Category: 3. Business

  • Toyota Mobility Foundation and Serve the City unite to empower volunteers across Europe

    Toyota Mobility Foundation and Serve the City unite to empower volunteers across Europe

    Toyota Motor Europe NV/SA (TME) oversees the wholesale sales and marketing of Toyota, GR (Gazoo Racing) and Lexus vehicles and parts and accessories, as well as Toyota’s European manufacturing and engineering operations. Toyota directly employs over 26,000 people and has invested over EUR 12 billion in Europe since 1990. Its eight European manufacturing plants are located in Portugal, the UK, France, Poland, Czech Republic and Turkey. Today, there are approximately 14.7 million Toyota and Lexus vehicles on European roads, whose drivers are supported by a network of 28 National Marketing and Sales Companies and around 2,800 retail sales outlets in 53 countries (EU, UK, EFTA countries , Israel, Turkey and other Eastern European countries). In 2024, TME sold 1,217,132 vehicles in Europe for a 7.1% market share. For more information, visit www.toyota-europe.com.

    Toyota believes that when people are free to move, anything is possible. In the pursuit of “Mobility for All”, Toyota aims to create safer, more connected, inclusive and sustainable mobility to achieve its mission of producing “Happiness for All”. In Europe, TME launched the KINTO mobility brand which offers a range of mobility services in 20 countries, and is growing its business-to-business sales of zero-emission fuel cell products and engineering support. Contributing to the UN Sustainable Development Goals, Toyota is working to achieve carbon neutrality in its entire business across Europe. A historic leader in CO2 reduction in Europe, TME aims to achieve 100% CO2 reduction in all new vehicles in Western Europe by 2035 and will continue to offer a full range of electrified powertrains to customers across the region with its hybrid, plug-in hybrid, battery and fuel cell electric vehicles.  

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  • Lynk Global and Omnispace to merge in race for direct-to-device satellite spectrum

    Lynk Global and Omnispace to merge in race for direct-to-device satellite spectrum

    TAMPA, Fla. — Lynk Global plans to merge with Omnispace to upgrade its direct-to-device (D2D) services with globally coordinated S-band spectrum, joining SpaceX and AST SpaceMobile in shoring up satellite frequencies after initially relying on cellular partnerships.

    Luxembourg-based multi-orbit operator SES, which has invested in both companies, will become a major strategic shareholder in the combined group, they announced Oct. 22 in a joint news release that offered few details.

    The merged entity would combine Omnispace’s 60 megahertz of S-band spectrum with Lynk’s D2D platform, which is currently providing intermittent messaging and alert services in a handful of island nations with five small satellites in low Earth orbit (LEO).

    Omnispace had planned to use the spectrum for a D2D constellation of more than 600 satellites, after deploying experimental spacecraft in low and medium Earth orbits.

    However, the Washington, D.C.-based venture’s efforts stalled amid its claims of interference from SpaceX’s D2D service.

    The interference issue was specific to the United States, Omnispace vice president of strategy and marketing George Giagtzoglou said via email, where part of the T-Mobile cellular spectrum used by SpaceX overlaps with Omnispace’s S-band frequencies. He said a recent regulatory request from SpaceX to the Federal Communications Commission could help ease the conflict by aligning its frequency use with international S-band allocations.

    “This merger unlocks the full potential of our global S-band spectrum assets and positions us at the forefront of D2D,” Omnispace CEO Ram Viswanathan said in the announcement.

    Ramu Potarazu, CEO of Falls Church, Virginia-based Lynk, said: “We now have the right mix of technology, spectrum and leadership to extend mobile connectivity where and when it’s needed most. 

    “This merger will enable us to accelerate our efforts in delivering seamless, reliable messaging, voice and data services — serving [mobile network operators (MNOs)], as well as consumer, commercial and industrial vehicles, and government and utility sectors worldwide.”

    The deal comes months after Lynk abandoned an attempt to raise capital for its constellation by merging with Slam Corp., a publicly listed shell company led by former MLB star Alex Rodriguez.

    Potarazu outlined plans last month to instead lean on SES and the operator’s network in geostationary and medium Earth orbit to provide a global, continuous D2D service by 2027.

    The company plans to launch a pair of satellites in February to validate new technology, including a multi-orbit relay capability with SES.

    The companies expect to close the merger late this year or early next, pending regulatory approvals. Potarazu would serve as CEO of the combined entity, with Viswanathan as chief strategy officer.

