Evision
Our Correspondents
Zuzana Makukova
Marketing Department Bratislava
Dominika Rákos
Junior Project Manager
Budapest
Tetiana Kanashchuk
Marketing Manager
Kyiv
Veronica Fassoli
Cost Manager
Milan
Pavlina Ticha
Bid & Brand Manager
Prague
Agnieszka Bardoń
Senior Marketing Specialist
Warsaw
Alina Tanasie Office Manager
Bucharest
Carolin Michel
Marketing Manager
Frankfurt
Ana Vitorino Office Manager
Lisbon
Véronique Bossart
Office Manager
Paris Isabel González
Senior Brand & Bid Manager
Seville
Monika Przylepa Director, Marketing & Business Development
Warsaw
Mariela Gonzalez Comms Manager, Europe
Madrid
Please note:
Looking ahead in 2026
The entire European Board would like to express our gratitude for your dedication and commitment during 2025 Despite severe macroeconomics, political headwinds, and changing client demands, we outperformed our revenue targets and are very close to our profitability target We are now a €67m+ business in continental Europe!
As we embark on a new year, we remain committed to leading our chosen markets, doing so with clarity, ambition, and a sense of unity.
Our strategic approach revolves around the following initiatives:
AI Digital tool adoption – Our first digital workshops with James Garner were successful, with over half of our region joining the various calls
New geographies – on the back of some group-initiated wins, we have launched the opening of both Greek and Swedish entities
Investing in our people – your development continues to be a priority, and our Learning & Development programme will once again host a pan European webinar for all of us
These initiatives will shape our decisions and reinforce our commitment to deliver exceptional value to our clients while creating meaningful opportunities for our people.
In our last edition, we celebrated the promotion of two of our colleagues to country director roles in Czechia and Slovakia This time, we are pleased to announce the appointment of Jari Eno as our new Country Director for Finland This is very much a return home for Jari, who has been a valued colleague for many years in Spain Jari, welcome back!
Our vision is to be the leading European consultancy, acting seamlessly as one team In our current context, this requires continued investment in people, services, sector, and geographies but also investing in our systems and business setup We would like to celebrate our finance and wider business support teams as we are closing our books for 2025, kicking off our statutory financial audits, all while still meeting our monthly reporting obligations It is a team sport, and we all play our part!
Thank you for your continued commitment and professionalism.
Warm Regards,
Central Eastern Europe
Radlická- Výmo
New Entrance to the Radlická Metro Station in Prague 5, Radlice district
After winning the tender, Gleeds began work on the Radlická – Výmolova Passage – new entrance to the Radlická metro station in Prague 5, where our client, the Czechoslovak Commercial Bank (ČSOB), has its headquarters. Our collaboration started already in the project’s preparatory phase and continued with the development of project documentation between 2023 and 2024
The new southern entrance to the Radlická metro station is being built as part of a broader transformation and revitalisation of the area surrounding ČSOB’s headquarters in Prague 5 The project not only enhances access to the station’s vestibule but also creates a new urban passage with shops and services, naturally complementing the local public amenities
The project includes technically demanding construction in the immediate vicinity of the existing metro tunnel All works will be carried out while maintaining full operation of the metro and the surrounding roads Radlická and Kutvirtova streets will remain open to traffic, with a temporary reduction to two lanes at the construction site
lova Passage
ew entrance will significantly improve safety, ssibility, and connectivity in this part of ue:
arrier free access across all levels safe way to cross the busy Radlická Street hanks to a new underpass. mproved connection to the southern part of he area, including the Výmolova School for the Hearing Impaired ntegration of a key public transport hub metro–tram–bus) with the long planned uburban railway stop Radlice nhanced local amenities through the new assage with shops and services
nt
oslovenská obchodní banka, a. s. (ČSOB group)
ices
ct Management (PM) Management (CM) Management nical Supervision of the Investor (TDI) h & Safety Coordination (H&S)
ramme 025 – 03/2027
DowntownYards
The project will be carried out in two stages The first stage will focus on residential development, while the second will feature an administrative landmark The elegant timeless architecture with a Londoninspired character includes various types of housing, an active ground floor with shops, services and dining establishments along the lively Košická Street, as well as open courtyards for everyone, featuring both sunny and shaded areas, tree-lined paths, green spaces, and water elements
Site visit in Finland!
