RTL: DuPont Teijin Films to end production and lay off 160 workers
RTL is reporting that DuPont Teijin Films, a major producer of polyester films, is closing two production sites in Contern, affecting 160 of the 270 workplaces in Luxembourg.
RTL is reporting that DuPont Teijin Films, a major producer of polyester films, is closing two production sites in Contern, affecting 160 of the 270 workplaces in Luxembourg.
Luxembourg is constructing a Cyber Defence Cloud to be used both by Luxembourg itself and other NATO countries.
“We are pleased to be part of an international group of companies represented in AMCHAM”, says Andreas Pál, Senior Vice President & Head of Sales at Moventum S.C.A. “This membership offers us excellent opportunities to present ourselves and to advocate for our goals with political representatives.”
Luxembourg 1 March 2023 Elvinger Hoss Prussen continues to expand its global financial services regulatory practice with Henri Wagner joining. Leading law firm Elvinger Hoss Prussen has hired Henri Wagner as a partner in its global Corporate and Financial Services Regulatory (FSR) practices. Henri joins from Allen & Overy where he was heading the banking
The Chronicle reports on the City of Luxembourg’s a new call for applications for the short-term rental of commercial premises located in the city centre and in the Gare district.
IQ-EQ appoints Matthew Abbott to the newly created role of Global Head of Sales Operations as the leading investor services group expands its commercial leadership team.
A proven sales operations leader, Matthew has over 20 years’ industry experience spanning investor and asset servicing and wealth management.
Luxembourg, 20 February 2023 – DLA Piper is proud to announce the hiring of David De Cubber, as counsel and local head of the insurance and reinsurance practice. David brings with him 20 years of knowledge and experience in the industry, and will play a key role in expanding the global firm’s services and
2023 will mark the first time that non-Luxembourg nationals residing in the Grand Duchy are eligible to register to vote and make their voices heard in the municipal elections (those with EU citizenship may also vote in the European elections but only Luxembourg nationals may vote in the legislative elections)
Luxembourg, 15 February 2023 – Andrew Walker started his new position as COO and Head of Fund Services at Moventum S.C.A. on 1 February. “We are delighted to render our Platform and Fund Services offering even more attractive in the future through automation and client-oriented support with Andrew Walker”, says Sabine Said, CEO of Moventum
On 27 January 2023, the Administrative Tribunal ruled on the Luxembourg tax treatment of the redemption of a class of shares by a Luxembourg Company. The Tribunal decided that the redemption is to be considered as a sale of shares, not as a dividend distribution. However, when the redemption price exceeds the
Last night, AmCham, along with Spuerkeess and LALUX, hosted a 250-strong crowd at our New Year’s Reception. AmCham Member Stéphane Compain, General Manager of LuxRelo, shared his thoughts.
Press release Luxembourg, February 1, 2023 – Global law firm Dentons has strengthened its Litigation and Dispute Resolution practice in Luxembourg with the appointment of Hélène Retière as a counsel and head of practice. Hélène started her career at Elvinger Hoss and then spent 6 years at Arendt & Medernach. With more than 8 years