    The spectrum pivot

    Meanwhile, SpaceX is awaiting regulatory approval to acquire S-band spectrum from geostationary broadband operator EchoStar in a deal worth more than $17 billion. 

    SpaceX leverages more than 650 Starlink D2D satellites in LEO to provide services that are currently limited to text messaging, emergency alerts and certain apps in the U.S., New Zealand and Japan.

    In the U.S., the company is using about 10 megahertz of similarly situated terrestrial spectrum from T-Mobile, but plans to boost its D2D capacity twentyfold with a second-generation service that would integrate 50 megahertz of EchoStar’s spectrum.

    AST SpaceMobile only has five BlueBird satellites in LEO, but it aims to deliver continuous coverage in the U.S. and other key markets after ramping up launches over the next 18 months.

    The Texas-based venture has partnered with AT&T and Verizon in the U.S. and is seeking approval to access L-band spectrum in North America from bankrupt satellite operator Ligado Networks. 

    Alongside a deal for global S-band spectrum, subject to country-by-country approval, AST says satellite frequencies are key to its plan to enable broadband speeds of up to 120 megabits per second from space.

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  • Ecoembes, in partnership with Telefónica Tech, receives ISO 27001 certification

    Ecoembes, the environmental organisation that has been promoting the circular economy through packaging recycling for more than 25 years, has obtained, with the help of Telefónica Tech, ISO 27001 certification, the most demanding international standard in information security. This makes Ecoembes the only SCRAP (Collective System of Extended Producer Responsibility for Waste, a model through which 95% of packaging waste in Europe is managed) to hold this accreditation, which is an additional guarantee for the more than 20,000 companies that rely on the organisation to manage their packaging.

    Telefónica Tech, through its company Govertis, has accompanied Ecoembes throughout the entire process of adapting to obtain ISO 27001 certification. The company has carried out everything from an initial assessment to determine Ecoembes’ maturity in terms of security to various audits to ensure that it has the necessary controls in place to properly protect the organisation’s information, services and systems. Govertis, part of Telefónica Tech, has also helped Ecoembes to implement procedures aimed at addressing areas for improvement with corrective measures that guarantee risk mitigation.

    ISO 27001 is the international reference standard that establishes an Information Security Management System (ISMS). This system is based on the implementation of 93 security controls aimed at protecting information from unauthorised access, data loss or cybersecurity incidents, while ensuring compliance with legal requirements at European level.

    “With this accreditation, Ecoembes demonstrates its commitment to innovation, excellence and continuous improvement in a context where information security is key”, says Ángel Luis Linos, Operations and Security Manager at Ecoembes. “ISO 27001 is a guarantee that demonstrates that we have a robust and proven system that protects the confidentiality, integrity and availability of our customers’ data and consolidates our position as leaders in the sector.”

    Eduard Chaveli, Head of Strategic Consulting at Govertis, part of Telefónica Tech, states: “Obtaining ISO 27001 certification is a highly recognised distinction at a commercial level because it guarantees that the company has implemented cybersecurity geared towards business processes and objectives, taking into account the risk analysis of Information and Communications Technology (ICT).” ISO 27001 certification confirms that information security is a strategic pillar of Ecoembes, aligned with its purpose of building a waste-free future in which sustainability, innovation and collaboration are aligned.

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  • 22nd Energy and Managing Authorities (EMA) Network meeting

    22nd Energy and Managing Authorities (EMA) Network meeting

    Refocusing programmes for addressing new challenges and opportunities and accelerate implementation / Moderator by Tudor Constantinescu – DG ENER

    Tour de table and presentations from Member States: EMA members will intervene in a tour the table for updating on the latest developments and challenges on the implementation of energy Specific Objectives under cohesion policy and submitting the modified programs according to the new priorities and conditions from Mid Term Review.

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  • Rondo Energy turns on first major thermal battery — at…

    Rondo Energy turns on first major thermal battery — at…

    Thermal energy storage systems, which turn electricity into heat that can be tapped for hours or days at a time, could help decarbonize the production of everything from cement to beer.

    But in the U.S., where the economics of replacing fossil fuels with electricity remain challenging, thermal-battery startup Rondo Energy has found its first industrial-scale opportunity in a more controversial place: the oil fields of California.

