RCS - Eco Buildings Group - Eco Buildings Delivers Balfin Milestone

Eco BuildingsAnnouncement

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RNS Number : 0424C  Eco Buildings Group PLC  28 April 2026

28 April 2026

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 

 

Eco Buildings Delivers Major Balfin Milestone as Scalable Housing Platform
Gains Momentum

 

 

Highlights

 

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

 

·    First apartment block now completed to ground floor and sub-ground
level

 

·    Contract with the Balfin Group, one of the region's leading
developers

 

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

 

·    Contract expected to generate approximately €2.2 million revenue
per apartment block, subject to normal commercial conditions

 

·    Demonstrates Eco Buildings' ability to convert proprietary technology
into live projects and repeatable commercial opportunities

 

·    Reinforces the Company's strategy to become a leading next-generation
industrialised housing platform

 

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 sub-ground parking level and ground floor
structure of the first apartment block, marking further commercial progress
and demonstrating Eco Buildings' growing execution capability on live
developments. Furthermore, the Company has sufficient GFRG walls manufactured
and in stock to complete the construction of this first apartment block.

 

The building comprises 18 residential dwellings averaging approximately 100
sqm per apartment and is the first of a number of similar apartment blocks
planned for the site, which are expected to act as a precursor to a larger
villa development.

 

The project is being delivered for the Balfin Group (https://balfin.al/),
whose developments include landmark residential and mixed-use schemes across
the region.

 

Each apartment block is expected to generate revenues of approximately €2.2
million for the Company, with profit margins anticipated to be in line with
those previously reported by Eco Buildings, subject to programme delivery,
client instructions and normal commercial conditions. Successful delivery of
this project provides an important flagship reference site for future
opportunities in Albania and across other target markets.

 

 

 

Clip 1
(https://drive.google.com/file/d/1eGd0Qzh4Airjja6SFIGDCLvpaN2PE-CE/view?usp=sharing)

 

Clip 2
(https://drive.google.com/file/d/13vwlEqazGz92XEsER8ftnl-mabSXcTGU/view?usp=sharing)

 

Positioned at the Intersection of Housing Demand and Industrial Innovation

 

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:

 

"This is another important milestone for Eco Buildings and further evidence
that our model is delivering where it matters most: on live developments, for
leading clients and with visible commercial progress.

 

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 (http://www.eco-buildings.net/)

For more information contact:

 Eco Buildings Group plc                               Tel: +44 (0) 207 380 0999

 Dr Etrur Albani,  Executive Vice Chairman

 Fiona Hadfield, Finance Director

 Spark Advisory Partners Limited (Nominated Adviser)   Tel:  +44 (0) 203 368 3550

 Matt Davis / James Keeshan

 Tavira Securities Limited (joint Broker)              Tel:  +44 (0) 203 192 1739

 Oliver Stansfield / Jonathan Evans

CMC Capital Markets (joint
Broker)
       Tel: +44 (0) 203 003 8254

Douglas Crippen

 

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