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
2025 - A year of opportunities
Firstly, we would like to extend our gratitude for your dedication and commitment in 2024. Thanks to your efforts, we achieved remarkable European performance by growing revenue, maintaining profitability, and improving cash collection. As we embark on a new year, we remain committed to innovation, adaptability, and market leadership
A special recognition to our colleagues in Ukraine who reached a breakeven position in 2024, an extraordinary achievement in extremely difficult circumstances.
We also appreciate your engagement with this newsletter. Nearly 300 colleagues read the Christmas edition, and we hope it will continue to be a valuable space for collaboration, inspiration, and updates from the business
We are committed to continuing our growth in 2025 Together with this, we will focus on investing in people, strengthening ESG integration, and driving digital transformation These initiatives will enhance collaboration, sustainability, and efficiency across Europe while supporting business growth amid the macroeconomic and political landscape
Despite uncertainties, opportunities emerge Meanwhile, Europe’s push for greater independence in energy, infrastructure, and defense present new opportunities where our expertise and local knowledge can make a difference.
Adaptability and innovation are key to maintaining momentum We will be increasing our awareness in communications and sales training, complementing past efforts in sector-specific learning and leadership development More details can be found in Our People section in Commit to Developing your Skills (p 10)
ESG remains central to our strategy We aim to support clients navigate the complexity of planning capital development, ensuring cost efficiency, and integrating carbon considerations into decision making Some key initiatives include EcoVadis certification, engaging in green councils, and launching an advisory forum to unify technical, environmental, and ESG services Please read our updates on Forum section (p. 13).
Digital transformation continues with broader adoption of Microsoft platforms to improve security and collaboration, the migration to a “ com” domain, enhanced data confidentiality and reporting through digital tools, such as Power BI
As we develop our next 3-year plan, we will focus on investing in high-growth sectors, expanding services and geographies, strengthening pan-European collaboration, improving efficiency through digitalization, and fostering a “one team” culture across Europe
Last but not least, we sincerely congratulate David on his transition to COO and look forward to his continued leadership in the new role David will be taking with him many of our good practice from Europe to Group and we will be working on an adapted European board in the coming months.
Thank you for being part of this journey we look forward to another year of success together.
TheGleedsEuropeBoard
Central Eastern Europe
ISTRO
A new impulse for Bratislava’s cultural life!
The New Istropolis project will replace the former cultural and congress center from 1981, which, due to its irreparable condition, had to undergo demolition.
The new multifunctional commercial and social center Istropolis will include:
A 4 3-hectare site featuring two new squares with a fountain and greenery, a cultural and social hall, residences, offices, and retail spaces
A 3,000-seat cultural and event hall
Photovoltaic panels on office building rooftops powering heat pumps throughout the district Residual heat from office server rooms used to heat water in residential units
Five residential buildings with a planned capacity of up to 600 apartments
Three office buildings offering 60,000 m² of leasable space
Over 2,000 parking spaces across the entire complex
With high-quality housing, sophisticated office and retail spaces, a cultural venue, and generous public areas, the project will create a synergy of functions that will boost the local economy and positively influence the city's demographic development
POLIS
Istropolis: A controversial demolition
The demolition of Istropolis in Bratislava sparked debate and divided opinions due to its historical and architectural significance It was built between the 1960s and 1980s, originally designed as the House of the Trade Unions to host the Communist Party congresses, it later evolved into one of the city’s most notable cultural venues
Istropolis stood as a landmark of mid-century architecture, featuring Cuban marble facades and a mix of cultural, office, and science spaces. For some, it was an irreplaceable piece of heritage, while others viewed it as an outdated relic of a past regime.
Located at Trnavské Mýto, a key urban area, the complex included a theatre, office tower, science center, atrium, and fountain, making it a significant part of the city’s architectural history. As the site’s redevelopment progresses, tensions continue to rise over the balance between preserving the historical architecture and modern urban transformation
100 Yards Reta
Gleeds has been involved in reconstructing and modernising historic, listed buildings in the prestigious location of Na Příkopě Street in the centre of Prague, part of the city's conservation area.
