# OTP Bank

> OTP Bank is a VC fund in Budapest backing Renewable Energy and Semiconductor. See 11 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Budapest, Hungary
- Total investments: 11
- Last investment: Aug 2026
- Lead investor: 18%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/otp-bank
- X (Twitter): http://twitter.com/otpbank_hu
- Website: http://www.otpbank.hu
- Facebook: http://www.facebook.com/otpbank.hu

OTP Bank is a VC fund in Budapest focused on Renewable Energy and Semiconductor. OTP Bank Plc. provides commercial banking services. The Bank has operations in Hungary, Bulgaria, Slovakia, Romania, Croatia, Serbia, Ukraine, Russia, and Montenegro. It operates through a network of 1,601 branches. Loan Portfolio The Bank's loan portfolio includes corporate loans, retail loans, housing loans, and municipality loans. DepositsThe Bank offers various deposits, including retail deposits, corporate deposits, and municipality deposits. Investment Portfolio The Bank's investment portfolio includes government securities, bonds issued by the National Bank of Hungary; mortgage bonds; Hungarian government discounted Treasury bills; and other securities. Dispositions In September 2008, the company sold its insurance business line. History OTP Bank Plc. was founded in 1949.

## Contacts

5 contacts available for OTP Bank. Shizune tracks 2 team members at OTP Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/otp-bank?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Renewable Energy | 3 | 27% |
| Semiconductor | 2 | 18% |
| Energy | 1 | 9% |
| Retail | 1 | 9% |
| Travel | 1 | 9% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 8 | 73% |
| Post-IPO Debt | 1 | 9% |
| Private Equity | 1 | 9% |
| Corporate Round | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Hungary | 3 | 27% |
| Serbia | 2 | 18% |
| Israel | 1 | 9% |
| Croatia | 1 | 9% |
| Romania | 1 | 9% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Wolf László | Deputy Chief Executive Officer Commercial Banking Division | 0 | — |
| Zoard Gazmar | Head Of Compliance | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Econergy Renewable Energy | Econergy to create, own, and manage utility-scale renewable energy projects, guided by in-depth knowledge of the industry, regulations, and technology at each crucial stage, from creation to supply | $264.9M | Post-IPO Debt | Aug 14, 2026 |  |
| Ueno | Ueno is the digital banking that provides financial services to entrepreneurs. Ueno is headquartered in Central Bank of Paraguay. | $17M | Corporate Round | Jul 31, 2026 |  |
| Faedra Group | Faedra Group is a real estate development company offering design, construction, and sales of industrial, housing, and retail facilities. |  | Debt Financing | Apr 22, 2026 |  |
| Elixir Group | Elixir Group is a business system that is continuously developing in the field of chemical industry and agribusiness. | $352.9M | Debt Financing | Dec 22, 2025 |  |
| Renalfa | Renalfa is a clean energy investment group with focus in renewable energy and e-mobility. | $370.3M | Debt Financing | Jul 24, 2025 |  |
| Studenac | Studenac operates as a retail chains with more than 360 stores and supermarkets. The company currently employs more than 2500 employees of various professions, including sales outlets and the Company's management. | $354.2M | Debt Financing | Jul 01, 2025 |  |
| First Looks Solutions | First Looks Solutions | $312.5M | Debt Financing | Jun 13, 2024 |  |
| BIG Mega Renewable Energy | BIG Mega Renewable Energy is to establish a growing and rising renewable energy firm based on professional management infrastructure, resulting in commercial and financial growth according with the company's goal. | $49.4M | Debt Financing | May 07, 2024 |  |
| Elektrodistribucija Srbije doo Belgrade | Elektrodistribucija Srbije doo Belgrade is a Serbian Public Electric Utility Company. | $53.5M | Debt Financing | May 29, 2023 |  |
| Carmistin International | Carmistin International specializes in fodder and agriculture, poultry, and animal husbandry. | $184.1M | Debt Financing | Jan 09, 2023 |  |

10 of 11 investments shown.

## Co-investors
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 4 deals together
- Nova Ljubljanska Banka — VC Fund, 3 deals together
- [UniCredit](https://shizune.co/investors/profile/unicredit) — VC Fund, 3 deals together
- [Black Sea Trade & Development Bank](https://shizune.co/investors/profile/black-sea-trade-development-bank) — VC Fund, 2 deals together
- [EximBank](https://shizune.co/investors/profile/eximbank) — VC Fund, 2 deals together
- [Intesa Sanpaolo](https://shizune.co/investors/profile/intesa-sanpaolo) — VC Fund, 2 deals together

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## FAQ

### What does OTP Bank invest in?

OTP Bank invests primarily in Renewable Energy, Semiconductor and Energy startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 11 investments tracked by Shizune back companies in Hungary. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact OTP Bank?

Public channels for OTP Bank include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at OTP Bank?

The team at OTP Bank includes Wolf László (Deputy Chief Executive Officer Commercial Banking Division) and Zoard Gazmar (Head Of Compliance). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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