Luxembourg Cityruns on a handful of strong industries. If you’re job-hunting or weighing a move, here’s where the opportunities (and the big-name employers) are.
Top industries & employers
Investment funds & asset servicing
State Street, BNY, Northern Trust, Amundi, Schroders, and the whole UCITS industry
Luxembourg is the largest investment fund domicile in Europe and second in the world after the United States. Fund administration, depositary and transfer agency work is the single largest source of professional employment in the country.
Banking & private banking
BGL BNP Paribas, Banque Internationale à Luxembourg, Spuerkeess, Deutsche Bank Luxembourg
A long-established private banking and corporate banking centre, restructured heavily since the end of banking secrecy in 2015 toward wealth management and fund servicing.
EU institutions
Court of Justice of the European Union, European Investment Bank, European Court of Auditors, Eurostat
Luxembourg is one of the three seats of the EU and hosts the Court of Justice, the EIB and the Court of Auditors on Kirchberg. Institutional employment is a substantial and stable part of the city's professional class.
Space & satellites
SES, Luxembourg Space Agency, LuxSpace, Kleos
SES is one of the world's largest satellite operators and headquartered here. Luxembourg legislated for space resources in 2017 and built a deliberate national cluster around it.
ICT, data centres & payments
Amazon EU headquarters, PayPal Europe, Skype alumni, LuxConnect
Amazon's European headquarters and PayPal's European banking entity are both in Luxembourg. Tier IV data centres and low-latency connectivity underpin a serious digital infrastructure sector.
Logistics & steel
Cargolux, ArcelorMittal, Luxair
Cargolux is one of Europe's largest all-cargo airlines and Findel a significant freight hub. ArcelorMittal, the world's largest steel producer outside China, is headquartered here — a direct descendant of the country's industrial past.
Some of this may be out of date. Spotted something inaccurate? Help us keep it right for the next newcomer.