Hellenic Republic Asset Development Fund

Hellenic Republic Asset Development Fund S.A.
Native name	Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.
Company type	Anonymi Etairia
Industry	Asset management
Founded	2011
Headquarters	Athens, Greece
Area served	Greece
Key people	Stergios Pitsiorlas (chairman); Dimitris Politis (CEO)
Revenue	€9 billion (2021)
Total assets	€20 billion (2021)
Owner	ΕΕΣΥΠ100%
Number of employees	20,000 (2021)
Website	www.hradf.com

The Hellenic Republic Asset Development Fund (HRADF; Greek: Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου ΤΑΙΠΕΔ) is a Greek state-owned asset management company that controls a number of state owned enterprises. It is a direct subsidiary of the Hellenic Corporation of Assets and Participations.^[3]^[4] HRADF exploits the assets of Greece that have been assigned to it and manages the implementation of the privatization program in Greece, specifically, the implementation of the Asset Development Plan "ADP."^[5]

Portfolio

Infrastructure

Public Power Corporation S.A. (government retains 34.12% owned by Greek government)
Piraeus Port Authority (government retains 7.14%)
Thessaloniki Port Authority (government retains 7.27%)
Marinas of Hydra, Poros and Epidavros
Marinas of Chios and Pylos
Athens International Airport (government retains 25%; privatisation of 30% stake held by the Hellenic Republic Asset Development Fund is in progress)^[6]
Schinias Olympic Rowing and Canoeing Centre
Markopoulo Olympic Equestrian Centre
Galatsi Olympic Hall
South Kavala Natural Gas Storage

Corporate

Land development

Boutique Hotels
Kassandra Golf (Kassandra)
Peace and Friendship Stadium

Privatisations

Egnatia Odos S.A., the operator of the A2 motorway
TrainOSE
ROSCO (railway maintenance company)^[10]
Marinas of Alimos (concession of 40 years awarded to Ellaktor^[11]
Ellinikon airport (see also Hellenikon Metropolitan Park^[12])
DEPA Infrastructure
Modiano Market

References

^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.
^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.
^ "Trainose and OLTH projects to end in 2016". ekathimerini.com. 10 April 2016. Retrieved 14 April 2016.
^ "Direct Subsidiaries | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.
^ "The Hellenic Republic Asset Development Fund | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.
^ "TAIPED-owned 30% Stake in Athens Airport up for Sale". 12 September 2019.
^ "Elpe – Shareholders Structure". Helpe.gr. 2014-12-31. Retrieved 2016-02-26.
^ "Προχωρά άμεσα η πώληση των ΕΛΤΑ απο το ΤΑΙΠΕΔ". Dikaiologitika.gr. 2014-11-04. Retrieved 2016-02-26.
^ "Δημόσια Επιχείρηση Αερίου Α.Ε. – Η ΕΤΑΙΡEΙΑ – Δομή Ομίλου". Depa.gr. Archived from the original on 2016-10-01. Retrieved 2016-02-26.
^ "Completion of the EESSTY SA sale to TRAINOSE SA". Archived from the original on 2021-04-24. Retrieved 2022-01-03.
^ "Greece's Alimos Marina Concession a Done Deal". 31 December 2020.
^ "Minister: Hellinikon Casino, Hotels, Skyscrapers Ready for Construction". 16 June 2020.

"Vision | Hellenic Republic Asset Development Fund". Hradf.com. Archived from the original on 2016-03-13. Retrieved 2016-02-26.

[1] "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.

[2] "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.

[OLTH_Trainose-3] "Trainose and OLTH projects to end in 2016". ekathimerini.com. 10 April 2016. Retrieved 14 April 2016.

[4] "Direct Subsidiaries | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.

[5] "The Hellenic Republic Asset Development Fund | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.

[6] "TAIPED-owned 30% Stake in Athens Airport up for Sale". 12 September 2019.

[7] "Elpe – Shareholders Structure". Helpe.gr. 2014-12-31. Retrieved 2016-02-26.

[8] "Προχωρά άμεσα η πώληση των ΕΛΤΑ απο το ΤΑΙΠΕΔ". Dikaiologitika.gr. 2014-11-04. Retrieved 2016-02-26.

[9] "Δημόσια Επιχείρηση Αερίου Α.Ε. – Η ΕΤΑΙΡEΙΑ – Δομή Ομίλου". Depa.gr. Archived from the original on 2016-10-01. Retrieved 2016-02-26.

[10] "Completion of the EESSTY SA sale to TRAINOSE SA". Archived from the original on 2021-04-24. Retrieved 2022-01-03.

[11] "Greece's Alimos Marina Concession a Done Deal". 31 December 2020.

[12] "Minister: Hellinikon Casino, Hotels, Skyscrapers Ready for Construction". 16 June 2020.

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