    Last week, the San Francisco Bay Area-based firm announced the start of commercial operations for its first 100-megawatt-hour heat battery,” located at a Holmes Western Oil Corp. facility in Kern County, the heart of the Central California oil patch.

    The installation is housed in what looks like a four-story prefabricated office building. Inside sits a massive stack of refractory bricks, which are heated to temperatures of more than 1,000 degrees Celsius (1,832 degrees Fahrenheit) by an adjoining 20-megawatt solar array. That heat is tapped to generate steam that is injected into oil wells to increase production — a job previously done by a fossil-gas-fired boiler.

    The project is something of a Faustian bargain. It will reduce carbon dioxide emissions by about 13,000 metric tons per year, said John O’Donnell, Rondo’s cofounder and chief innovation officer. But, of course, those reductions are in service of bringing more planet-warming fossil fuels to market.

    Rondo’s argument for pursuing this application is twofold. For one, fossil fuels will be in use for decades to come, and so we might as well reduce emissions from the sector where we can. Second, thermal-storage startups need paying customers in order to scale up their technology, which could prove necessary to minimize pollution from a host of hard-to-decarbonize sectors.

    We’ve got to decarbonize the world the way it is right now,” O’Donnell told Canary Media in a Thursday call from the Washington, D.C., hotel hosting the annual summit of the Renewable Thermal Collaborative, a coalition of organizations working to cut emissions from heating and cooling. And because California is kind of an island unto itself, we see this opportunity to make a very big impact in the state.”

    Those companies haven’t said if they plan to continue work on those projects absent federal funding, and O’Donnell declined to comment on their prospects. We are ready to work with them when they’re ready to go,” he said.

    Transitioning the world’s industrial economy to clean is going to take a minute — and by a minute, I mean multiple decades,” said Blaine Collison, executive director of the Renewable Thermal Collaborative. This is a big shift that has to happen at a lot of discrete points. There are tens of thousands, hundreds of thousands of facilities that have to be addressed.”

    Building a first-of-a-kind project

    Rondo’s first 2-megawatt-hour pilot-scale heat battery started operating two years ago at a California ethanol-production facility. But that served more as a constructability test” for the company’s technology than as a full-scale proof point for commercial viability, O’Donnell said.

    Rondo’s Kern County battery, meanwhile, is its first major installation, though it has several others in the works across Europe. It’s building similar heat batteries at a chemicals plant in Germany, a green industrial park in Denmark, and an undisclosed food-and-beverage processing facility in Spain or Portugal.

    The market for Rondo’s tech is stronger in Europe, where companies pay much higher prices for fossil gas and face sizeable fees and taxes on their greenhouse gas emissions, O’Donnell said. In the U.S., by contrast, fossil gas is cheap, and only a handful of states impose costs on industrial carbon emissions.

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  • China Mobile Shandong and Huawei Win “Most Innovative Telco AI Deployment” at Network X

    China Mobile Shandong and Huawei Win “Most Innovative Telco AI Deployment” at Network X

    [Paris, France, October 22, 2025] At the annual Network X awards ceremony, China Mobile Shandong and Huawei were honored with the “Most Innovative Telco AI Deployment” award for their co-developed Intelligent Network Change Management Platform (INCMP). The platform stood out for its pioneering simulation technology and deep integration with real-world practices, showcasing the partners’ extraordinary collaboration and remarkable achievement in network digitalization and setting a new benchmark for intelligent transformation in global network services.

    Network X is a global event in the communications industry, convening leading operators, innovators, and decision makers. Its awards celebrate groundbreaking achievements across the sector, honoring the projects that redefine the industry’s future and also guiding the industry’s continued growth.

    China Mobile Shandong, Huawei Win “Most Innovative Telco AI Deployment” at Network X

    China Mobile Shandong operates an IP network serving over 100 million users in Shandong province across mobile Internet, home broadband, enterprise private lines, and IPTV services. As the network expands and service complexity increases, managing configuration changes has become increasingly challenging. Since 2024, the company has executed over 1,500 network changes. Traditional manual configuration verification, which relies heavily on human experience, is prone to errors and omissions, posing risks to network reliability and stability.

