- Credit marks EIB’s largest financing operation in Spain to strengthen EU security and defence capabilities.
- Financing to enable Indra to build a technological research and development centre, Indra Technology Hub, and push ahead in radar, electronic defence and other technologies.
- Agreement supports technological innovation in Europe and is part of the EIB Group’s efforts to strengthen European security and defence capabilities, one of its cross-cutting priorities. It also contributes to the TechEU initiative.
The European Investment Bank (EIB) has signed a €385 million financing agreement with Spanish technology company Indra Group to boost research, development and innovation of cutting-edge technologies for the defence and space sector. This is the largest EIB’s financing agreement in Spain to date to strengthen the European Union security and defence capabilities.