The complete reconstruction and modernisation included, among other things, deepening the building by one storey using jet grouting and micro piles and restoring the courtyards of the buildings, which will be newly accessible to tenants for relaxation
In addition, the wooden beamed ceilings were repaired, windows were replaced, the façade was renewed, a new roof was added, and new technical facilities were installed From an environmental and sustainability perspective, the buildings are pursuing LEED Gold certification For this reason, a hybrid heating system based on heat pumps and gas boilers was designed
The relocation of the technical facilities to the newly deepened space created new sales areas: one underground and two above ground The aim of the refurbishment was to provide three floors of offices to allow for open space variation, either offices over one whole floor, three newly connected buildings, or smaller offices
il and Office
er extensive alterations, the shop areas are on ee floors (3,600 sqm) and the offices on the er three floors (3,500 sqm)
chnical specialties and challenges
e Na Příkopě 23/25/27 building is a collection of ee adjacent buildings that have undergone mplex alterations As part of this process, the re building was thoroughly secured using an ressive 150 micro piles and 215 jet grouting umns These securing techniques have vided a solid and stable foundation for further k
e of the key elements of this transformation was deepening of the building, specifically in the a of the engine rooms, where a gap of 3 5 res was achieved. This deepening allowed icient space to be created for the process ipment while at the same time providing new portunities for the use of this space. At the same e, the load-bearing capacity of the historic med ceilings of the upper floors was increased.
ecial attention was also paid to the columns of courtyard buildings. Before the extension of se structures, they were secured by micropiles, ch ensured their strength and stability in the sequent phases of the renovation
Commit to Developing Your Skills
Discover How Learning Can Benefit You!
In today’s fast-paced world, one thing is certain: staying still is not an option.
Industries evolve, technologies advance and the demand for new skills in our sector grows constantly Skill development is your most valuable investment, and the People Development Team wants to help you with your career at Gleeds.
Whether you have defined your professional goals or not, following these recommendations will set you on a path of continuous improvement and success
Set Clear Goals: What do you want to achieve in the next 6 months? The next year? In five years? Your manager can help you during the Performance and Development meetings
Create your learning and development path: New in Academy: You can now create your Learning Path using The Playlists. Playlists provide a simple way for users to save content for later or quickly access frequently used Courses Each Playlist is private and visible only to the User who created it, and only Courses available in Learn can be added to a Playlist This feature is enabled for all users, with a default Playlist called "Saved for Later" automatically created
Regional Headcount
Find Learning Resources: We regularly develop and update the training programmes to give you development opportunities The QR below shows the resources we have to support your development
Commit Time Weekly: Dedicating 30 minutes a week can lead to meaningful progress over time Block time on your calendar and treat it like an important meeting
Measure Your Progress: Reflect on how far you’ve come and celebrate your wins. Investing in your professional development isn’t about perfection but your progress
Your commitment to growth and learning drives your career
Scan this QR to explore the learning and development resources we offer at Gleeds to support your career growth
Do you want to learn more about Data and AI?
Is this one of your goals?
Go to Gleeds Academy, click on Upskill (Data + AI Training) and book a date:
Construction AI for Beginners
Power Apps for Beginners
PowerBI for Beginners
PowerBI Intermediate
If you want to participate in those programmes, you want to comment or if you have questions do not hesitate to contact me: ustaritz bartolome@gleeds es
European Cost Management Forum
During 2025, the European Cost Management Forum, led by Edna Benavides will continue to focus on standardization, improvement, and revamping of our deliverables
The Forum meets monthly to achieve our goals Our first objective is to launch the new Cost Plan and Cost Report templates at the end of 1Q 2025, which incorporates the new corporate branding
Part of our greater Forum purpose is to provide continued support and collaboration across Europe to all Cost Managers. This is demonstrated by Edna’s training sessions in Portugal, Italy, France and most recently in Prague.
These are typically day-long Cost Management workshops where we review ways to improve the
proposed standard documents. We also work towards adopting the ICMS cost group structure in estimating and data collection.
