EIB Partners with Teknia for €30 Million Loan to Support Sustainable Manufacturing in the Automotive Sector

EIB Partners with Teknia for €30 Million Loan to Support Sustainable Manufacturing in the Automotive Sector

(IN BRIEF) The European Investment Bank (EIB) has provided a €30 million loan to Teknia, a Spanish automotive component manufacturer, to support its research and development efforts in sustainable manufacturing technologies across Europe. The loan will help Teknia reduce CO2 emissions and enhance its manufacturing capabilities and digitalization efforts. The project aligns with the EU’s cohesion policy, with over 50% of the investments planned for cohesion regions. Teknia’s CEO emphasized the importance of the loan in helping the company grow and continue innovating in the automotive sector. The EIB financing is supported by InvestEU, a program aimed at mobilizing over €372 billion in investment by 2027.

(PRESS RELEASE) LUXEMBOURG, 30-May-2025 — /EuropaWire/ — The European Investment Bank (EIB) has signed a €30 million loan agreement with Teknia, a leading Spanish supplier of automotive components. The loan will support Teknia’s research and development (R&D) investments in its facilities across Spain, Poland, Romania, Germany, Sweden, and Czechia, to advance sustainable manufacturing technologies for the automotive sector.

Teknia specializes in manufacturing metal and plastic components for mobility solutions and is looking to apply advanced manufacturing technologies, product diversification, and measures to reduce CO2 emissions. The company’s focus on sustainability aligns with its strategic plan to reinforce its manufacturing capabilities and digitalization efforts. A significant portion of the investments, approximately 51%, will be made in cohesion regions, contributing to the European Union’s policy on regional development.

Antonio Lorenzo, head of the EIB’s Corporate Lending Division for Spain and Portugal, expressed his enthusiasm about the collaboration, stating, “This financing is an example of how the EIB is supporting companies to become more sustainable, innovative, and competitive, while contributing to Europe’s leadership in strategic sectors.”

Teknia’s CEO, Javier Quesada de Luis, highlighted the importance of the loan for the company’s growth in the face of challenges in the automotive sector. “This loan will allow us to continue growing and focusing on innovation to manufacture the mobility of the future sustainably,” said Quesada de Luis. “We are excited about the future and will keep innovating and digitalizing our plants to co-develop new products with our clients.”

The loan will also play a key role in the transformation of the automotive sector, which is experiencing major changes due to electrification and digitalization. This aligns with the EIB’s strategic priorities, including innovation, climate action, and cohesion. The loan is partially backed by InvestEU, an EU program aimed at unlocking over €372 billion in investment by 2027.

Background information  

EIB

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.

All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.

Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

High-quality, up-to-date photos of our headquarters for media use are available here.

InvestEU

The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investment for EU policy priorities, such as the European Green Deal and the digital transition. InvestEU brings together under one roof the multitude of EU financial instruments available to support investment in the European Union, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. The InvestEU Fund is implemented through financial partners that invest in projects, leveraging on the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increasing their risk-bearing capacity and mobilising at least €372 billion in additional investment.

Teknia

Teknia is a multinational group specializing in the manufacturing of mobility components through metal and plastic components in a wide range of technologies.

Founded in 1992 as a global supplier to the automotive industry, Teknia is present in 13 countries, with 23 plants and more than 3,500 employees. The company’s clients include the world’s leading vehicle manufacturers, as well as other Tier-1 suppliers. Teknia’s revenues reached €431 million in 2024.

Media Contact:

Maite Cordero
m.corderomunoz@eib.org
+34 606 66 82 62

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SOURCE: European Investment Bank