Economy & Trade
EIB Backs Poland's Allegro with €1 Billion for AI
The European Investment Bank (EIB) has signed an agreement to provide PLN 1 billion (approximately €230 million) in support to Allegro, Poland's leading online marketplace. This funding aims to supercharge the company's investments in Artificial Intelligence (AI) and e-commerce innovation. The EIB's backing signifies a strategic investment in European tech champions and the digital economy, fostering technological advancement and competitiveness within the EU.
EIB invests €1 billion in Polish e-commerce and AI to boost innovation and competitiveness.