EIB Provides €40 Million Loan to Prodrive Technologies to Accelerate European High-Tech R&D and Strengthen Strategic Industrial Capacity

EIB Provides €40 Million Loan to Prodrive Technologies to Accelerate European High-Tech R&D and Strengthen Strategic Industrial Capacity

(IN BRIEF) The European Investment Bank has signed a €40 million loan agreement with Prodrive Technologies to boost the Dutch company’s research and development efforts in electronics for semiconductors, medical technology, energy systems, and automotive applications. The investment will help Prodrive expand its R&D and manufacturing capabilities, support highly skilled technical jobs, and strengthen Europe’s leadership in high-tech innovation. EIB Vice-President Robert de Groot said the financing supports Europe’s strategic autonomy and aligns with the EU Chips Act, while Prodrive CEO Pieter Janssen noted that the partnership will enable development of smarter and more efficient technologies with global impact. The funded R&D is also expected to contribute to emissions reductions through improved power conversion systems for hydrogen electrolysis and advanced EV charging solutions.

(PRESS RELEASE) LUXEMBOURG, 2-Dec-2025 — /EuropaWire/ — Prodrive Technologies, a Dutch high-tech innovator, has secured a €40 million loan from the European Investment Bank (EIB) to accelerate its research and development activities across several strategic technology domains. The funding will support new advancements in high-performance electronics for sectors including semiconductors, medical devices, energy systems, and automotive applications.

The R&D programme supported by this loan will help Prodrive expand its capabilities in both product design and manufacturing, while also contributing to the development of highly skilled technical employment in Europe. As technology needs evolve, the project is expected to bolster Europe’s expertise in advanced engineering and strengthen the region’s competitiveness in essential industrial fields.

“This investment by the EIB is a clear signal that we want to support homegrown technology, supporting Europe’s strategic autonomy, competitiveness, and decarbonisation,” said Robert de Groot, Vice-President of the European Investment Bank. He emphasized that Prodrive’s innovation pipeline aligns closely with the objectives of the EU Chips Act, and that fostering growth within the EU supports both industrial resilience and green economic development.

Pieter Janssen, CEO of Prodrive Technologies, highlighted the significance of the partnership: “We are proud of the support from the European Investment Bank, which reinforces our role as an innovative player in Europe. This step allows us to invest significantly in R&D and manufacturing, helping us achieve our ambitious growth objectives. Through this partnership, we can develop technologies that strengthen Europe while also making a global impact through smarter, more efficient solutions that contribute to a sustainable future.”

The investment also supports broader EU goals around decarbonisation and technological sovereignty. Prodrive’s R&D activities are expected to advance product efficiency and lower emissions, with applications such as next-generation power conversion systems for hydrogen electrolysis, as well as innovative electric-vehicle charging infrastructure.

The financing package forms part of the EIB’s wider mission to expand European R&D capacity, reinforce strategic autonomy in critical sectors, and encourage the growth of high-value manufacturing across the continent.

Background information:

The European Investment Bank (EIB) is the long-term lending institution of the European Union, owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. Over the last ten years, the EIB has made available more than €27 billion in financing for Dutch projects in various sectors, including research & development, transport, drinking water, healthcare and SMEs.

The EIB is the European Union’s bank; the only bank owned by and representing the interests of the European Union Member States, The Netherlands owns a 5,2% share of the EIB. It works closely with other EU institutions to implement EU policy and is the world’s largest multilateral borrower and lender. The EIB provides finance and expertise for sustainable investment projects that contribute to EU policy objectives. More than 90% of its activity is in Europe.

Founded in 1993, Prodrive Technologies designs and manufactures mission-critical products and technology solutions, combining advanced engineering, innovative manufacturing, and global expertise to empower industry leaders worldwide. Headquartered in the Netherlands, with regional hubs in the USA, Japan, and China, we deliver high-performance off-the-shelf products and tailored solutions for the semiconductor, medical, life sciences, energy, infrastructure, and industrial markets.

Media contact:
Tim Smit
t.smit@eib.org
+352 4379 – 89076

Press Office
press@eib.org
+352 43791

SOURCE: European Investment Bank