While the Biannual Market Reports have historically fallen under the Intelligence umbrella, the content relies heavily on our local cost management expertise This is another example of our successful cross-border collaborations
Lastly, the Forum has begun implementation of the use of PowerBI in our deliverables To this end, Simon McElroy is currently providing PowerBI support to teams in Italy, Poland and Spain as they transition to the new formats. Upcoming workshops will include a session reviewing soft skills of engaging with our clients and how to best build long-lasting relationships as trusted cost managers
Addressing Climate Change in Construction with the British Chamber of Commerce - ESG Forum
The ESG Forum, led by Irene Tora, in collaboration with the British Chamber of Commerce’s Sustainability Commission, has developed a paper analyzing the impact of climate change on the real estate sector. As an active member of this initiative, Gleeds has contributed expertise to address the challenges and opportunities facing the built environment Climate change directly affects building design,
Technical Advisory
In its latest meeting, the forum led by Robert Burgess agreed to integrate ESG and TDD reports, an effort that goes beyond producing a joint report, recognizing decarbonization as a key priority for our clients The new European legislation (EPBD) is set to reshape building technical standards, introducing requirements on carbon, renewable energy, sustainable mobility, smart readiness, and more ESG and TDD teams will need to adapt to these evolving regulations to ensure compliance and strategic alignment.
construction, and operation By integrating sustainability and resilience strategies, buildings can reduce their environmental impact and better withstand future climate conditions, offering economic and competitive advantages. Data-driven decision-making is essential for this transformation. At Gleeds, we work with investors, owners, and developers to assess building data and define strategies for climate adaptation Read more
Project Management
Led by Oskar Sarnecki, the forum is making strong progress in developing common management documents to support project execution across our locations With clients’ diverse expectations often shaped by cultural and regional differences, we aim to create high-level standards that provide a reliable project management foundation, while remaining adaptable to individual project needs We are actively exchanging knowledge among users of different CDE platforms, working toward preferred solutions that meet the needs of all stakeholders.
Market Trends: What you need to know in Q1
This report provides an overview of the economic performance across four key European zones across Q3 and Q4 2024: 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 data for Q3 2024 revealed a significant improvement in WME, with growth improving from 0 3% in Q2 to 1 4% This positive movement contributed to an overall improvement within the EU as a whole, which increased from 0 8% to 1%, and across GEC, which improved from 0 5% to 1 1% In contrast, CEE saw stability, with growth remaining at 0 8%
Inflation Trends
In 2024, the average inflation rates for each region were as follows: The EU reported 2 6%, GEC 3%, WME 2 4% and CEE 3 8% The latest figures for December show that inflation saw a slight uptick across the region, with the EU rising to 2 7%, GEC increasing to 3 2%, and CEE reaching 4 1% Conversely, WME experienced a small improvement, decreasing to 2 3% and bringing it closer to the 2% EU target, a level known to promote sustainable growth.
Construction Confidence Indicator (CCI)
The Construction Confidence Indicator (CCI), which reflects the confidence of construction professionals in the market, showed notable improvements in January 2025 after a worsening in December 2024 with the EU's CCI improving from -11 5 in December to -8 3 in January This positive change was contributed to by the figures for GEC which improved from -12 6 to -10 3, WME from -10 5 to -7 4 and CEE from -15 0 to -13 7
Conclusion
In the second half of 2024, WME stood out for driving the improvements in the European Union’s figures for Real GDP and the CCI and was also the only region to report an improvement in inflation. While GDP and CCI figures across all regions showed a positive trend the trend of increasing inflation, which began in September, must be
monitored closely. Looking ahead to 2025, there is cautious optimism that the overall positive economic trends across the EU will continue, driven in part by WME’s strong performance. However, while growth remains encouraging, the recent rise in inflation must be closely monitored to ensure it does not undermine broader economic stability.
