Finance

The secret of success in 2022? Red records in 2021!

With an operating loss of 33.3 million euros, de Bijenkorf closes its 2021 financial statements with solid red figures. Nevertheless, the luxury department store also comes with positive news: sales were almost ten percent higher last year than in 2020. De Bijenkorf is positive about the future, the company expects to [...]

Luxembourg will spend more on military

Luxembourg will spend significantly more than before on its military. Defence Minister Fran├žois Bausch announced on Friday that spending should increase from 573 million euros next year to almost one billion euros in 2028. The country will then spend about one percent of its gross domestic product on defence. This [...]
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