Alteo plans expansion in Central Europe and the Balkans

Green Forum
Hungarian energy firm Alteo plans to expand its presence in Central Europe and the Balkans, aiming to significantly grow its renewable energy portfolio.  

As part of its updated strategy, Alteo is exploring market opportunities in 10 countries near Hungary. While Croatia, Slovakia, and Serbia will be its primary focus, the company also has its sights set on Czechia, 

Poland, Romania, and other Balkan nations for the long term. The goal is to develop a green energy portfolio with a capacity of 1,500-2,000 megawatts (MW) by 2030.

“Our vision is to become a regional leader in sustainability by 2030, exporting cutting-edge solutions for energy production and the circular economy,” said CEO Attila Chikán Jr.

The revised strategy will continue to prioritize energy management, renewable energy expansion, and leveraging synergies within its ownership structure for maintenance and operations. Hungarian oil company MOL is one of Alteo's largest shareholders.

 

 

 

 

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Green Forum  |  1 April, 2025 at 11:00 PM
Green Forum  |  1 April, 2025 at 9:00 PM