11-14 MARCH
MIPIM
Cannes, France
15-17 APRIL
IHIF Forum
Berlin, Germany
4-5 JUNE
Datacloud Global Congress Montecarlo, Monaco
London, United Kingdom 17-18 SEPTEMBER
Data Center Dynamics
7-9 OCTOBER
Expo Real
Munich, Germany
The 30th Annual Property Market Convention, Poland
The Polska team took part in 30th edition of Poland’s oldest and most prestigious gathering of real estate market experts the Annual Commercial Real Estate Market Conference, organized by us since 1994! Andrzej Kozak, our Deputy Director, was one of the panelists and he spoke about the conversions of the existing buildings to the residential units, about financial and technical challenges, about opportunities that lay in such practices
On January 15th, our Madrid team and the GRI Club co-hosted the Energy Performance of Buildings Directive (EPBD) meeting which brought senior real estate market stakeholders to discuss the impacts of the EPBD on the built environment Irene Torá (Associate Director –t d d
discussion that addressed the revisions to the directive which includes the introduction of minimum energy performance standards (MEPS), the definition of zero emission buildings, updated requirements for energy performance certificates (EPCs), and carbon t d i th lif l f b ildi
GRI Club, ESG event in Madrid
E N T S
C H I E V E M
A
i n o u r R e g i o n
Celebrating Ms. Alzbeta Egyedova!
Ms. Alžbeta Egyedová played a pivotal role in shaping our Slovak office. Her dedication and leadership have left a lasting impact, making her an
Celebrating Milestones in our German Team
Congratulations to Matthäus Prochownik, Senior Project Manager, on reaching 10 years with Gleeds Germany on January 2, 2025!
We also celebrate Monika Grünheid, Human Resource Manager, for an incredible 25 years with Gleeds Germany on February 14, 2025
Thank you both for your dedication and contributions to our team!
integral part of our history and success. We are grateful for her contributions and the foundation she helped build
Annual Party in Montmartre
On January 16th, our French team came together for an Annual Party in the heart of Montmartre. The evening was filled with great food, drinks, and lively entertainment. They had a photo booth to capture fun moments, a music blind test to challenge our knowledge, and a DJ It was a wonderful opportunity to connect, celebrate, and create lasting memories together
On-Site Excursion – 100 Yards Development
On October 16th, our team from Czechia visited the 100Yards development, where Gleeds is delivering a comprehensive range of expert services As the project nears completion, with final inspections and
CATL Project Debrecen
approvals underway, our dedicated colleagues who have been closely involved throughout led us on a site tour, sharing valuable insights into the progress and key milestones of the construction
Our Hungarian team has won the contract for the CATL initiative This endeavor is part of a new lithium battery manufacturing facility in Debrecen, covering approximately 50,000 m² of industrial space. As a result, we have welcomed several new colleagues and gained the opportunity to collaborate with Gleeds China, which we are very excited about Contemporary Amperex Technology Co , Limited (CATL) is a globally significant battery manufacturing company that is building one of its
most modern manufacturing plants in Hungary The mechanical and electrical installation of the largest building on the factory site is being carried out by the Chinese companies DDH and Honghui. The construction activities are overseen by Gleeds, an internationally recognized engineering firm, which provides responsible technical management and project management roles, ensuring appropriate quality and compliance with regulations in force in Hungary
18 Achievements in our Region
Hungarian team building activity
Our team took part in a pig slaughter at the beginning of the year as a team-building activity As our colleagues work on different projects in different parts of the country, they rarely get to meet each
other In order to help them get to know each other better, and thus improve the working relationship between them, we try to organise team-building sessions several times a year
Polska Christmas Meeting
Last year, our teams from seven offices across Poland met for a joint Christmas dinner – it was a special evening!
It was a great opportunity to wish each other Christmas wishes and sum up the passing year full of cooperation It was nice to meet in person! During the event, we also had the pleasure of honoring the anniversaries of our employees – longterm relationships are key to our company. Jacek Kostrzewski, our Managing director presented awards to the following people:
25 years: Andrzej Kozak, Robert Podkowiński, Andrzej Wieczorek
20 years: Elżbieta Dziemian
10 years: Marcin Bakura, Marek Chodkowski, Paulina Polska-Andruszczyszyn, Aleksander Schultz, Dominika Szwedzicka, Tomasz Tomaszek, Dariusz Żebrowski
Polska team recognised as PM Firm of the Year!
