SZÉPHŐ Zrt.

What SZÉPHŐ Zrt. does

SZÉPHŐ Zrt. (legal name: Széphő Székesfehérvári Épületfenntartó és Hőszolgáltató Zrt.) is a 100% municipally-owned utility headquartered at Honvéd u. 1, Székesfehérvár, Hungary, operating two integrated service lines: district heating (távhőszolgáltatás) and residential building management (társasházkezelés). The company is the legal successor to the Székesfehérvári Ingatlankezelő Vállalat (IKV), founded in 1949, and has operated the district heating network since January 1, 1967; it took its current Zrt. corporate form on January 1, 1993, and is wholly owned by the Székesfehérvár Megyei Jogú Város Önkormányzata (Székesfehérvár City Municipality).

On the district heating side, SZÉPHŐ produces heat at the Bakony Street facility using two 20MW natural gas boilers and distributes it via a hot water pipeline network (up to 105°C, max 16 bar) through four distinct district heating systems to building-level heat substations that serve approximately 22,000 households and roughly 1,000 other consumers — about half of the city's population. Heat substations are remotely monitored 24 hours a day with automatic regulation based on outdoor temperature. The Bakony Street site also houses a membrane contactor water treatment system and RO desalination plant that produce softened boiler feedwater and demineralized water, some of which is sold commercially. The building management division administers 174 apartment associations covering 5,295 apartments and approximately 286 non-residential units, providing legal representation, accounting, maintenance coordination, debt collection, and a 24/7 dispatch service.

Revenue is generated through regulated, recurring monthly charges: a base fee (alapdíj) on cubic meter building volume plus a consumption-based heat fee (hődíj) measured at substations for district heating, fixed management fees for apartment associations, transaction-based fees for external water sales (20 Ft + VAT per liter, 100-liter minimum), and rental income from owned office, event, and industrial properties. Customer interaction is delivered through a physical customer service office, a phone line, two web portals (ugyfelszolgalat.szepho.hu and tarsashazam.hu), email, and SimplePay/Díjnet-integrated electronic billing. Leadership comprises CEO Szauter Ákos, Finance Director Sebestyén Györgyi, Legal and Operations Director dr. Vajda Ádám, District Heating Director Vörös István, and Building Management Department Head Hegedűs Sándor.

Name

SZÉPHŐ Zrt.

Legal name

Széphő Székesfehérvári Épületfenntartó és Hőszolgáltató Zrt.

Website

https://szepho.hu

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

1–10 employees

Short description

SZÉPHŐ Zrt. is a 100% municipally-owned Hungarian utility providing district heating to ~22,000 households and building management to 174 apartment associations (5,295 apartments) in Székesfehérvár, generating over HUF 5 billion in annual revenue.

Ownership category

akta.pro rank

Headquarters

HQ city

Székesfehérvár

HQ country

Hungary

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. District Heating Service: Monthly base fee (alapdíj) charged based on cubic meter volume of building space, plus heat fee (hődíj) for actual consumption measured at heat substations. Revenue from approximately 22,000 households and 1,000 other consumers in Székesfehérvár. Annual revenue exceeds HUF 5 billion.
2. Apartment Building Management: Comprehensive apartment association management services including administration, bookkeeping, legal representation, technical maintenance, debt collection, and insurance supervision for 174 buildings with 5,295 apartments
3. Treated Water Sales: Sale of desalinated water and boiler feedwater to external customers at 20 Ft + VAT per liter with minimum 100 liters per transaction
4. Property Rental: Rental income from company's own properties including office spaces at Honvéd u. 1, event venue (Lévai András terem), and industrial properties

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

SZÉPHŐ Zrt. provides district heating (távhőszolgáltatás) to approximately 22,000 households and 1,000 other consumers in Székesfehérvár via four centralized heat production and pipeline distribution systems, with heat delivered through remotely-monitored building heat substations for space heating and domestic hot water. The company also manages 174 apartment associations covering 5,295 apartments and approximately 286 non-residential units, providing full-service administration, bookkeeping, legal representation, technical maintenance, debt collection, and 24/7 emergency dispatch.

Product overview

SZÉPHŐ Zrt. is a 100% municipally-owned utility company operating two core business lines: district heating (távhőszolgáltatás) serving approximately 22,000 households and 1,000 other consumers across Székesfehérvár, and residential building management (társasházkezelés) covering 174 communities with ~5,295 apartments. These are supported by digital customer-facing channels — the Online Ügyfélszolgálati Rendszer portal for individual consumers and building managers, and the Társasházi Portál for residential community administration — as well as a 24/7 Dispatch Service. Secondary offerings include demineralized water sales for heating system maintenance and commercial property rentals. The service portfolio is delivered primarily through its own infrastructure (Bakony Street and Király sor facilities) and an online portal ecosystem, without a modular software platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Távhőszolgáltatás (District Heating Service)
• Társasházkezelés (Apartment Building Management)
• Online Ügyfélszolgálati Rendszer (Online Customer Service Portal)
• Társasházi Portál (Residential Community Portal)
• Diszpécserszolgálat (Dispatch Service)
• Sótalanított víz értékesítés (Demineralized Water Sales)
• Ingatlanok bérbeadása (Property Rental)

Quantifiable outcome

• Serves approximately 22,000 households (50,000 people) representing half of Székesfehérvár's population
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• E-ON HungáriacoreTechnology or IntegrationEnergy supply partner providing electricity for district heating operations. E-ON power outages can affect hot water supply to certain buildings (e.g., Gyümölcs utca 24, Károly János utca 37 and 45).
• Fejérvíz Zrt.coreTechnology or IntegrationWater utility partner providing water supply and potentially remote reading services for hot water meters with radio modules installed on meters.
• Székesfehérvár City GovernmentcoreStrategic or Co-development Partner100% municipal ownership. City government provides regulatory oversight, sets local heating regulations (start date October 15, end date April 15), and oversees company operations.
• Székesfehérvár VárosgondnokságminorStrategic or Co-development PartnerMunicipal property management organization collaborating on city infrastructure and property matters.
• K&H BankminorOthersBanking partner for direct deposits at Dózsa György út 5. branch. One of several banks used for customer payments.
• Raiffeisen BankminorOthersBanking partner for customer payments. Account number: 12001008-01580400-00100009 for bank transfers.
• UniCredit BankminorOthersBanking partner for customer payments. Account number: 10918001-00000036-72480008.
• OTP BankminorOthersBanking partner for customer payments, listed among partner banks on website.
• MBH BankminorOthersBanking partner for customer payments, listed among partner banks on website.
• VodafoneminorOthersTelecommunications partner listed on partner page.
• DIGIminorOthersTelecommunications partner listed on partner page.
• NFP Nemzeti Fejlesztési Programiroda Nonprofit Kft.coreStrategic or Co-development PartnerConsortium leader for KEHOP energy efficiency projects. SZÉPHŐ Zrt. is consortium member for district heating modernization projects with 50% EU funding support.
• Építési és Közlekedési MinispektériumcoreStrategic or Co-development PartnerBeneficiary for KEHOP water treatment modernization project with HUF 434.9 million support at 50% rate.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sz%C3%A9ph%C5%91-zrt.

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SZÉPHŐ Zrt.