The European Investment Bank (EIB) has signed a €30 million loan agreement with Spanish mobility components manufacturer Teknia to drive innovation, sustainability, and digitalization across the European automotive industry. The funding will support Teknia’s ongoing research and development (R&D) activities and the adoption of advanced manufacturing technologies throughout its global operations.
Teknia, which operates in 13 countries, specializes in metal and plastic components for various mobility solutions and is a key supplier to a rapidly evolving automotive sector. As the industry shifts towards electrification and greener production, the loan will enable Teknia to enhance its manufacturing capabilities, expand product lines, and reduce CO2 emissions by implementing energy-efficient processes.
The investment will target upgrades at Teknia’s sites in Spain, Poland, Romania, Germany, Sweden, and the Czech Republic. Approximately 51% of the funding will be directed toward EU cohesion regions, economically less developed areas, aligning the project with the European Union’s cohesion policy aimed at promoting inclusive growth and job creation.
“This important loan will allow us to keep growing during these challenging times in the automotive sector and focus even more on innovation to manufacture the mobility of the future,” said Teknia CEO Javier Quesada de Luis. He highlighted the company’s goals to reduce its carbon footprint, enhance digital integration, and co-develop advanced products with its clients.
Antonio Lorenzo, Head of the EIB’s Corporate Lending Division for Spain and Portugal, said the partnership with Teknia illustrates the EIB’s commitment to fostering sustainability and competitiveness in strategic industries. “This financing is a clear example of how the EIB is helping companies become more sustainable, innovative, and competitive,” he stated.
The loan is backed by InvestEU, the EU’s flagship program aimed at mobilizing public and private investment in areas vital to Europe’s future, including climate action, innovation, and social cohesion. It also supports the EIB Group’s 2024–2027 Strategic Roadmap priorities of innovation, climate action, and regional development.
As global automotive markets transition away from combustion engines toward low-emission and digital manufacturing, Teknia’s efforts align with the broader industrial and environmental goals of the EU. The EIB’s financial support will help accelerate these changes, reinforcing Europe’s leadership in sustainable and technologically advanced mobility.
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