Adding to the 27 awards already won by the Polska team, another trophy has just landed in our hands We have been recognized as Project Management Firm of the Year during the 17th EuropaProperty CEE Retail Awards Gala A brilliant way to start off a remarkable year for the team.
Gleeds Ski Tour 2025
Celebrating growth and success in Italy!
On January 26th, our Italian team celebrated its third anniversary, a milestone that reflects their dedication and growth in the market To commemorate the occasion, the team gathered for dinner, raising a toast to the exciting opportunities ahead. In just three years, their presence has strengthened, thanks to this small but exceptionally talented team, whose collaboration and expertise continue to drive success. Congratulations to everyone, we look forward to many more years of growth!
Our Ukrainian office achieves ISO certification
Once again this year, the German team went on a skiing holiday together Almost 30 colleagues from all 6 locations in Germany and from the Vienna office spent 4 days skiing, snowboarding and sledging in Neukirchen in Austria in wonderful weather and great snow.
Gleeds Ukraine has completed its initial external audit for the Information Security Management System (ISMS), focusing on managing sensitive company information.
The audit, which faced delays due to the ongoing conflict, has been patiently awaited for several months Safety concerns prevented SGS, an independent company that audits Gleeds Ukraine for ISO certifications, from conducting the evaluation in person SGS Ukraine does not have an ISO 27001 auditor and was unable to send someone from outside Ukraine to Kyiv due to concerns about the ongoing war Thanks to technology and the use of video calls, we could met the ISMS requirements
The assistance of Katarzyna Scott, the Polish team, and Vladyslav Bilov, the audit was successful with minor observations.
Composting for a Greener Future: The French team Steps Up!
In response to evolving regulations in France around organic waste sorting, the French team has taken proactive steps to embrace sustainability. An initiative from Maria Farah, Sustainability Consultant, is transforming the organic waste into valuable compost a shift towards reducing their carbon footprint
Now, they have a dedicated waste sorting system in place and unnecessary waste bins were removed to encourage mindful sorting and movement throughout the office
This initiative not only supports their environmental goals but also aligns with a recent client request for enhanced waste management information during a tender process underlining the growing importance of sustainable practices.
To build awareness and inspire eco-friendly habits, they are also launching a series of awareness sessions for their teams Together, we are fostering a culture of responsibility and environmental stewardship
We invite all colleagues across the region to contribute to our newsletter!
If you have insights, achievements, or updates to share, whether it is a project, an ESG initiative, or an industry perspective, we would love to hear from you.
Feel free to reach out to Mariela Gonzalez with any content you would like to feature in the next edition!
Up to 5 years in Gleeds
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GrzegorzWawro
GuillemetteMarce
GuillermoJoséPérezCabrera
HannaCiepka
HaraldEbeling
