largest companies in luxembourg

Seven corporations based in Luxembourg rank among Forbes Global 2000, including the bank Espirito Santo Financial. Log in. 2020, Luxembourg Times, All rights reserved. In the food sector, Cactus is the largest employer in Luxembourg, hiring 4,030 people, while BGL BNP Paribas leads the rankings in the financial sector, employing 3,700. Below are the other major Luxembourg companies that Forbes included. The Statec report covers Luxembourg-based companies with at least 90 employees as of January 2017, active in a variety of sectors - from construction and the textile industry, to business and the steel industry. The findings were published by the International Consortium of Investigative Journalists (ISIJ) and a team … Find the full report in French via the Statec website. It is a worldwide leader in the investment fund industry with assets under management (AUM) of EUR 3.6 trillion. It is the second largest investment fund centre in the world after the United States, with 1,700 billion euros under management, and the largest private banking centre in the Eurozone. Luxembourg Export Companies. Group Post Luxembourg is the largest employer in Luxembourg, according to a new report by the country's statistics office, Statec. As of January 2017, the telecom operator employed 4,350 people, followed by CFL with 4,170 employees and Arcelor Mittal with 4,160. The list is compiled from an annual noncompulsory survey of companies and groups of companies located in the Luxembourgish territory and employing at least 90 persons on the 1 st January 2017. STATEC has published its list of Luxembourg’s largest employers based on the workforce figures as of the 1 st January 2017, broken down according to employment size and economic activity respectively. In the food sector, Cactus is the largest employer in Luxembourg, hiring 4,030 people, while BGL BNP Paribas leads the rankings in the financial sector, employing  3,700. This list of private companies and startups in Luxembourg provides data on their funding history, investment activities, and acquisition trends. It is also the largest international private banking centre and the largest captive reinsurance centre in Europe. Luxembourg Captive reinsurance companies Luxembourg is a fully diversified financial centre with particular strength in certain areas. Luxembourg’s largest employers on 1st January 2017, List of main employers by economic activity, List of the largest employers on January 1st 2003 - 2017. Sorry, your blog cannot share posts by email. Luxembourg's statistics office published new data on Monday on the largest employers in the Grand Duchy and the sectors they operate in. Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. STATEC has published its list of Luxembourg’s largest employers based on the workforce figures as of the 1st January 2014, broken down according to employment size and economic activity respectively. Pepsi, IKEA, FedEx and 340 other major international companies have been taking advantage of secret tax deals with Luxembourg, channeling hundreds of billions of dollars in profits through the small European country and saving themselves billions of tax dollars in the process. (Roxana Mironescu, [email protected], +325 49 93 748), Infection count explodes as virus wave worsens, More contact tracers sought to cope with rising Covid cases, Pandemic to drive tech boom, investors say, Luxembourg runs out of space to store construction waste, Luxembourg raises tax on funds, fuel, bonuses as deficit soars. Luxembourg is one the world’s largest financial centers. STATEC has published its list of Luxembourg’s largest employers based on the workforce figures as of the 1st January 2017, broken down according to employment size and economic activity respectively. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Electrical machinery, equipment: US$2.4 billion (14.5% of total exports), Machinery including computers: $2.1 billion (12.7%), Plastics, plastic articles: $1.5 billion (9.4%), Articles of iron or steel: $851.8 million (5.2%), Rubber, rubber articles: $713.3 million (4.3%), Dairy, eggs, honey: $434.8 million (2.6%), Paper, paper items: $417.2 million (2.5%), Iron, steel: US$456.8 million (Up by 2.5% since 2018), Articles of iron or steel: $315.8 million (Up by 9.5%), Plastics, plastic articles: $244.7 million (Up by 97.7%), Felt, yarn, twine, ropes, cables: $243.4 million (Up by 7.8%), Rubber, rubber articles: $156.1 million (Down by -9.1%), Coated/laminated textile fabric: $137.5 million (Up by 6.6%), Vegetable/fruit/nut preparations: $61 million (Down by -14.4%), Dairy, eggs, honey: $55.8 million (Down by -15%), Mineral fuels including oil: US-$2.3 billion (Down by -4.7% since 2018), Electrical machinery, equipment: -$466.7 million (Down by -24.5%), Pharmaceuticals: -$392.4 million (Down by -3.6%), Beverages, spirits, vinegar: -$354.6 million (Down by -7.1%), Furniture, bedding, lighting, signs, prefabricated buildings: -$302.3 million (Down by -6%), Aircraft, spacecraft: -$274 million (Up by 6.7%), Fruits, nuts: -$194.9 million (Down by -9.1%), Inorganic chemicals: -$178.1 million (Down by -30.2%), Machinery including computers: -$177.2 million (Up by 13.9%), Millicom International (telecommunications). Post was not sent - check your email addresses! The list is compiled from an annual noncompulsory survey of companies and groups of companies located in the Luxembourgish territory and employing at least 90 persons on the 1st January 2017. The Statec report covers Luxembourg-based companies with at least 90 employees as of January 2017, active in a  variety of sectors - from construction and the textile industry, to business and the steel industry. There are approximately 4,000 funds registered in Luxembourg.

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