Spuerkeess - Your bridge to life

Ferdinand-Marc Gallinelli's takeover of the Dessange group in Luxembourg, after devoting virtually his entire career to this internationally renowned French brand, marks the culmination of a successful career. During our interview, we wanted to find out about what motivates him and the various steps that had made him a major entrepreneur in the Luxembourg hairdressing market, as well as the details of this business takeover, which has been supported by our experts Johny Basher and Franck Alter from the Transfer team at Spuerkeess. Happy reading!

Passing on your business to a third party or within your family is a crucial stage in the life of your company, just as taking over a business marks the start of a new life for a business owner. At Spuerkeess, these two important steps are taken with the advice and support of dedicated experts. Whether you are the assigner or assignee, our experts Johny Basher and Franck Alter, both business transfer advisers at Spuerkeess, reveal the keys to a successful transfer in this article. Happy reading!

Are you self-employed in Luxembourg, live there and want to boost your retirement? Do you want to cover yourself and your loved ones against the risk of death or disability? In this article, our expert Bruno Mendes, Business Advisor Coordinator at Spuerkeess, explains why and how you can benefit from a highly advantageous tax framework. Happy reading!

Fred Giuliani spent his whole career in IT before co-founding a start-up in Luxembourg. With his LetzTrail app, he hasn’t chosen to come to rest, but rather to cover the miles on foot or by bike with his smartphone to guide him. In this article, he tells us about his app and what inspired him to embark on this project. Happy reading!

Three “Fit 4” support programmes offered by Luxinnovation already enable companies to improve their performance in three areas: digitalisation, sustainability and operational excellence. In July 2024, Lex Delles, Minister for the Economy, SMEs, Energy and Tourism, and Sasha Baillie, CEO of Luxinnovation, announced that existing programmes were to be standardised and simplified, and a new one to be launched: Fit 4 Digital - AI. We asked Emmanuelle Kipper, Senior Advisor - SME Performance at Luxinnovation, to tell us more about these performance programmes for businesses.

What are the various aspects of responsible banking and what are the challenges faced by banks? In this interview, Aude Payan and Elena Fuzzi, respectively Director and Senior Manager in Risk Consulting and in charge of ESG services for credit institutions at KPMG provide detailed insight and examples for innovative strategies for financial institutions to advance ethical banking standards.

The Luxembourg Private Equity and Venture Capital Association (LPEA) has recently launched a technical committee dedicated to fund financing. In an exclusive interview, Yves Wampach, IRM – Lending-Fund Finance at Spuerkeess and newly elected co-chair of the new ‘Fund Financing’ Technical Committee” within the LPEA, shares the origins of this initiative and its ambitious goals.

When working together, banks and NGOs can ensure a real-world impact. Banks provide financing for sustainable projects, while NGOs raise awareness and propose projects for funding. In this interview, Nicoletta Centofanti, CEO at LSFI, explains how banks and NGOs should collaborate together to drive positive social impact.

Do you like the idea of helping to finance a project that respects the planet and treats its employees fairly, with ethical values? In this case, Alternative Savings from etika should be of particular interest to you. Any project that respects the environment, and/or involves social issues and/or is based on solidarity, is worthy of special attention from Spuerkeess, which proposes a solidarity mechanism, the Alternative Loan, in partnership with etika. Find out more about these two solidarity products in this article, with our expert Zoé Peter, Corporate Relationship Manager at Spuerkeess.  

Mayday! Mayday! The moment Sophie has been dreading has arrived: from 31 December 2024, it will no longer be possible to access S-Net without using Luxtrust Mobile! That gives her six months to convince her dad to accept the technology and replace his physical Token with the Luxtrust Mobile app. And if you’d had dealings with her dad, you’d know that’s no easy task!

What are the major issues regarding CSR and sustainability in Luxembourg, and what specific obstacles do the country’s economic players face when they seek to establish sustainable communities? In this interview, Laetitia Georgel and Sophie Öberg from IMS Luxembourg tell us about the involvement of Luxembourg companies in the field of corporate social responsibility and sustainability, and offer five practical tips for building sustainable communities.

Private asset funds in general and their ancillary entities have gained a strategic importance within Luxembourg's financial ecosystem and lending to the fund industry is playing a growing role on the financial place. In the context of these market dynamics, Spuerkeess completes its product offering to the Luxembourg fund industry with two main lending products: Equity bridge financing (EBF) to Luxembourg alternative funds and other liquidity credit facilities to mainstream / alternative funds. In setting up a new Luxembourg fund or in driving growth for existing ones, why not taking advantage of such facilities, should the structuring and risk profile match the risk appetite of the bank? In this first article, Paolo RADAELLI, Team Manager Lending-Fund Finance and Yves WAMPACH, IRM – Lending-Fund Finance at Spuerkeess introduce the EBF product offered by the bank.