Netgen DLL problem on fresh Windows 11 VM

Hello,

I’ve just run a fresh Windows 11 VM, installed python 3.12.4 from Microsoft Store,
installed netgen with pip install --upgrade ngsolve and added
C:\Users\User\AppData\Local\Packages\PythonSoftwareFoundation.Python.3.12_qbz5n2kfra8p0\LocalCache\local-packages\Python312\Scripts
to the PATH environment variable, but netgen cannot start because of the following error:

C:\Users\User>netgen
Traceback (most recent call last):
  File "<frozen runpy>", line 198, in _run_module_as_main
  File "<frozen runpy>", line 88, in _run_code
  File "C:\Users\User\AppData\Local\Packages\PythonSoftwareFoundation.Python.3.12_qbz5n2kfra8p0\LocalCache\local-packages\Python312\Scripts\netgen.exe\__main__.py", line 4, in <module>
  File "C:\Users\User\AppData\Local\Packages\PythonSoftwareFoundation.Python.3.12_qbz5n2kfra8p0\LocalCache\local-packages\Python312\site-packages\netgen\__init__.py", line 98, in <module>
    from pyngcore import Timer
  File "C:\Users\User\AppData\Local\Packages\PythonSoftwareFoundation.Python.3.12_qbz5n2kfra8p0\LocalCache\local-packages\Python312\site-packages\pyngcore\__init__.py", line 1, in <module>
    from .pyngcore import *
ImportError: DLL load failed while importing pyngcore: A dynamic link library (DLL) initialization routine failed.

Is there something I am missing?

Thanks,
Stenio