Erbud will produce modular facilities under the MOD21 banner

The Erbud Group company specializing in modern modular wooden construction will be called MOD21. Ultimately, this new branch of business is to bring Erbud PLN 1.5 billion in revenue annually.

The name MOD21 consists of two parts – the first is “mod”, referring to the core business of the new company. – We did a thorough research and it turned out that no German company has so far appropriated associations with the words “module”, German “module” or English “module”. More often they were names derived from places, surnames or related to wood or other prefabrication technology. We are glad that we managed to appropriate “mod”, although it is associated not only with modules, but also with something fashionable and modern, “modern”. The name read backwards is “home” – we are moving away from associations with “houses”, but our brain, seeing this inscription intuitively, has a chance to immediately embed us in the construction industry – explains Radosław Górski, Erbud’s board member responsible for the development of modular construction in Group.

MOD21 focuses on the construction of large modular buildings made of wood – hotels, office buildings, dormitories, hospitals, public buildings. The company plans to reach full production capacity in 2026. It will be 100 thousand. m2 of the total area of ​​modules per year, which will generate sales revenues in this area at the level of about PLN 650 million with a profitability of 5-8%. In the first place, the offer is addressed to German customers – the value of the local market is currently over EUR 3 billion, it is expected to triple in the next decade, and according to DHWR (German Wood Industry Council) data – in 2050 modular wooden construction is to become half of the construction market in Germany.

The development of the modular segment is in line with the long-term strategy of the Erbud Group, which focuses on ecology and green transformation – ONDE, a company specialized in construction for renewable energy, made its debut in June this year. on the Warsaw Stock Exchange, both companies – ERBUD SA and ONDE SA successfully passed a restrictive audit and certification to be the first companies in the construction sector to receive the prestigious European ecological quality certificate EMAS.

The premiere of the name MOD21 took place symbolically on November 21, 2021 at 21:21. The strategic agency One11 from Warsaw helped Erbud to develop the new name of the company. Simultaneously with the premiere of the new name, the MOD21 website was launched in three language versions and the campaign of the new company in Erbud’s social media.

About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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