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Despite its size, Luxembourg is prosperous. Many multinational companies, or firms that do business in several countries, have their headquarters here. It is home to the second-largest steel-producing company in Europe and is a major banking center as well.


Why is Luxembourg so attractive to foreign companies? First, the country is centrally located. Second, most people in this tiny land are multilingual,or able to speak several languages. They speak Luxembourgian, a blend of old German and French; French, the official language of the law; and German, used in most newspapers.

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12y ago
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13y ago

It is home to the second - largest steel - producing company in Europe and is a major banking center as well.

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Q: Why do foreign companies come to luxemborg?
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