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RCS - Eco Buildings Group - First Canadian Order

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RNS Number : 4456C  Eco Buildings Group PLC  08 October 2025

8 October 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Eco Buildings Enters Canadian Market with Strategic First Order to Drive National Expansion
Highlights

 

·    A developer in Toronto, Ontario, Canada has placed an order for a
two-storey loft showhouse (130 sqm) to be shipped from Eco's factory in
Albania to Toronto.

·    The showhouse will serve as a strategic sample home, where government
approval institutions, regulators, and developers will validate Eco Buildings'
technology to confirm local certification and adoption.

·    This order is the launchpad for Eco Buildings' Canadian strategy,
including the planned establishment of a dedicated Eco factory in Ontario to
produce modular GFRG housing systems locally.

·    This initiative directly aligns with national housing needs, with
Canada requiring approximately 3.5 million additional homes by 2030 to restore
housing affordability (source: CMHC).

Eco Buildings Group plc, a UK-listed modular construction company, is pleased
to announce the commencement of construction of a two-storey loft showhouse of
130 square metres in its factory in Albania, to be shipped to site in Toronto,
Canada. The site is 30,000 square metres and the individual plot size for this
house is 370 square metres.

This initial project represents far more than a single sale; it is the first
tangible step in Eco Buildings' strategic entry into the Canadian market. Upon
completion of local certification and building regulation approvals, the
showhouse is expected to be the precursor for a major housing development on
the same site.

The client is purchasing the house at a price of €600 per sqm, as well as
covering all shipping and transportation costs from the Eco factory in Albania
to the site in Toronto.

The Toronto showhouse will act as a national demonstration hub, where
government approval bodies and major developers will be invited to experience
Eco Buildings' rapid, sustainable modular building system first-hand. This
approach provides regulatory approvals and unlocks large-scale deployment
potential across the country.

Following this initial phase, Eco Buildings plans to establish a dedicated Eco
factory processing plant in Ontario, enabling local production of its GFRG
modular building systems. This facility will support high-volume housing
delivery to help tackle Canada's housing shortage, estimated at 3.5 million
additional homes by 2030.

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

"This is a genuine breakthrough moment for Eco Buildings in Canada. After
years of concern over how to close the housing gap, Eco's proven technology
provides a practical, rapid, and scalable solution. By delivering a turnkey,
high-quality building in a fraction of the usual time and cost, we are
demonstrating a model that can be replicated nationwide. This order represents
the launchpad for our strategic Canadian expansion, fully aligned with the
country's housing affordability objectives."

 

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)

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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 (Joint Broker)

Oliver Stansfield / Jonathan Evans

Tel: +44 (0) 203 192 1739

CMC Capital Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8254

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
walls ("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 and the other in Kosovo, which are expected to
generate gross sales revenue of approximately up to €38 million 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, quality, and affordability.

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