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Sandstone, the Luxembourg-based strategic intelligence company set up in 2008 by former intelligence and security professionals, is proud to announce the repayment in full of its start-up funding from the Luxembourg government’s investment bank, the Société Nationale de Crédit et d'Investissement (SNCI).

“We are immensely grateful for the considerable financial support we received at the outset from the Government of Luxembourg”, says Sandstone co-founder and CEO, Frank Schneider. “Without their flexibility and support, we could not have made it. It shows that even service sector companies can benefit from development funding and mature into profitable commercial enterprises.”

Schneider outlines ambitious plans for the future. “We have spent nearly ten years building a stable company. Now it’s time to look at creating something truly significant: a strategic intelligence provider with global reach.”

Schneider has indicated...

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