What ECO Buildings Group does

ECO Buildings Group PLC is a London-headquartered, AIM-listed (LSE: ECOB) modular housing company that designs, manufactures and delivers residential and community buildings using a proprietary Glass Fibre Reinforced Gypsum (GFRG) panel system produced on a fully automated Vertical Panel Casting Machine. The technology is CE marked and certified in Latin America, Australia, the UAE, Albania and Kosovo, and the company positions its panels as fire-resistant, thermally and acoustically insulated, and damp-free, claiming up to 5x faster construction, ~50% lower cost and ~40% lower CO2 versus conventional methods. Manufacturing is centred on a Durres, Albania facility, with a second-generation AI-enabled production line under construction (targeted operational Q4 2026) that adds predictive maintenance, automated visual QA, intelligent scheduling and energy optimisation, and is designed to be replicated globally at under $5m capex per line producing ~1,440 sqm of panels (~6 homes) per day.

The company generates revenue primarily through multi-year supply contracts with national and municipal governments (e.g., a €420m, seven-year Chilean government contract for 20,000 homes) and through sales of GFRG wall panels and completed modular apartment blocks and villas to private developers such as Balfin in Albania (each ~18-unit, ~100 sqm apartment block generates ~€2.2m). Its go-to-market blends direct enterprise/government sales with locally incorporated subsidiaries and joint ventures in the UK (Noventum Ltd framework), Indonesia (Eco Buildings Indonesia with MCA, $5m equity), Senegal (JV with G2 Invest, 5,000-home Phase 1) and Sudan (subsidiary with Socotra Real Estate, €5m investment), reflecting a 'factory local-to-demand' model. Reported H1 2025 revenue was €1.8 million, and the company has relied on repeated small post-IPO equity raises (e.g., £450k in August 2024 and £2.35m in November 2025) alongside partner-funded subsidiary capital to sustain operations while scaling this multi-country footprint.

Name

ECO Buildings Group

Legal name

Eco Buildings Group PLC

Website

https://eco-buildingsplc.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

ECO Buildings Group PLC is an AIM-listed modular housing company that designs and manufactures Glass Fibre Reinforced Gypsum (GFRG) panels on proprietary Vertical Panel Casting Machines to deliver affordable, fire- and damp-resistant homes to governments and real estate developers across Albania, Chile, Senegal, Sudan, Indonesia and the UK.

Ownership category

akta.pro rank

Product category

Modular Construction / Prefabricated Housing

NAICS

Gypsum Product Manufacturing (327420)

SIC

Prefabricated Wood Bldgs & Components (2452), Concrete, Gypsum & Plaster Products (3270)

akta.pro primary industry

Gypsum Board & Drywall Panels (IMADAEAA)

akta.pro secondary industry

Ceiling Boards, Plasterboard Tiles & Suspension-Compatible Gypsum Products (IMADAEAM)

Keywords

• Modular housing
• GFRG panels
• Prefab construction
• Modular manufacturing
• Sustainable buildings

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Long-term Government Housing Contracts: Multi-year, large-value government supply contracts with phased payment structures (e.g., €420m Chile contract over seven years for 20,000 homes, with first 1,214 homes funded by a £12.75m deposit). Revenue is recognised over the delivery period as homes are supplied.
2. Modular Apartment Block / Villa Sales: Sale of completed modular apartment blocks and villas to developers and end-buyers; e.g., Rolling Hills apartment blocks in Tirane each generating approximately €2.2m in revenue.
3. GFRG Wall Panel Sales: Sale of prefabricated GFRG wall panels and components for on-site assembly (e.g., €2.2m apartment block contract in central Tirana); reported H1 2025 revenue of €1.8m.
4. Manufacturing & Deployment Services (JV/Subsidiary): Establishment of regional subsidiaries and joint ventures (UK, Indonesia, Senegal, Sudan) that localise manufacturing, with revenue recognised from locally produced units once regional capacity is built out.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

ECO Buildings Group manufactures and supplies prefabricated modular housing and building components built from proprietary Glass Fibre Reinforced Gypsum (GFRG) wall panels produced on a fully automated Vertical Panel Casting Machine. The company sells complete modular apartment blocks, villas, hospital/community buildings and GFRG panel kits primarily to national governments and real estate developers under multi-year contracts and regional joint ventures. Its second-generation AI-enabled manufacturing line adds predictive maintenance, automated visual quality assurance, intelligent scheduling, and energy optimisation to the production process.

