Energott AG commenced operations in Austria in 2021, but our corporate group has decades of history. Our predecessor, the Energott Group, started its activities in Hungary in 1994 and became a recognized player in the energy services sector, including district heating, water and sewage services, combustion technology for municipal utilities, as well as electricity and steam production. By the mid-2000s, our continuously expanding corporate group had grown into a significant energy service provider, fulfilling essential energy-related tasks in 16 major cities and smaller municipalities across Hungary under concession agreements.
Today, the primary activities of Energott AG include asset management, the operation of proprietary power plants, and the leasing and utilization of energy production assets and industrial properties. Additionally, our corporate group is involved in energy trading, real estate development, tourism investments, and construction services, primarily in Hungary, Austria, and Romania.
In 2024, the Energott Group expanded further, now comprising 15 business entities: 6 in Austria, 8 in Hungary, and 1 in Romania. Detailed information on our corporate structure can be found on our Organigram page. The dynamic changes in the energy market and the rise of alternative energy sources present new challenges and opportunities. Energott AG aims to leverage its 30 years of experience and the synergies of its market presence across three neighboring countries to provide sustainable and innovative solutions to these challenges and actively shape the future of the energy sector.
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