SynopsisThe deal is the largest ​corporate R&D programme the EIB has backed in Poland ​and falls under the bank's TechEU initiative, which targets €250 billion ($291 billion) in ​new investment across Europe by ⁠2027.ReutersPoland's leading e-commerce platform Allegro has secured a 1 billion zloty ($275 million) loan from the European Investment Bank to fund research, development and innovation, including AI investments, the company ‌said ⁠late ⁠on Monday. The deal is the largest corporate R&D programme the EIB has backed in Poland and falls under the bank's TechEU initiative, which targets €250 billion ($291 billion) in new investment across Europe by ⁠2027.The ‌loan will cover nearly 40% of Allegro's planned R&D and ⁠innovation spending in the coming yearsThe company's plans include modernising its marketplace and upgrading delivery and customer-experience capabilitiesIt also plans to create an AI hub for machine learning models, large language ‌models and data miningAllegro said the financing would help lower capital costs, extend ⁠its debt maturities to 2032-2033 and give it more flexibility for technology investmentsThe EIB signed €100 billion in new financing and advisory services across more than 870 projects in 2025 ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now