News Updates



ALTEO launches its first solar power plant built by the company

ALTEO Group has commenced operations for the company’s first solar power plant in Monor. The company has acquired the rights of ownership for the plant through the acquisition of two photovoltaic project companies back in November 2017.

Notice of change in corporate structure

Please be informed that in order to simplify the ownership structure of the ALTEO Group, certain assets of Sinergy Kft. will come under the ownership of ALTEO Nyrt. as of 1 October 2018.

ALTEO in Budapest Stock Exchange’s Premium category

Starting today, ALTEO’s shares – previously in the Standard category – are trading in the highest, Premium category of the Budapest Stock Exchange. As the symbolic certification of the reclassification, trading on 12th September was opened by Attila Chikán jr., CEO of ALTEO, with the bell of the stock exchange.

ALTEO expands its photovoltaic power plant portfolio

ALTEO Group integrates a new photovoltaic power plant to its portfolio in the near future.

ALTEO signed the contract on buying Zugló-Therm’s majority shareholding

The natural gas service provider of Nemzeti Közművek and ALTEO Group have signed the sales contract for the majority shares of Zugló-Therm power plant. Following the fulfillment of the terms recorded in the contract, Sinergy - member of ALTEO Group - will be the sole owner of Zugló-Therm.



After acquisition, alteo increase its portfolio with photovoltaic power plant

At the beginning of December 2017, ALTEO Group closed the deal of acquiring Domaszék 2MW Kft. to become the owner of nearly 2 megawatt photovoltaic power plants at Domaszék near Szeged - the first operating solar unit in the ALTEO Group’s power plant portfolio.

Alteo’s sustainability report wins Deloitte’s Green Frog Award

ALTEO had compiled a comprehensive Sustainability Report for the first time this year, which won the first place in the best first report category of Deloitte Hungary's Green Frog Award.

ALTEO divides its shares by one to eight

ALTEO Group's parent company, ALTEO Plc., held an extraordinary General Meeting on November 8 2017, on which the shareholders decided to divide the company’s share by one to eight without any changes in the capital funds.