne / Archives)
INDUSTRY

Albert Reiffers acquires Sources Rosport

Thierry Labro • 24.10.2022
Joseph Kinsch was “the architect of the modernisation of the Luxembourg steel industry and its continued globalisation,” according to Bruno Theret, senior advisor at ArcelorMittal. Photo: Andrés Lejona/Paperjam archives/2011
INDUSTRY

Tributes for Joseph Kinsch, visionary giant of the Luxembourg steel industry

Duncan Roberts + Nicolas Léonard • 23.10.2022
According to the Luxembourg industry federation, companies that want to hire third-country nationals face obstacles that are disproportionate. Photo: Matic Zorman /Maison Moderne/ archives
INDUSTRY

Attracting non-EU talents is difficult

Lisa Christl • 21.10.2022
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