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€2.2 Million contract - Production Update

9 Sep 2025 07:00

RNS Number : 4915Y
Eco Buildings Group PLC
09 September 2025
 

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

 

9th September 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 Production Update

 

Highlights

First delivery of Eco product to site for recently announced 18-unit apartment block contract

40% of material required for first apartment block in Tirana already in stock

Factory operating at full production capacity

€2.2 million gross revenue contracted for this first apartment block

 

Further to the announcement of the signing of €2.2 Million contract on 4 September 2025, Eco Buildings Group plc ("Eco Buildings" or the "Company") is pleased to announce a major operational milestone: the successful delivery of the first full-scale Eco Wall components to the construction site of the 18-unit apartment block in central Tirana, Albania. This marks the start of on-site assembly using Eco's prefabricated system driven by its manufacturing process powered by its proprietary IP.

We are now in active production and delivery mode with cash flows now secured. Our Tirana factory is now operating at full capacity and already has 40% of the stock required to produce the walling required for the first apartment block.

Eco's ability to scale up construction at speed is now fully visible on the ground. The Company is seeing considerable interest in its product and anticipates securing further contracts during 2025 from new customers.

Figure 1: Full size Wall Figure 2: Inventory ready to dispatch

 

 

 

Figure 3 delivery leaving the Eco Buildings' Facility

Etrur Albani, Executive Vice Chairman of Eco Buildings, stated:

"Our factory is performing very well and reliably producing our Eco walls at pace. Our inventory is sufficient to provide 40% of the total material required for this first apartment block. We have letters of intent for a further two apartment blocks of identical size and anticipate constructing all six planned for this site in the centre of Tirana. We look forward to announcing further contracts of this nature and hopefully others in the near term"

For more information, visit www.eco-buildings.net.

 

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

 

For more information contact:

Eco Buildings Group plc

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

 

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

 

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

Tel: +44 (0) 203 192 1739

CMC Capital Markets (joint Broker). Tel: +44 (0) 203 003 8632

Douglas Crippen

 

Notes

The Company has acquired proven and innovative prefabricated technology which has been in development and commercial use since 2006. Eco Buildings' range of prefabricated, green housing products based on glass fibre reinforced gypsum panels ("GFRG") provides a construction solution for both affordable and high-end housing.

Eco Buildings has already secured two sales contracts with major construction companies, one in Albania, the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million in total per annum over the first three years (approximately €114 million in total) following Admission.

The market share for factory-based building technology is expected to grow significantly over the coming years as private developers and the public sector seek to address the substantial and growing deficit in housing stock and issues of construction cost, speed and quality and housing affordability.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
4th Dec 20247:00 amRNS€1M in Revenues now achieved as of 2 December 2024
19th Nov 20247:00 amRNSLetter of Intent confirming order for 10k houses
16th Oct 20247:00 amRNSOrders Update
30th Sep 20247:00 amRNSInterim Results
20th Sep 20247:00 amRNSNew Order Update
29th Aug 20247:00 amRNSTR-1: Notification of major holdings
27th Aug 20248:01 amRNSAdmission of Shares & Total Voting Rights
21st Aug 20247:00 amRNSFundraise of £450,000
26th Jul 20242:14 pmRNSResult of AGM
28th Jun 20242:13 pmRNSFinal Results
17th Jun 20247:00 amRNSFactory in Albania fully automated and operational
3rd May 20247:00 amRNSChange of Auditor
18th Apr 20247:00 amRNSOfficial Certification for Latin American Markets
15th Apr 20247:00 amRNSBoard Change
8th Feb 20247:00 amRNSFundraise of £827,000 with existing shareholders
18th Jan 202411:01 amRNSBoard Changes
27th Dec 20237:00 amRNSSuspension of Director
18th Dec 20237:00 amRNSFactory Update - First Wall Produced
24th Nov 20235:24 pmRNSResult of AGM
19th Oct 20237:30 amRNSRestoration - Eco Buildings Group PLC
19th Oct 20237:01 amRNSFactory Update
19th Oct 20237:00 amRNSInterim Results
18th Oct 20237:00 amRNSFinal Results for the year ended 31 December 2022
22nd Aug 20232:25 pmRNSUpdate re. Publication of Annual Report & Accounts
3rd Jul 20237:30 amRNSSuspension - Eco Buildings Group PLC
30th Jun 20237:00 amRNSSenior Management Appointment
29th Jun 20234:56 pmRNSDelay to Publication of Annual Report and Accounts
15th Jun 20237:00 amRNSUpdate on First Production of Modular Housing
12th Jun 20231:45 pmRNSTR-1: Notification of major holdings
12th Jun 20239:45 amRNSTR-1: Notification of major holdings
2nd Jun 20238:05 amRNSAdmission to AIM and First Day of Dealings
21st Sep 20162:02 pmRNSResult of Second General Meeting
21st Sep 20169:42 amRNSMonthly Review
12

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