Location of Luxembourg

Luxembourg is a landlocked country in western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Luxembourg is a founding member of the European Union, OECD, United Nations, NATO, and Benelux, reflecting its political consensus in favour of economic, political, and military integration. The city of Luxembourg, which is the country's capital and largest city, is the seat of several institutions and agencies of the EU. Luxembourg served on the United Nations Security Council for the years 2013 and 2014, which was a first in the country's history.[1] In 2016 Luxembourgish citizens had visa-free or visa-on-arrival access to 172 countries and territories, ranking the Luxembourgian passport 6th in the world, tied with countries such as Canada and Switzerland.[2]

Largest firms

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before March 31, 2017.[3] Only the top five firms (if available) are included as a sample.

Rank Image Name 2016 revenues (USD $M) Employees Notes
156 ArcelorMittal $56,791 198,517 Multinational steel industrial, formed by the merger of Arcelor Steel and the Mittal Steel Company. Peaked at #28 on the list in 2009 but significant drops in revenues have led to a corresponding drop in position.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Advanzia Bank Financials Banks Munsbach 2005 Bank
Arcelor Basic materials Iron & steel Luxembourg City 2002 Steel, merged into ArcelorMittal 2006
ArcelorMittal Basic materials Iron & steel Luxembourg City 2006 Steel
Artec 3D Technology Technology Hardware & Equipment Luxembourg City 2007 Electronic office equipment
Banque de Luxembourg Financials Banks Luxembourg City 1920 Bank
Banque et Caisse d'Épargne de l'État Financials Banks Luxembourg City 1856 Bank
Banque Raiffeisen Financials Banks Leudelange 1926 Bank
BGL BNP Paribas Financials Banks Luxembourg City 1919 Bank
BIP Investment Partners Financials Investment services Luxembourg City 2000 Investments, financial services
Brasserie Nationale Consumer goods Brewers Bascharage 1975 Brewery
Cactus Consumer services Food retailers & wholesalers Bereldange 1900 Supermarkets
Cargolux Industrials Delivery services Sandweiler 1970 Cargo airline
Creos Luxembourg Utilities Multiutilities Strassen 2009 Electrical and gas distribution
Central Bank of Luxembourg Financials Banks Luxembourg City 1998 Central bank
Centre Hospitalier de Luxembourg Health care Health care providers Luxembourg City 1975 Healthcare
Ceratizit Industrials Diversified industrials Mamer 2002 Industrial manufacturing
Cipriani S.A. Consumer services Restaurants & bars Luxembourg City 1931 Luxury restaurants and clubs
CVC Capital Partners Financials Asset managers Luxembourg City 1981 Private equity
Editpress Consumer services Publishing Luxembourg City 1913 Publishing
Foyer S.A. Financials Full line insurance Luxembourg City 1922 Insurance
General Mediterranean Holding Conglomerates - Luxembourg City 1979 Financials, construction, hotels
Genii Capital Financials Specialty finance Howald 2008 Investments
Gold & Wood Consumer goods Personal products Luxembourg City 1995 Eyewear
KBL European Private Bankers Financials Banks Luxembourg City 1949 Bank
Kulczyk Investments Financials Investment services Luxembourg City 2007 Investments
Lëtzebuerger Journal Consumer services Publishing Luxembourg City 1948 Newspaper
Lionair Consumer services Airlines Luxembourg City 1988 Airline, defunct 1990
Luvanis Consumer goods Clothing & accessories Luxembourg City 2009 Luxury brands holding
Luxair Consumer services Airlines Sandweiler 1962 Airline
LuxAnimation Consumer services Broadcasting & entertainment Doncols 2002 Animation studio
Luxembourg Stock Exchange Financials Investment services Luxembourg City 1928 Primary exchange
Luxempart Financials Investment services Leudelange 1988 Financial holdings
Melusine Consumer services Broadcasting & entertainment Howald 1997 Animation
Millicom Telecommunications Fixed line telecommunications Luxembourg City 1990 Telecommunications
Mousel Consumer goods Brewers Luxembourg City 1511 Brewery
ORCO Financials Real estate holding & development Capellen 1991 Real estate
P&TLuxembourg Telecommunications Fixed line telecommunications Luxembourg City 1992 Telecommunications
Radio Luxembourg Consumer services Broadcasting & entertainment Luxembourg City 1933 Radio, defunct 1992
Regus Industrials Business support services Luxembourg City 1989 Workplace design
Reinet Investments Financials Investment services Luxembourg City 2008 Investments
Rotarex Industrials Industrial machinery Lintgen 1922 Gas valves
RTL Group Consumer services Broadcasting & entertainment Kirchberg 1920 Media group
Saint-Paul Luxembourg Consumer services Publishing Luxembourg City 1848 Publisher
SES S.A. Telecommunications Mobile telecommunications Betzdorf 1985 Satellite operator
Société Nationale de Crédit et d'Investissement Financials Banks Luxembourg City 1978 Bank
Société Nationale des Chemins de Fer Luxembourgeois Industrials Railroads Luxembourg City 1946 National railway
Strategic Airlines Luxembourg Consumer services Airlines Luxembourg City 2010 Charter airline, defunct 2012
Streamworks International Consumer services Broadcasting & entertainment Luxembourg City 2006 Streaming media
Techniques d'Avant Garde Consumer services Airlines Luxembourg City 1977 Aviation, hospitality
Utopia Group Consumer services Recreational services Luxembourg City 2002 Cinema chain
West Air Luxembourg Industrials Delivery services Bertrange 2002 Cargo airline

See also

References

  1. "Luxemburger Wort – Asselborn's final Security Council meeting". Wort.lu. 19 December 2014. Retrieved 2 April 2015.
  2. "Global Ranking – Visa Restriction Index 2016" (PDF). Henley & Partners. Archived from the original (PDF) on 12 March 2016. Retrieved 27 February 2016.
  3. DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune.
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