The Hellenic Republic Asset Development Fund (HRADF; , ΤΑΙΠΕΔ) is a Greek
state-owned
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...
asset management company
An asset management company is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more dive ...
that controls a number of state owned enterprises. It is a direct subsidiary of the Hellenic Corporation of Assets and Participations.
HRADF exploits the assets of
Greece
Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...
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).
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
Chios (; , traditionally known as Scio in English) is the fifth largest Greece, Greek list of islands of Greece, island, situated in the northern Aegean Sea, and the List of islands in the Mediterranean#By area, tenth largest island in the Medi ...
and
Pylos
Pylos (, ; ), historically also known as Navarino, is a town and a former Communities and Municipalities of Greece, municipality in Messenia, Peloponnese (region), Peloponnese, Greece. Since the 2011 local government reform, it has been part of ...
*
Athens International Airport (government retains 25%; privatisation of 30% stake held by the ''Hellenic Republic Asset Development Fund'' is in progress)
*
Schinias Olympic Rowing and Canoeing Centre
*
Markopoulo Olympic Equestrian Centre
*
Galatsi Olympic Hall
* South Kavala Natural Gas Storage
Corporate
*
Hellenic Petroleum (35.5%)
*
Hellenic Post
The Hellenic Post S.A. (, abbreviated ΕΛΤΑ, ELTA) is the state-owned provider of postal services in Greece. It succeeded the former government Postal Service, founded in 1828. ELTA provides a universal postal service to all parts of Greece ...
*
Public Gas Corporation
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)
* Marinas of
Alimos (concession of 40 years awarded to
Ellaktor
*
Ellinikon airport (see also
Hellenikon Metropolitan Park)
*
DEPA Infrastructure
*
Modiano Market
References
*
{{authority control
*
Privatization funds
Government-owned companies of Greece
Investment promotion agencies
Financial services companies established in 2011
2011 establishments in Greece
Greek government-debt crisis
Asset management companies