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Milestone apartment block development in Albania

Today 07:00

RNS Number : 0545J
Eco Buildings Group PLC
22 June 2026
 

22 June 2026

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 

Major milestone for apartment block development in Albania

 

Highlights

 

· Major construction milestone achieved at prestigious Rolling Hills development in Tirane, Albania

· First apartment block now completed to second floor level

· First block forms part of a multi-building development programme

· Reinforces the Company's strategy to become a leading next-generation industrialised housing platform with mush increased additional production capacity

 

 

Eco Buildings Group plc, a UK-listed technology-led company focused on industrialised housing solutions, is pleased to announce a major operational milestone on its contract for the prestigious Rolling Hills residential development in Tirane.

 

The Company has now completed the second-floor structure of the first apartment block, marking further commercial progress and demonstrating Eco Buildings' growing execution capability on live developments. The third and final floor construction phase is underway. The Company has sufficient GFRG walls manufactured and in stock to complete the construction of this first apartment block. Each apartment block is expected to generate approximately €2.2 million of revenue.

 

The building comprises 18 residential dwellings averaging approximately 100 sqm per apartment and is the first of at least six similar apartment blocks planned for the site. The apartment blocks are a precursor to a larger villa development. The project is being delivered on schedule and forms part of the development of this landmark residential and mixed-use scheme across.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Eco Buildings operates at the intersection of advanced manufacturing, sustainable materials and housing delivery, a segment expected to benefit from long-term structural demand, as governments and developers seek faster, more efficient and more affordable solutions to housing shortages.

 

Through its proprietary GFRG technology, localised manufacturing model and rapid on-site assembly process, the Company is building a platform designed to address some of the construction industry's largest structural challenges, including:

 

· Rising build costs

· Labour shortages

· Slow delivery times

· Inconsistent build quality

· Housing undersupply

· Demand for lower-carbon solutions

 

Unlike traditional contractors focused primarily on individual projects, Eco Buildings' strategy is centred on creating a repeatable, scalable model capable of serving multiple geographies and multiple housing segments through disciplined deployment of manufacturing capacity.

 

Successful execution on developments such as Rolling Hills is therefore significant not only for current commercial activity, but also for long-term market positioning, future contract conversion and increasing strategic value.

 

The Board believes that company's ability to combine proprietary systems, manufacturing discipline and international scalability positions it well to create substantial long-term shareholder value.

 

 

Dr Etrur Albani, Executive Vice Chairman of Eco Buildings Group plc, commented:

 

"Rolling Hills demonstrates that our technology can compete successfully in premium residential markets while maintaining the speed, efficiency and consistency that define our proposition.

 

We believe the future leaders of construction will be those able to combine innovation, manufacturing capability and scalable deployment. Our ambition is to build Eco Buildings into one of the most important next-generation housing platforms operating across international markets."

 

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

Dr Etrur Albani, Executive Vice Chairman

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

 

 

 

 

 

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Date   Source Headline
22nd Jun 20267:00 amRNSMilestone apartment block development in Albania
4th Jun 202610:00 amRNSResult of General Meeting
1st Jun 20267:00 amRNSLaunch of Eco Buildings UK: Housing Opportunity
19th May 20261:24 pmRNSProposed Placing & Subscription and Notice of GM
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26th Feb 20267:00 amRNSSenegal JV Progression to Implementation Phase
16th Feb 20267:00 amRNS-RHumanitarian House Handover Complete
11th Feb 20267:00 amRNSLaunch of Indonesian Subsidiary with Local Partner
9th Feb 20267:00 amRNS-REco Albania Awarded Key ISO Certifications
4th Feb 20267:00 amRNS-REco to deliver Modular Hospital System in Senegal
27th Jan 20267:00 amRNSUpdate on 18-Unit Luxury Apartment Development
31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
11th Nov 20257:00 amRNS-REco Albania Completes Independent Standards Tests
30th Oct 20257:00 amRNS-REco Buildings exhibits modular housing in Tirane
28th Oct 20257:00 amRNSIssue of Equity
27th Oct 20257:00 amRNSAlbania Project Update
24th Oct 202512:06 pmRNS-RUpdate on Chilean Operations
22nd Oct 20252:34 pmRNSClarification re Eco over €400m Chile Contract
21st Oct 20257:00 amRNSEco Buildings Secures over €400m Chile Contract
16th Oct 20257:00 amRNS-ROperational Update on Geographic Expansion
15th Oct 20257:00 amRNSHolding(s) in Company
14th Oct 20257:00 amRNSEco to Expand in Africa with Sudanese Subsidiary
8th Oct 20257:00 amRNS-RFirst Canadian Order
7th Oct 20257:00 amRNSOperational Update on Senegalese Subsidiary
30th Sep 20257:00 amRNSInterim Results
26th Sep 202511:08 amRNSHolding(s) in Company
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22nd Sep 202510:30 amRNSConversion of Loan Notes & Holding(s) in Company
12th Sep 202511:56 amRNSFundraise of £600,000
10th Sep 20257:00 amRNS-RCharitable house built in a day
9th Sep 20257:00 amRNS€2.2 Million contract - Production Update
5th Sep 202510:00 amRNSBoard Changes
4th Sep 20257:00 amRNS€2.2 Million Contract Signed and £300,000 CLN
30th Jul 20252:37 pmRNSResult of AGM
14th Jul 20257:00 amRNSLitigation against the Republic of Kosovo Update
1st Jul 20257:00 amRNSFinal Results for the year ended 31 December 2024
15th May 20257:00 amRNSCompletion of Fundraise
6th May 20257:00 amRNS-ROperational Update on Senegalese Subsidiary
28th Apr 20257:00 amRNS-RCertification of Environmental Management Award
24th Apr 20257:00 amRNSNew Senegal Subsidiary with Local Partner
8th Apr 20257:00 amRNS-RProduction Milestone Achieved
28th Mar 20251:17 pmRNSBoard Changes
27th Mar 20255:08 pmRNSResult of GM
13th Mar 20257:00 amRNSNotice of GM
3rd Mar 20257:00 amRNS-RFirst Showcase house for Chile erected & complete
3rd Feb 20257:00 amRNS-RCE marking approval and certification
17th Jan 20254:23 pmRNSIssue of Shares
4th Dec 20247:00 amRNS€1M in Revenues now achieved as of 2 December 2024
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