Learn about some of the international companies that have recently incorporated in the Grand Duchy and their reasons for choosing Luxembourg. Luxembourg is the ideal home for this mission; at the heart of Europe and at the crossroads of the alliances that matter most. Arno Robbertse, CEO of Collective Defence Collective Defence Cybersecurity UK/US The Luxembourg ecosystem is well-integrated and highly sup- portive. One can have a direct and constructive dialogue with public institutions, which are well aligned. The country is a strong hub for businesses that want to expand. Luminita Potorac-Roman, co-founder and co-CEO of Hatwit International Hatwit International Executive search and HR advisory Romania As our activities focus on in-situ space resources utilisation, Luxembourg was the only place in Europe that would tick all the boxes for our company. Being part of the ESRIC startup sup- port programme provided the perfect start. It allows us to move the IP to the newly created entity, develop a simple prototype and apply for local funding for a larger R&D project. Roderick Rühl, co-founder and Managing Director of Polimak Space Polimak Space Space technology Türkiye Meeting senior government officials was quick and simple, and the discussions were fully focused on solving problems. This convinced me that Luxembourg is where I could start my company. The country is also one of the best geographic locations for targeting the European market. The international environment is giving me excellent connections across the continent. Joon Kim, founder and CEO of Naru Security and CyberExM CyberExM Cybersecurity South Korea Luxembourg offers top-tier datacentres equipped with disaster re- covery systems, fast decision-making and a very practical approach overall. I can do all procedures in English, which is rare in other countries. All my contacts react positively when I say that our serv - ers are located in Luxembourg. This good reputation is a real asset for the country – and for us. Ace Shim, co-founder and CEO of Hopae Hopae Digital identity South Korea Luxembourg is in the middle of Europe, close to everything. The country’s economic stability is reassuring, tax laws are compet- itive and the government actively supports businesses looking to grow. Kujtim Tali, Chairman of the Board of 3CIS 3CIS Telecom services Kosovo There are a lot of funding options in Luxembourg, and the country is buzzing with innovation and R&D. This is interesting for us as we are currently developing an innovative product to automate business processes and build generative AI chatbots. We hope to explore the venture capital scene in Luxembourg and promote our AI product there. Balaji Ramachandran, CEO of SoftClouds SoftClouds IT US
CROSSROADS: Innovation, Research & Investment in Luxembourg Page 29 Page 31