Eco Buildings Delivers Balfin Milestone

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.

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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

For more information contact:

Eco Buildings Group plc Dr Etrur Albani,  Executive Vice Chairman Fiona Hadfield, Finance Director	Tel: [phone]
Spark Advisory Partners Limited (Nominated Adviser) Matt Davis / James Keeshan	Tel:  [phone]
Tavira Securities Limited (joint Broker) Oliver Stansfield / Jonathan Evans	Tel:  [phone]

CMC Capital Markets (joint Broker)                                               Tel: [phone]

Douglas Crippen

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