HelenaMariaKarathanasis
IgnacioEcheverríaAlbaladejo
IsabelGonzalezAyala
IwonaRatkowska
JacekKucwaj
JakubJanocha
JakubMalec
JakubSollich
JaroslavaLunackova
JesúsCarlosSánchezHernández
JindrichHanzlicek
JoannaSkrzypek
JoannaUjejska
JoseCarlosMontoyaJulian
JozefNovysedlak
JurijIlnicky
JustynaKijanska
KamilPollex
KamilaKasper
KatarzynaGolaszewska
KonradStepniak
LiviaDiezmaPerez
LuisMariaMartinezVera
MaciejCzerepak
MaciejPlatkowski
MagdaMadej
MarcelKindl
MarcinBakura
MarcinSzczap
Up to 20 years in Gleeds
AdamHorak
AdamPolak
AleksanderSchultz
AlenaTkacova
Alexandru-SilviuConstantin
AnnaKrasny
Anne-JoaKor
BartlomiejOrowiecki
DamianKroc
DavidAndradeOlave
DavidGrant
FelixBehrndt
GermanMartinezVaccarezza
GrzegorzMaciagowski
HadrienBays
IgorGarbuzenko
IlonaStelzer
InmaculadaPlanaToledo
IrenaKavenska
IstvanSzentesi
IvanGomezDeLaCalle
IvanaMatejkova
JanGasparik
JaroslavaRurova JaroslawGurda
JavierSanzArjona
JuanHervillaPomares
KamelKermani
KatarzynaGatarska
KatarzynaScott
KevinBraund
KrzysztofPilimon
LeticiaMedinaPriego
MagdalenaAdamczak
MarcBardini
MarcinSowa
MarcinWaga MarianStopiak
Up to 30 years in Gleeds
CorinaPetre
AdrianBudarescu
Alina-GabrielaTanasie
AlmudenaFernandezSanchez
AlzbetaEgyedova
AndrzejKozak AndrzejWieczorek CarlosArribasLozano
ChristophKrueger
MarcosLecoGil
MarekChodkowski
MariaLópezDíaz
MarioCosta
MartinBalaz
MartinBohacik
MartinNemcek
MartinUher
MarzenaGluszek
MatthaeusProchownik
MatthiasMess
MonikaNiebieszczanska-Tomczyk
NicolasChebib
NikoletaGerken
OliverJackel
OndrejOndrasik
PabloLopezDiaz
PaulinaNowakowska
PaulinaPolska-Andruszczyszyn
PaulinaSaladra
PavelHucak
PavelPokrupa
PawelDziduszko
PawelPlaza
PeterBelovic
PeterObusek
PetrDolezal
PetrNovak
PilarGarcíaSuarez
PremyslStepanek
RadoslavMazerik
RafalPelczarski
RamonaHaustein
RaquelAlcocebaMéndez
RaquelArribasRodríguez
RaquelCastañoVaquero
RenaudPorcher
RobertKozak
RonaldKergal
SimonetaVacokova
SongYang
SusannDickel
SusanneGoebel
SylvestreNanhou
TatianaLamKan
TomaszTomaszek
TymoteuszFojucik
UrszulaCzuba
VaclavPolata
VaclavSedmik
ValeriiaGarkavenko
VeraWesskallnies
VeronikaSingerova
VictoriyaDushko
VladHortopan
VladislavSepelak
VladyslavBilov
VolodymyrVasylevskyi
VyacheslavNykytenko
WojciechGrycza
YvonneMueller-Ruedisueli
ZuzanaMakukova
ZuzanaVysvaderova
MarianUhlik
MariuszLis
MartinCizek
MartinLalinsky
MartinPladaVillalba
MartinaLukacova
MichaelGalling
MichaelaRottova
MichalLewczuk
MichalinaZofiaBuczkowska
OlafMuecke
OskarKrzysztofSarnecki
PavelHolba
PawelJaroszewski
PawelWojciechBadura
PeterTaggart
PetrPopelka
RafalJablonski
RichardBrindzak
RomanKalcik
RosaMariaLizondeMiranda
SarahRiemann
SetarehGhalari
StefanSivak
SvitlanaBozhko
TerezaPolakova
TetianaKanashchuk
TomaszDuda
TomaszPrzymusiak
TorstenHanuschik
VilliamKorba
VladimirMunizGueorguiev
WojciechLudew
WojciechMyszkowski
XavierSaumoy-Gregori
YannickDavison
ZbigniewRosa
ZuzanaCechova
EditKiszely
ElzbietaDziemian
EmilioMolineroCercas
IsabelRodriquezPlaza
JacekKostrzewski
JanaPutikova
JanosVirag
Over 30 years in Gleeds
DavidEdwardPaulJohnson
ErnestoFernandezAmbit
GaryBarber
PeterCairns
SalomeIglesiasManzanero
JosefFeinermann
KamilBad'O LuisNavasSanchez MarcosMunueraDiaz-Garzon
MariaJesusValeroPerezPenamaria
MonikaPrzylepa MonikaBrigitteGruenheid
PilarAndreaMunoz
StefanelliRobertJamesBurgess
RobertPodkowinski
TomasHomola
VicentaGutierrezHernando VicenteGonzalezFernandez ViktoriaPetkova
VladimirBily