AGP Executive Report
Last update: 9 hours agoCybersecurity: Hackers targeted supermarket refrigeration systems across Europe, including four stores in Luxembourg, switching units into defrost mode and driving temperatures as high as 50°C. The incidents expose risks in internet-connected industrial equipment and threaten food supplies. Space: Luxembourg-based SES reported 4.2% third-quarter revenue growth, driven partly by aviation and defence demand, and booked launch capacity for 53 satellites through 2030. Digital Payments: A new European network linking mobile payment services across 13 countries includes Luxembourg’s EPI/Wero. It plans to start with person-to-person transfers before expanding to online and in-store payments. Energy Engineering: Luxembourg-headquartered Tenaris won supply contracts for Cyprus’s first commercial gas development, including pipes for a 110-kilometre export pipeline.
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