    To address these challenges, China Mobile Shandong partnered with Huawei to integrate Huawei’s next-generation Centralized Model-Operation Simulation (CMOS) algorithm from iMaster NCE into the INCMP. Together, they built a “zero-error” autonomous network, delivering three major improvements:

    • Pre-change predictive simulation: The INCMP simulates network states and performance after configuration changes, and automatically marks anomalies to proactively mitigate risks.
    • In-change precise control: The INCMP supports batch configuration delivery and policy combination verification to minimize impact on users.
    • Post-change visualized traceability: The INCMP records the entire configuration change process and compares simulation results with actual network changes, reducing fault locating time from hours to minutes.

    Operation statistics have confirmed the platform’s remarkable improvements: major incidents have been prevented, network migration efficiency has improved by nearly 60%, and user complaints have dropped to near zero. China Mobile Shandong has also incorporated the change simulation pass rate into the operation workflows of several critical network change scenarios, driving the province-wide standardization of network operations and maintenance.

    At present, the INCMP covers over 1,000 network devices, and supports configuration change verification for tens of millions of home broadband users and millions of enterprise and government clients. It is now the most extensively deployed communication network simulation system in Shandong province.

    This deployment has significantly boosted the network change success rate and ensured high continuity and availability of network operations, laying a solid foundation for China Mobile Shandong’s journey toward Level 4 autonomous networks. It also marks a major milestone in the company’s digital transformation and offers a replicable model for the broader communications industry.

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  • Heineken sales hit by weakening demand in ‘challenging’ quarter

    Heineken sales hit by weakening demand in ‘challenging’ quarter

    Unlock the Editor’s Digest for free

    Heineken reported a significant drop in beer sales in the third quarter on the back of a “challenging” quarter in which economic volatility weighed on consumer sentiment.

    The volume of beer the Dutch brewing giant sold in the three months to September fell 4.3 per cent, a deeper decline than the previous quarter, driven by weakening consumer demand and “trade uncertainties” in North and South America, and continued slow growth in Europe. 

    It also warned annual profits would be at the lower end of its forecast range of 4 to 8 per cent.

    “Macroeconomic volatility persisted as anticipated and became more pronounced in the third quarter, creating a challenging environment, resulting in a mixed performance,” said chief executive Dolf van den Brink. 

    Brewing majors AB InBev and Carlsberg, which report next week, are also forecast to announce falling beer sales, as consumers around the world cut back on spending.

    Heineken, which brews Amstel, Birra Moretti and Cruzcampo, said revenues fell 1.4 per cent on an organic basis to €8.7bn, although net revenue fell 0.3 per cent to €7.3bn, a lower than expected decline.

    The brewer’s results come ahead of its capital markets day on Thursday, when the company is expected to present a plan to reboot its faltering sales.

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  • Energy & Climate Intelligence Unit

    Energy & Climate Intelligence Unit

    Commenting on the news that inflation for food and non-alcoholic beverages stood at 4.5% in September, Chris Jaccarini, food and farming analyst at the Energy and Climate Intelligence Unit (ECIU) said: “Food price inflation remained above the headline rate, as the impacts of extreme weather at home and abroad continue to feed through to consumers. UK farmers faced one of the worst harvests ever this year [1], following the hottest summer and spring on record. Although weather is only part of the story, climate change is playing a clear role and farmers are worried [2].
     
    “Europe is the fastest warming continent [3], and climate-impacted foods are responsible for around 40% of food price inflation [4], pushing up all our food bills. Extreme weather has driven up the cost of British staples like milk and butter, as well as imports such as coffee, cocoa and olive oil.
     
    “Climate change poses a systemic threat to our health, living standards and food security. Central banks may be tasked with controlling inflation, but they can’t avoid climate-driven food price spikes — only cutting emissions to net zero and restoring climate balance can.” 
     
    Today’s figures come a day after new analysis from the Energy & Climate Intelligence Unit (ECIU) showed that the price of foods hit by extreme weather are rising over four times faster than others in the average shop. The analysis finds that although these items –  butter, beef, milk, coffee and chocolate- make up just 11% of the average shopping basket, they account for nearly 40% of all food price inflation [4]. These items remained the food types with the highest rate of inflation in September, as climate shocks continue to reduce discretionary income.

    ENDS

    Notes to editors: 

    1. https://eciu.net/media/press-releases/2025/england-has-second-worst-harvest-on-record-comment

    2. https://eciu.net/media/press-releases/2025/farmer-confidence-battered-by-climate-change-new-research

    3. https://wmo.int/news/media-centre/european-state-of-climate-extreme-events-warmest-year-record

    4. https://eciu.net/media/press-releases/2025/why-food-prices-are-still-rising-butter-beef-and-milk-to-blame 

    For more information or for interview requests:

    George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net

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  • FIF – Agri Finance Loan – Khan Bank

    Understanding transition

    Further information regarding the EBRD’s approach to measuring transition impact is available here.