We are pleased to welcome our new Country Director for Finland, Jari Eno, who returns to Gleeds after 9 5 years Together with Heikki Turtiainen, Project Director, and Patrick Leniston, Jari recently visited Gleeds Suomi’s first project At the time of the visit, groundworks and demolition were underway, marking an important early milestone for the scheme
Studio A Warsaw: A Landmark Milestone Achieved
The construction of the second and final phase of Skanska’s project has been completed, and at Gleeds, we’re now starting the fit-out of the offices for some of the new tenants. The project commenced in November 2023 and completes the street frontage along Prosta Street. The building complies with the standards of leading quality and sustainability certifications, including LEED, WELL, WiredScore, SmartScore, and the “Barrier-Free Building” certification
SUDEA Wrocław
The new SUDEA building in Wrocław has received its building use permit Congratulations to our client OKRE Development and all project partners We delivered Construction Management services for Stage 1 of this 19,000 m² mixed-use residential development, featuring apartments, offices, restaurants, public green areas, and close collaboration with heritage authorities
Your Development Journey at Gleeds
As part of our commitment to your development and growth at Gleeds, during Q1 we conducted a survey to better understand the training and learning opportunities you would value as part of your professional development
We have carefully reviewed your requests, analysed the themes, and communicated what is currently available to support you Thank you for your input
One of the sessions delivered this quarter directly responds to both your feedback and our company objectives and values:
AI and Digital Tools Webinar
Delivered by James Garner and Yoshi Soornack This session explored how AI and digital tools can enhance the way we work and create value for our clients. If you were unable to attend, you can watch the recording in the “EU Webinars” section in Academy.
We would love to understand what else you would like to learn on this topic �� Please take a few minutes to complete this short survey and share your thoughts
AI and Digital tools survey: Fill out the survey. Your feedback will help us shape future sessions!
Regional Headcount
From January to March, representatives from each European country have been participating in our Contract Administration Course. Delivered by the University of the Built Environment
The main objective of this programme is to strengthen contract management capability and consistency across the region, ensuring we continue to deliver excellence and manage risk effectively in our projects This initiative supports our commitment to professional excellence, risk management, and consistent delivery standards across Europe
Coming Soon: Networking Webinar with Kathy Brooke.
We are delighted to announce an upcoming keynote session delivered by Kathy Brooke, communication and coaching expert. This session is designed to transform the way you approach networking and will equip you with the skills, confidence, and mindset to represent Gleeds in any networking environment.
To maximise the impact of Kathy’s webinar, we encourage you to complete the communication courses available in Gleeds Academy in advance This will help you feel even more prepared and confident going into the session
Whether you are meeting someone for the first time, attending formal events, or building long-term professional relationships, this keynote will help you feel prepared, empowered, and ready to make meaningful connections.
Every step you take in your development matters Embrace the learning opportunities, challenge yourself, and unlock your full potential – we’re here to support you every step of the way
Keep learning, stay curious, and take every opportunity to grow
Market Trends: What you need to know in Q1 2026
This report provides an overview of economic performance across four key European zones from November 2025 – January 2026: the European Union (EU), Gleeds European Countries (GEC), Gleeds Western Mainland European offices (WME), and Gleeds Central Eastern European offices (CEE).
GDP Performance
The latest Year-over-Year (YoY) Real GDP figures for 4Q 2025 showed a stagnation at 1 3% in WME, while CEE fell from 2% to 1 1% This downward shift in CEE drove an overall GEC contraction, which fell from 1 6% to 1 2% Due to this regional momentum, EU GDP growth as a whole fell from 1 4% in Q3 2025 to 1.3% in Q4 2025.
Inflation Trends
The latest HICP figures indicate a steady cooling across all regions. WME reported 2.3% in October and November before easing to 2 2% in December CEE followed a comparable path at higher levels, with inflation edging down from 4 3% in October to 4 1% through the year-end This trend was reflected in the GEC, where rates moved from 3 2% to 3 0% by December Simultaneously, EU-wide inflation moderated slightly from 2 1% in October and November to 2 0% at the close of the year
Construction Confidence Indicator (CCI)
Construction confidence bottomed out in December across all regions. In WME, sentiment fell from -6.5 in November to -9 in December before improving to -6.1 in January. CEE followed a similar pattern but at more sever levels, starting at -14.6 before remaining steady -16 3 over the same period These movements underpinned the broader GEC, which worsened from -10 2 to -12 4 before improving to -10 7 At the EU level, this pattern repeated from -4 4 in November to -5 6 in December before strengthening to -3 7 in January
Conclusion
In 4Q 2025, GDP growth in WME remained flat while CEE weakened, slowing GEC growth as the EU aggregate also edged slightly lower. Inflation across all regions eased through December, with the EU average now perfectly aligning with the 2% target. Construction confidence bottomed out in
December before showing signs of recovery in January, despite persistent pessimism in order books. Regional economic momentum remains fragmented; persistent labour tightness and fiscal disparities continue to warrant close monitoring across the broader European landscape
9-13 MARCH
MIPIM
Cannes, France
20-21 MARCH
IHIF Forum
Berlin, Germany
Datacloud Global Congress Montecarlo, Monaco
Data Center Dynamics
London, United Kingdom
5-7 OCTOBER
Expo Real
Munich, Germany
N T S
A C H I E V E M E
i n o u r R e g i o n Please
Celebrating Together in Paris
A Secret Santa activity in Paris brought the whole team together just before Christmas In a loft in the centre of the city, the team enjoyed a fun evening with a magician, karaoke, darts, and billiards Everyone truly appreciated this friendly moment, sharing laughs and celebrating the season as a team
Technical Consultancy of the Year
Our Polish team has been awarded the prestigious title of Technical Consultancy of the Year at the 15th Eurobuild CEE Awards Gala!
