ALTEO Group
ALTEO Group's Overview
Alteo Group is a Hungarian-owned energy services and trading company, dynamically growing its portfolio in renewable and conventional energy generation, energy wholesale, and tailored energy solutions for corporate clients. With a strong focus on sustainability and innovation, Alteo operates diverse power plants (including wind, solar, hydro, geothermal, and gas engine facilities) and is actively involved in e-mobility infrastructure development and energy efficiency projects. The company aims to be a key player in the regional energy transition towards a more sustainable future.
Where is ALTEO Group's Headquarters?
HQ Function
Central hub for Alteo Group's strategic decision-making, financial operations, corporate governance, and overall management of its diverse energy portfolio, including renewable and conventional generation, energy trading, and innovative energy services.
Notable Features:
Modern office building in Budapest's 3rd district, designed to facilitate collaboration and efficiency. Likely incorporates energy-efficient systems reflecting Alteo's commitment to sustainability and providing a contemporary work environment.
Work Culture:
A dynamic, innovative, and sustainability-focused professional environment. Fosters collaboration among experts in energy markets, engineering, finance, and project development. Strong emphasis on contributing to Hungary's energy transition and regional energy security.
HQ Significance:
Serves as the nerve center for Alteo's operations across Hungary and its strategic initiatives in the Central and Eastern European (CEE) region. Pivotal for coordinating investments in new energy technologies, managing a complex energy trading environment, and engaging with stakeholders.
Values Reflected in HQ: The headquarters likely embodies Alteo's core values of innovation, operational excellence, sustainability, transparency (as a publicly listed company), and a collaborative approach to developing future-proof energy solutions.
Location:
Alteo Group's primary operational footprint is in Hungary, where it is a significant contributor to the national energy market. Its international engagement is mainly through energy trading activities that span across Central and Eastern Europe (CEE) and Southeast Europe (SEE). The company actively participates in regional energy markets, evaluating cross-border opportunities for partnerships and investments, particularly in the renewable energy sector, to support its growth strategy.
Street Address:
Montevideo u. 8.
City:
Budapest
State/Province:
Country:
Hungary
ALTEO Group's Global Presence
Gibárt, Hungary
Address: Kossuth Lajos út 1, Gibárt, 3850 Hungary (Operational Site)
Utilizes the Hernád river's hydro potential for clean energy production in Northeastern Hungary, supporting grid stability and renewable energy targets.
Monor, Hungary
Address: Operational site near Monor, Pest County, Hungary (Solar Park)
Harnesses solar energy in the Central Hungarian region to provide clean electricity, supporting national renewable energy goals and reducing carbon footprint.
Various locations in Hungary
Address: Multiple operational sites including wind farms, gas engine power plants, and industrial energy service centers.
To efficiently manage and operate a diverse portfolio of energy assets across Hungary, ensuring reliable energy supply and tailored services to local industries.
Buying Intent Signals for ALTEO Group
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Executive Team of ALTEO Group
As of April 2025, ALTEO Group' leadership includes:
Investors of ALTEO Group
ALTEO Group has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
In the past 12 months, Alteo Group's executive news featured key board member re-elections and strategic director-level appointments aimed at strengthening its business development capabilities. No major C-suite departures or external hires were prominently announced during this period.
New Appointments:
Technology (Tech Stack) used by ALTEO Group
Discover the tools ALTEO Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
ALTEO Group Email Formats and Examples
Alteo Group commonly uses a standard corporate email format combining employee names with their official domain, alteo.hu. The most frequently observed pattern is firstname.lastname@alteo.hu.
firstname.lastname@alteo.hu
Format
peter.kovacs@alteo.hu
Example
90%
Success rate
News and media
Budapest Business Journal • May 15, 2024
Alteo Group Reports HUF 3.2 bln Q1 Profit
Alteo Group, a Hungarian energy company, announced a Q1 2024 after-tax profit of HUF 3.2 billion, a decrease from HUF 7.2 billion in the same period last year. Revenue also saw a decline to HUF 20.2 billion from HUF 35.2 billion, attributed by the company to lower market energy prices and reduced market volatility....more
Alteo Group Official Website • February 29, 2024
ALTEO closed its most successful year to date and prepares for further growth
Alteo Group reported record revenues and profits for the 2023 fiscal year, attributing the success to favorable market conditions and strategic investments. The company outlined plans for continued expansion, particularly in renewable energy generation and energy services, aiming to build on its strong performance....more
Alteo Group Official Website • November 13, 2023
ALTEO’s shares admitted to the BUX basket and the MSCI Hungary IMI Index
Alteo Group announced that its shares have been included in the BUX basket, the primary index of the Budapest Stock Exchange, as well as the MSCI Hungary IMI (Investable Market Index). This development is expected to enhance the stock's visibility and attract broader investor interest....more
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