Energy
As part of its strategic goals, OPUS GLOBAL Plc. has established a diversified energy portfolio since 2019, which has enabled it to become a key player in the Hungarian energy market. The company is a major shareholder in the two largest energy companies in Eastern Hungary: OPUS TIGÁZ Ltd. and OPUS TITÁSZ Ltd. Thanks to these acquisitions, two long-standing companies with extensive expertise have joined the OPUS Group – both with significant geographical overlap in their operational areas. Today, the OPUS Group’s energy portfolio is one of the largest energy service providers in Hungary in terms of geographical coverage, servicing approximately 40% of the country. By the end of 2024, the Energy segment accounted for 43% of the OPUS Group’s consolidated total assets and 31% of its revenue, making it the most valuable segment within the Group in terms of asset weight.
Balázs Torda graduated as an electric engineer at the faculty of electricity in the Budapesti Műszaki Egyetem. He started his career in Tatabánya in the field of electricity supply, then worked as an operative executive, which founded the performance of the coming strategic management tasks. Subsequent to the privatisation of Hungarian energy companies, he led comprehensive integration and transformation projects in the Hungarian subsidiaries of E.ON, in a multinational environment, improving the quality and efficiency of energy supply. He had a determinant role in the technological modernisation of the energy network of the Group, and
the renovation of operational processes. In the last period of his time in E.ON, he worked as a regional executive in E.ON Észak-Dunántúli Áramhálózati Ltd. until 2019, supporting with 700
employees the rapid development of the region’s economy with the supply of reliable electric energy.
Since 2019, he continued his activity as the managing director of Roneko Kft., an electricity construction company.
In September 2020, with a 35-year energy service experience and a more than 30-year executive experience, he joined TIGÁZ as a general Deputy Chief Executive Officer. Besides the execution of the change of ownership, he was in charge of the professional management of the project preparing the acquisition of E.ON Tiszántúli Áramhálózati Ltd.
On 1 April 2021 he took over the management of OPUS TIGÁZ as CEO, and on 1 September 2021 he became CEO of OPUS TITÁSZ Ltd. Besides the successful completion of acquisition projects, he also holds the position of Head of the Energy Division as a member of the Board of Directors of OPUS GLOBAL Plc.
OPUS TIGÁZ Ltd.
OPUS TIGÁZ Ltd. operates as a distribution licensee in the northeastern region of Hungary, serving 1.28 million customers across seven counties. The primary purpose of its natural gas distribution activity is to deliver natural gas from the gas network’s supply points to the boundaries of the consumers’ properties. OPUS TIGÁZ is the largest natural gas distributor in Hungary in terms of its service area, operating more than 34,000 kilometres of pipeline network. The company serves a total of 1,108 municipalities. The natural gas distribution segment also includes two other companies – TURULGÁZ Ltd. and GERECSEGÁZ Ltd. – which became fully owned subsidiaries of OPUS TIGÁZ following share transfer transactions. These two companies together own a total of 374 kilometres of gas pipelines in the northwestern part of Hungary.
OPUS TITÁSZ Ltd.
OPUS TITÁSZ Ltd. carries out electricity distribution activities, which include the transportation and distribution of electrical energy, as well as the design, construction, operation, maintenance, renovation, and development of high-voltage power lines, transformers, and switching equipment. OPUS TITÁSZ provides electricity distribution services in six counties, primarily covering Hajdú-Bihar, Szabolcs-Szatmár-Bereg, and Jász-Nagykun-Szolnok counties, with smaller coverage in Bács-Kiskun, Békés, and Pest counties. The company operates an electricity distribution network spanning 18,728 square kilometres, with a total length of 26,177 kilometres. It ensures uninterrupted electricity supply to nearly 400 municipalities and 786,000 homes and workplaces within its service area.
OPTESZ OPUS Ltd.
OPTESZ OPUS Ltd. provides a variety of support services for the Energy segment of OPUS Group. These services include economic, human resources management, IT, legal, procurement, warehousing, logistics, real estate management, and business support. Additionally, the company handles customer service, billing, customer account management, as well as meter reading and disconnection tasks. OPTESZ OPUS Ltd. was established in 2023 with the goal of maximizing long-term synergy effects between its indirectly owned subsidiaries, OPUS TIGÁZ Ltd. and OPUS TITÁSZ Ltd., eliminating redundancies, and facilitating a rational and cost-effective operation to enhance the performance of these companies.
OPUS E-LINE Ltd.
OPUS E-LINE Ltd. was established in 2023 with the primary purpose of participating in domestic electricity network investments, particularly based on orders from OPUS TITÁSZ Ltd. The company specializes in carrying out design, construction, and installation activities associated with the electricity network infrastructure.
Other portfolios
Asset management
Building and construction