This great achievement would not have been possible without the commitment and engagement of every single team member
We owe that prise to our amazing Clients and all business partners, their collaboration and trust
The Noble Gift – Celebrating 10 Years of Support
Our Polish team proudly supported Szlachetna Paczka (Noble Gift) for the 10th time Szlachetna Paczka is one of Poland’s largest and most recognisable social initiatives It is an intelligent, personalised aid system that provides both material and emotional support to individuals and families in difficult situations
Since 2016, this grassroots initiative has united colleagues in providing personalised material and emotional support to families in need. This year, the team completed fundraising, purchased all requested gifts, and came together in the Warsaw office to carefully pack and deliver them to beneficiaries
Welcoming new and returning team members
Over the past few months, we have been delighted to grow our Italian team In January, Veronica returned from maternity leave as Senior Cost Manager, having welcomed a baby girl, Virginia, to her family We are thrilled to have her back
Additionally, in February, we introduced Michele as our new Building Surveyor His arrival strengthens our team as we tackle a whirlwind of offers and projects across Italy.
Winter energy: Italian team defies the seasonal slowdown
While winter months are often seen as a time of lethargy, driven by external factors like the weather, our Italian team has taken a different approach Instead of conserving energy for spring, our team has launched new initiatives and is already planning ahead with innovative ideas
ESG in Action
Last issue of Contact Magazine Online by British Polish Chamber of Commerce (BPCC) follows the UN’s annual climate change conference, with COP30 in Belém having been held from 10 to 21 November That’s why this edition focuses on ESGrelated topics Andrzej Kozak and Ewa Niemyjska (Drachal) co-authored an article on sustainability in construction and real estate, exploring whether it is a matter of market competitiveness or merely a matter of image.
Link to the article: Sustainability in construction and real estate – market competitiveness or just an image? - British Polish Chamber of Commerce
Upskilling with contract administration course
Abdelhamid, Guido, Francesca, and Veronica have enrolled in the Contract Admin Course through UCEM Online Academy Led by James Beckwith, the course kicked off in mid-January with nine scheduled sessions Participation from the Italian team has been strong, and early feedback is overwhelmingly positive This commitment to professional development showcases our drive to enhance skills and deliver even greater value to our projects
Workshop on critical and creative thinking
Last December, our Spanish team hosted in Madrid a fun and interactive workshop with philosopher and economist David Cerdá Teams tackled complex problems, debated challenging questions, and shared their ideas with the group.
Sweets Workshop with Grandma’s Association
In December, our Lisbon team collaborated with A Avó Veio Trabalhar, a nonprofit association supporting the talents of people aged 60+, reflecting our commitment to social responsibility Guided by the “Avós” (Grandma’s) teams prepared traditional Christmas sweets, with the gradnma’s judging the
Gleeds runs Madrid
Our Madrid and London offices are partnering together in a joint effort to raise funds for EduKid by running the Madrid Half-Marathon on the 22nd March 2026.
Two dedicated teams, representing both offices, will be participating in this challenging race, a joint initiative that reflects our commitment to teamwork and community impact beyond our work
The session encouraged to pause and reflect on important topics, including workplace ethics and effective teamwork It was both educational and inspiring, combining learning, creativity, and collaboration in a truly engaging way
final creations. The workshop was a hands-on experience highlighting creativity, teamwork, and community engagement.
Edukid is a UK registered charity that helps over 2600 children in poverty and conflict zones across Asia, Africa, the Middle East, and South America access education
Edukid aims to remove the barriers to education faced by children living in poverty and conflict around the world Find out more about Edukid
If you would like to contribute to this cause, please visit our donation page using this link.
16 Achievements in our Region
Up to 5 years in Gleeds
DennisBodendorf
DerrickRobertAckwonu
DiegoPalazueloDelCanto
DinaMseeha
DominikaRakos
EditaLukesova
EdnaFrancesBenavides
EdoardoMorici
ElenaFilippova
EliasBarkil
EliskaZelendova
EmanAly
EmanuelMarquesDias
EmelineLacides
EmelynWageneder
Please note: This news and content are for internal use only Do not distribute or share externally
Up to 10 years in Gleeds
Up to 20 years in Gleeds
Up to 30 years in Gleeds
Over 30 years in Gleeds
Please
Thanks to everyone once again!