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Hellenic Republic Asset Development Fund

Greece Plans Athens International Airport IPO in February

Greece plans an initial public offering (IPO) of Athens International Airport, the country's biggest, on the Athens Stock Exchange in February, Reuters reports, citing two unnamed sources. Draft legislation tabled in Parliament at the beginning of January paves the way...

Greece to Offer Lease of Mykonos, Rhodes Marinas

Greece announced on Wednesday that it would be announcing tenders for the long-term lease of marinas on the islands of Mykonos and Rhodes. The Hellenic Republic Asset Development Fund (HRADF), also known as TAIPED, is expected to launch tenders for...

Government and Institutions Still at Odds Over Energy Market, Official Says

The differences between the government and the institutions over energy market issues remain, an official at the environment and energy ministry said on Friday, after the conclusion of the first part of a teleconference that began at 2:30 p.m....

Cosco Plans More Investments in Piraeus as It Gets Port Control

"We will continue the investments in Piraeus port" said Cosco's general director Wan Min on Wednesday at the opening of Athens Stock Exchange (ASE) session on the occasion of the transfer of 51 percent of Piraeus Port Authority (OLP)...

Greece to Open Offers for Piraeus Port on Tuesday

Greek authorities will open financial offers submitted in a tender to buy 67% of Piraeus Port Organization on Tuesday, a process characterized as the country's biggest challenge so far in its drive to put Greece again on the map of international...

Greece is Selling 2 State-Owned Prime Properties in New York and Washington DC

Greece is selling two state-owned prime real estate properties in New York City and Washington DC as part of a privatization program required by the third bailout agreement, according to mignatiou.com. The Press and Information Office in New York City...

Greek Anarchist Group Allegedly Breaks Into TAIPED Offices

A group of people, who are allegedly members of the "Rouvikonas" Greek anarchist group, broke into the offices of the Hellenic Republic Asset Development Fund (TAIPED) on Monday morning. An online post on the Greek website indymedia.gr, which claims to have...

SYRIZA to Freeze Privatizations

The Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis is currently promoting a bill that would invalidate the privatization of DEI (Public Power Corporation of Greece) and the sale of ELPE (Hellenic Petroleum). Specifically, the bill is: Canceling the law on...

Technical Chamber of Greece: True Value of 'Elliniko' Is 3 Billion Euros

Elliniko was sold for a whopping three times less than its true value, according to a report published by the Technical Chamber of Greece (TEE) at a special open event. The value of the 6,200 acres of the former Athens...

14 Regional Greek Airports to Be Privatized

Fourteen regional airports in Greece are expected to pass to private companies in the next two months, according to the Hellenic Republic Asset Development Fund (HRADF) schedule. The transfer of management from the state to private owners will have a...