ALTEO Plc. is a Hungarian-owned energy service provider and trader, established in 2008. The scope of business covers renewable and natural gas energy production, trade, customized services and developments for companies (in various sectors). As a trader, its partners include SMEs as well as large corporations. Its optimal asset mix and virtual power plants enable to serve the needs of its clients and partners effectively.
Between 2016 and 2010, ALTEO has more than doubled its sales, while EBITDA has grown six-fold. Its shares are listed on the Budapest Stock Exchange since 2010. In 2016, ALTEO completed a successful public offering, quadrupling the free float of the shares, which has ensured the dynamic growth potential of the company. ALTEO is a forward-thinking player that is responsive to new investment opportunities and developments.