Poland's Allegro secures $275 million EIB loan for AI, research and development

Allegro.eu SA

02/06/2026 06:30

June 2 (Reuters) - Poland's leading e-commerce platform Allegro ALEP.WA 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 years
The company's plans include modernising its marketplace and upgrading delivery and customer-experience capabilities
It also plans to create an AI hub for machine learning models, large language models and data mining
Allegro said the financing would help lower capital costs, extend its debt maturities to 2032-2033 and give it more flexibility for technology investments
The EIB signed €100 billion in new financing and advisory services across more than 870 projects in 2025
     ($1 = 3.6390 zlotys)
     ($1 = €0.8593)

(Reporting by Rafal Nowak in Gdansk, editing by Milla Nissi-Prussak)
((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))