Together with France’s Banque Publique d’Investissement, Luxembourg’s Oraxys has taken a minority stake in a Lyon-based company that has energy to sell: Opéra Énergie. The energy broker for businesses is riding the wave of the end of regulated tariffs and rising energy prices.
Luxembourg-based energy conglomerate Encevo Group’s subsidiaries, Creos Luxembourg SA and Enovos Luxembourg SA fell victim to a ransomware attack, as the AlphV ransomware gang hacked into the companies’ systems on July 22 and 23 and stole data.
Annual inflation is expected to continue to rise with Eurostat estimating it will reach 5.1% in the EU while dropping in Luxembourg to 4.6%, a 0.8 percentage decrease. Energy costs continue to rocket.
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