Hellenic Republic Asset Development Fund
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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