Netherlands, Dec. 1 -- Dutch-based Prodrive Technologies has signed a €40 million lending agreement with the European Investment Bank (EIB). The financing will advance Prodrive Technologies' R&D initiatives regarding electronic products in the semiconductor, medical, energy and automotive sectors.The project is expected to preserve and create skilled employment in R&D and manufacturing, while also contributing to the upskilling of the European workforce in response to evolving technological demands, thus reinforcing Europe's position in high-tech manufacturing and innovation. Apart from aligning with the European Chips Act, the EU's strategy to enhance competitiveness and resilience in semiconductor technologies, Prodrive's R&D is exp...