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Builders and building materials

Eco Buildings says trading in line as Albanian production line nears launch

Eco Buildings Group PLC (AIM:ECOB, FRA:9ZL0), the AIM-quoted modular housing builder, said trading for the current financial year remains in line with expectations.

The company is deploying proceeds from its £2.35 million fundraise into an AI-enabled manufacturing line in Durrës, Albania, due to be operational in the fourth quarter.

Construction of the first apartment block at its Rolling Hills development in Tirana has reached second-floor level and should generate roughly €2.2 million of revenue on completion.

All resolutions passed at Thursday's annual meeting.

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