Beyond long-term projects, symptomatic treatment is sometimes vital in ALTEO’s approach The Szimbiózis Foundation wins a tender to alleviate energy poverty

Runaway energy prices have created unexpected difficulties for civil society actors. For example, the Szimbiózis Foundation, which helps adults with disabilities and severe disabilities to live as independently as possible, has incurred over HUF 74 million in extra costs due to the surge in overheads and fuel prices.

The unsustainability of the situation is illustrated by the fact that several organisations operating residential homes in Miskolc, among others, have been forced to switch to wood-burning. To do this, they produced part of the firewood they needed from the Baráthegyi Majorság, which they also run, and were able to make up for this with Alteo’s financial support, which enabled them to buy an additional 100 cubic metres of firewood.

“As a responsible, ESG-certified company, ALTEO feels obliged to help alleviate the symptoms where it is difficult to eliminate the problem in the short term, in addition to long-term energy efficiency projects,” said Anita Simon, Deputy CEO for Sustainability and Circular Economy of the company, which is listed in the premium category of the Budapest Stock Exchange.

“The humanity, acceptance and community spirit at the foundation is exemplary,” said Anita Simon. She added that it was particularly gratifying to be able to help in this difficult situation, as energy poverty has serious consequences, from health risks to social isolation and environmental damage.

To find out more about the work of the Szimbiózis Foundation, visit, where you can also find information on how to support the organisation.