Differentiator

Problem solved

Functional benefit

Products and services

• GFRG Wall Panel System Prefabricated GFRG wall panels produced on a fully automated Vertical Panel Casting Machine; fire-resistant, thermally and acoustically insulated, damp-free; supplied to governments, developers, and contractors for on-site assembly of modular buildings.
• Modular Apartment Blocks (Rolling Hills, Tirane) Complete modular apartment blocks built from GFRG panels for real estate developers such as Balfin in Albania; delivered in weeks rather than years, with predictable block-level pricing of ~€2.2m per 18-unit block.
• Modular Villa Developments Modular villa units built from GFRG panels for developers, marketed as part of broader residential developments in emerging markets.
• Modular Hospital Building System Complete modular building system for community healthcare and public infrastructure projects in emerging markets, delivered via NGO/government partnerships (e.g., Malicounda, Senegal hospital).
• UK Modular Housing Deployment (Eco Buildings United Kingdom Ltd) Country-specific modular housing deployment via a wholly-owned UK subsidiary, using a binding framework agreement with local construction partner Noventum Ltd to deliver demonstration homes and roll out GFRG panel housing across the UK.
• Chile Modular Housing Supply Programme Multi-year government housing supply programme providing 20,000 GFRG-based modular homes to the Government of Chile over seven years, including a dedicated local manufacturing line for local-to-demand production.

Quantifiable outcome

• 5x faster to construct than conventional methods (3-year build compressed to ~3 weeks delivery)
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• BalfincoreStrategic or Co-development PartnerAlbanian property developer commissioning the Rolling Hills residential development in Tirane. First apartment block (18 units, ~100 sqm each) under construction using Eco Buildings' GFRG panels; planned rollout of at least six similar apartment blocks followed by a larger villa development. Each block generates approximately €2.2m in revenue for Eco Buildings.
• Noventum LtdcoreImplementation/ SI/ Consulting PartnerUK construction partner under a binding framework agreement with Eco Buildings' new UK subsidiary (Eco Buildings United Kingdom Ltd). Pilot programme of two demonstration homes currently underway; UK production capacity under evaluation while Albanian facility supplies initial units.
• Socotra Real EstatecoreStrategic or Co-development PartnerLocal partner for Eco Buildings' expansion into Sudan via a new subsidiary, funded by a €5m investment; intended to deliver modular housing in the Sudanese market.
• G2 InvestcoreStrategic or Co-development PartnerLocal joint venture partner in Senegal supporting site readiness and factory mobilisation for the 5,000-home first-phase modular housing project; payment expected February (per follow-up reporting).
• Amigos de BubaminorGTM or Marketing PartnerSpanish NGO partnering on the Malicounda, Senegal modular hospital project; fully funds and manages transport, installation and local delivery of the donated hospital building system, which serves as a reference installation for Eco Buildings' modular technology in West Africa.

Scale indicators12 records

Recent moves12 records

Expansion highlights7 records

Direct peers

• Ilke Homes: UK-based modular housing manufacturer using offsite timber-steel systems for residential developers and housing associations; directly comparable as an AIM-adjacent modular housing specialist pursuing government and developer contracts in the UK and selected export markets.
• TopHat: UK modular housing company using precision offsite manufacturing for affordable and private residential developments; comparable in target customer (developers, housing associations), modular construction model, and pursuit of ESG-compliant housing delivery.
• Boxabl: US modular housing company producing factory-built folded houses from proprietary panels; comparable in using a proprietary panel-based construction system, factory-replicable model, and focus on speed/cost advantages versus conventional builds.
• Plant Prefab: US-based prefab modular housing manufacturer using factory-built panelised and modular systems for custom and multifamily residential; comparable in panelised factory construction model and pursuit of sustainability-led residential projects.

Broad incumbents

• Sekisui House: Japan's largest homebuilder and a global leader in factory-built modular housing; comparable as an established incumbent using proprietary factory-built modular technology to serve mass-market and affordable housing at scale.
• ATCO Structures: Global modular solutions provider (part of ATCO Ltd) delivering modular buildings for workforce housing, schools, and healthcare; comparable in factory-built modular construction, multi-region presence, and serving government and remote-area projects.
• Modulaire Group: European modular space and building solutions provider (formerly Algeco); comparable as an established player in modular buildings with multi-country presence serving infrastructure, commercial and residential use cases.
• Laing O'Rourke: UK-headquartered construction group with significant modern methods of construction (MMC) and offsite manufacturing capability through Explore Industrial Park; comparable in offsite panelised/modular construction and UK government housing pursuit.
• Broad Group / Broad Sustainable Building: Chinese modular construction company using factory-built steel and panel systems for high-rise residential at very rapid build speeds; comparable in proprietary factory-built modular technology targeting mass housing delivery.

Regional players

• Wernick Group: UK-based modular building manufacturer producing permanent and temporary modular buildings for housing, education, and healthcare; comparable as a UK-focused modular peer with established manufacturing capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ECOBPLC
• LinkedInlinkedin.com/company/eco-buildings-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ECO Buildings Group