Alteo
Alteo's Overview
ALTEO Energiaszolgáltató Nyrt. is a Hungarian-owned energy service provider and trading company with a modern outlook, specializing in renewable and alternative energy. The company's business scope covers renewable and conventional energy generation, energy trading, energy services for SMEs and large companies, as well as the development and implementation of projects in the field of e-mobility and waste management. Alteo aims to provide its customers with a reliable and environmentally friendly energy supply based on the generation of energy from renewable sources and on high-efficiency natural gas cogeneration, heat and power plants.
Where is Alteo's Headquarters?
HQ Function
Serves as the central hub for strategic planning, corporate governance, financial management, investor relations, and coordination of Alteo's diverse energy generation and service operations.
Notable Features:
Modern office facilities located in a well-established business district of Budapest, designed to support collaboration and operational efficiency.
Work Culture:
Alteo fosters a dynamic, innovative, and sustainability-driven work culture. It emphasizes expertise, teamwork, and a commitment to contributing to a greener energy future for Hungary.
HQ Significance:
The headquarters is crucial for managing Alteo's integrated energy portfolio, driving its growth strategy in renewables and energy services, and maintaining relationships with key stakeholders, regulators, and the financial community.
Values Reflected in HQ: The headquarters' operations and environment aim to reflect Alteo's core values of sustainability, innovation, reliability, and customer focus.
Location:
Alteo's primary operations are concentrated within Hungary, where it owns and operates a diverse portfolio of power plants (wind, solar, hydro, gas-fired) and provides comprehensive energy services. While its physical infrastructure is domestic, Alteo participates in the broader European energy market through its energy trading activities. The company continually assesses opportunities for regional collaborations and environmentally conscious investments.
Street Address:
Montevideo u. 8.
City:
Budapest
State/Province:
Budapest
Country:
Hungary
Alteo's Global Presence
Tiszafüred, Jász-Nagykun-Szolnok County, Hungary
Address: Alteo Tiszafüredi Fűtőerőmű, H-5350 Tiszafüred, HRSZ 0103/68
Supports Alteo's conventional energy generation portfolio, ensuring reliable heat and electricity supply in its operational region, and contributing to the stability of the national grid.
Gibárt, Borsod-Abaúj-Zemplén County, Hungary
Address: Alteo Gibárti Vízerőmű, H-3851 Gibárt, Kossuth út 1.
Contributes to Alteo's renewable energy output, utilizing hydro resources to provide clean energy to the region and supporting Hungary's sustainability goals.
Buying Intent Signals for Alteo
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Executive Team of Alteo
As of April 2025, Alteo' leadership includes:
Investors of Alteo
Alteo has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
In the past year, Alteo strengthened its executive team with the appointment of a new Chief Financial Officer and Deputy CEO for Finance and Operations.
New Appointments:
Technology (Tech Stack) used by Alteo
Discover the tools Alteo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Alteo Email Formats and Examples
Alteo likely employs standard professional email address formats for its staff, typically combining employee names with the company domain 'alteo.hu'. Common variations include [firstname].[lastname]@alteo.hu or [firstinitial][lastname]@alteo.hu.
[firstname].[lastname]@alteo.hu
Format
bela.kovacs@alteo.hu
Example
80%
Success rate
News and media
Budapest Business Journal (BBJ) • May 15, 2024
Alteo posts HUF 5.2 bln Q1 profit
Alteo Group reported a consolidated after-tax profit of HUF 5.2 billion for the first quarter of 2024. The company attributed the strong performance to favorable results in its energy trading segment and increased output from its renewable energy power plants....more
Budapester Zeitung • May 8, 2024
Alteo completes largest energy storage project in Hungary
Alteo has commissioned Hungary's largest industrial battery energy storage system (BESS) with a capacity of 22 MWh in Szigetszentmiklós. This project aims to enhance grid stability and facilitate the integration of more renewable energy sources....more
Portfolio.hu • February 29, 2024
Hungary's Alteo FY23 profit plunges on energy crisis windfall tax
Alteo reported a significant drop in full-year 2023 after-tax profit to HUF 3.18 billion from HUF 20.68 billion in 2022, primarily due to the normalization of energy prices from crisis highs and the impact of windfall taxes....more
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