Alteo Nyrt (ALTEO)

Overview

ALTEO Energy Services Public Limited Company, based in Budapest, Hungary, is a dynamic entity in the energy sector, focusing on the generation and sale of electricity and heat. Since its foundation in 2008, the company has evolved from its original name, ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag, adopting its current name in June 2021. ALTEO operates across a wide spectrum of activities in the energy field, including renewable energy production, energy trade, waste management, and energy services. The company's vast range of offerings demonstrates its commitment to sustainability, innovative energy solutions, and environmental consciousness.

Products and Services

• Retail Energy Trade:

  ALTEO engages in the retail trade of electricity and gas, catering to the energy needs of its customers with efficient supply and competitive pricing. This segment forms a crucial part of its efforts to ensure energy accessibility and reliability.

• Renewables-based Energy Production:

  The company is deeply invested in generating energy from renewable sources, including solar, wind, and hydropower plants, as well as biogas facilities. This commitment to renewable energy underscores ALTEO's role in promoting sustainability and reducing environmental impact.

• Heat and Electricity Production and Management:

  ALTEO's operations in this area include the production and management of heat and electricity, ensuring stability and efficiency in energy supply. This also encompasses the operation and maintenance of energy-generating assets and overseeing construction-installation activities.

• Waste Management:

  Comprehensive waste management services, including the collection, recovery, and sale of organic and inorganic waste, are key offerings. This service aligns with the company’s environmental goals by promoting recycling and responsible waste disposal.

• Energy Services:

  This broad category includes ancillary services, renewable production management, and consultancy services, offering an integrated suite of solutions to manage energy production, distribution, and optimization processes efficiently.

• Other services:

  ALTEO also provides a range of secondary services that supplement its primary energy and waste management offerings. These include the treatment and disposal of non-hazardous waste, desalinated water production, and e-mobility services, along with wholesale of waste and scrap and recycling services. These additional services expand ALTEO's portfolio, making it a holistic provider in the environmental and energy sectors.