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ALTEO Concludes the Acquisition of Two Companies

Mar 17, 2023

The Hungarian energy company ALTEO has acquired shares embodying 100% of the share capital of the energetics company Energikum. Energikum holds the stake embodying 99% of the issued capital of Energigas Ltd., which owns a biogas plant in Nagykőrös, SE of Budapest. ALTEO is currently the 1% minority shareholder of Energigas. ALTEO also operates the […]

Successful Year for Alteo Plc. in 2022

Feb 17, 2023

Energy services provider and trader Alteo Group achieved a net profit of HUF 12.9 billion in 2022, an increase of 120% compared to 2021, the company said on Friday. Alteo has been successful despite the challenges in the energy market, turning difficulties to its advantage with a strategy based on sustainability and renewable energy, the […]

Alteo's Revenue and Profit Up Significantly

Nov 14, 2022

Alteo Group, active in the energy sector, achieved consolidated revenues of HUF 62.7 billion in the first three quarters of this year, up 116 % compared to the same period last year, while its profit after tax increased by 128 % to HUF 11.2 billion in the same period, the energy services and trading company […]

AutoWallis, ALTEO and Opel Support Spread of E-Mobility

Nov 10, 2022

Owners of electric Opel vehicles will be able to buy not only vehicle chargers but will also receive access to sustainable energy solutions: thanks to the coordination of e-mobility-related services between the AutoWallis Group and ALTEO, owners of electric Opel vehicles will be offered a complex solution that ensures reliable and cheaper electric vehicle use. […]

ALTEO and AutoWallis Coordinate E-mobility Services

Jul 7, 2021

ALTEO and AutoWallis have signed a strategic cooperation agreement to coordinate their e-mobility services in the future. The agreement between the two companiesis based on their commitment to sustainable and transparent operations and the transition to a green economy. The agreement also covers the sale of innovative energy solutions for charging e-cars. The cooperation agreement […]

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