HELBIO is a high-tech Company which initiated its activities in 2003, with expertise in the areas of catalysis, reaction engineering and process design. The company was founded as a spin-off of the University of Patras, targeting the exploitation and commercialization of innovative processes and reformation technologies which had been developed at the University of Patras.
The primary objectives of the company included the development of Hydrogen Generator demonstration unit and also the early development of Auxiliary Power Units (APU) and CHP systems. In September 2007, Morphic Group (Sweden) became the major shareholder, acquiring 55% of the total shares. Nowadays, the shareholder of the company is Metacon AB (Sweden) owning 100% of the shares.