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Spain: EIB finances Teknia with €30 million loan to support R&D investments for the European automotive sector
The European Investment Bank (EIB) and Teknia have signed a loan worth €30 million to finance the company’s research and development activities, and measures to apply them in manufacturing of components for the automotive sector. Teknia is a Spanish company present in 13 countries specialised in the manufacture of metal and plastic components for mobility solutions using a wide range of technologies.
Romania: Industrial hub of Ploiesti to get EIB advisory support on green transport projects
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment. EIB Vice-President Ioannis Tsakiris and Ploiești Mayor Mihai Poliţeanu signed an agreement on advisory support today in the city, which is a major industrial hub 56 kilometres north of Bucharest.
EIB reports 2024 financing for Romanian economy, as Vice-President Tsakiris visits Bucharest
The European Investment Bank (EIB) Group, which comprises the European Investment Bank (EIB) and the European Investment Fund (EIF), supported climate action, infrastructure, energy transition, and small businesses, while also focusing on urban sustainability and innovation. The EIB Group reaffirmed its strong commitment to Romania in 2024, with new financing of €2.49 billion to foster the country’s sustainable economic development. This financing unlocked a total of around €5.27 billion in investments through the leveraging effect, equivalent to a 1.5 % of the country’s GDP. (The EIB Group usually finances only a portion of a project, crowding in additional investors. “Investment supported” refers to the total amount invested in projects that receive EIB Group financing.)