    Business opportunities

    For business opportunities or procurement, contact the client company.

    For business opportunities with the EBRD (not related to procurement) contact:

    Tel: +44 20 7338 7168

    Email: projectenquiries@ebrd.com

    For state-sector projects, visit EBRD Procurement:

    Tel: +44 20 7338 6794

    Email: procurement@ebrd.com

    General enquiries

    Specific enquiries can be made using the EBRD Enquiries form.

    Environmental and Social Policy (ESP)

    The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

    More information on the EBRD’s practices in this regard is set out in the ESP.

    Integrity and compliance

    The EBRD’s Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank’s activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

    OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank’s countries of operation. The information provided must be made in good faith.

    Access to Information Policy (AIP)

    The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

    Specific requests for information can be made using the EBRD enquiries form.

    Independent Project Accountability Mechanism (IPAM)

    If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

    IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

    Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

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  • Completion of New Production Building in the Philippines

    Completion of New Production Building in the Philippines

    22/10/2025

    Murata Manufacturing Co., Ltd.
    President: Norio Nakajima


    Philippine Manufacturing Co. of Murata, Inc. (Batangas, Philippines), a manufacturing subsidiary of Murata Manufacturing Co., Ltd., has completed a new production building that had been under construction since August 2023, and a ceremony to celebrate its completion was held on Wednesday, October 22. The completion of the new building strengthens our global production capabilities as we respond to the medium to long term increase in demand for multilayer ceramic capacitors (MLCCs) driven by the expected future growth of the mobility market.

    Scene from the completion ceremony (October 22, 2025)

     

     

    Overview of the completion ceremony

    Date & Time: Wednesday, October 22, 2025, 11:00 am–1:00 pm
    Location: Philippine Manufacturing Co. of Murata, Inc.
    Lot 2A Phase 1B First Philippine Industrial Park Barangay Pantay Bata, Tanauan City Batangas, Philippines
    Guests: Tereso O. Panga, Director General of the Philippine Economic Zone Authority (PEZA), Kazuya Endo, Ambassador Extraordinary and Plenipotentiary of Japan to the Philippines, and others
    Company representatives:

    Murata Manufacturing Co., Ltd. President Norio Nakajima, Philippine Manufacturing Co. of Murata, Inc. President Masayoshi Koda, and others 

    Overview of the new production building

    Structure and scale: Reinforced concrete construction; two stories above ground
    Total floor area: 77,981 square meters
    Building area: 32,454 square meters
    Purpose: Manufacturing of multilayer ceramic capacitors
    Total investment: Approx. 11.2 billion yen (building only)

    Philippine Manufacturing Co. of Murata, Inc.

    Location:  Lot 2A Phase 1B First Philippine Industrial Park Barangay Pantay Bata, Tanauan City Batangas, Philippines 
    Established: September 2011
    Capital: 17 billion yen
    Representative: Masayoshi Koda
    Number of employees: 4,395 (as of the end of September 2025)
    Business description: Manufacturing of multilayer ceramic capacitors

    We are building a framework that enables us to respond flexibly to market changes and demand growth by distributing MLCC production bases across Japan, ASEAN, and China to ensure balanced capacity expansion. Below is the schedule for the construction of MLCC-related buildings that were completed, or are planned to be completed, in 2023 and thereafter.

    Subsidiary Purpose Start of work Completion
    Murata Electronics (Thailand), Ltd. Production July 2021 March 2023
    Izumo Murata Manufacturing Co., Ltd., Iwami Plant (Hane) Production March 2022 April 2023
    Wuxi Murata Electronics Co., Ltd. Production November 2022 April 2024
    Fukui Murata Manufacturing Co., Ltd. R&D December 2023 February 2026 (tentative)
    Izumo Murata Manufacturing Co., Ltd. Production March 2024 March 2026 (tentative)
    Murata Electronics (India) Private Limited Packaging and shipping (Leased building) *Signed a lease agreement for the factory space in February 2025 *Aiming for full-scale operation in FY2026

     


    Murata in Brief

    Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.

    For more information, visit Murata’s website

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