Hellenic Republic Asset Development Fund

The Hellenic Republic Asset Development Fund S.A. (HRADF; Greek: Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου, Tameio Axiopoiisis Idiotikis Periousias tou Dimosiou) or TAIPED (Greek: ΤΑΙΠΕΔ)[2] is a direct subsidiary of the Hellenic Corporation of Assets and Participations.[3] HRADF exploits the assets of the Greek State that have been assigned to it and manages the implementation of the privatization program in Greece, and in specific, the implementation of the Asset Development Plan "ADP."[4]

Hellenic Republic Asset Development Fund S.A.
Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.

Type	Anonymi Etairia
Industry	Asset management
Founded	2011
Headquarters	Athens , Greece
Key people	Stergios Pitsiorlas (chairman) Antonios Leousis (CEO)
Total assets	€1.222 billion (2014)[1]
Owner	Hellenic Corporation of Assets and Participations
Website	www.hradf.com

Portfolio

Infrastructure

• Public Power Corporation S.A.[5]
• Piraeus Port Authority (majority sold to COSCO, 7.14% owned by HRADF)
• Thessaloniki Port Authority S.A.,[6] which is planned to be privatized in 2016[2]
• Marinas of Alimos, Hydra, Poros and Epidavros
• Marinas of Chios and Pylos
• Athens International Airport[7]
• Schinias Olympic Rowing and Canoeing Centre
• Markopoulo Olympic Equestrian Centre
• Galatsi Olympic Hall
• Athens Water Supply and Sewerage Company[8]
• Thessaloniki Water Supply and Sewerage Company[9]
• Egnatia Odos
• TrainOSE,[10] which is planned to be sold (privatized) in 2016[2][11]
• ROSCO (railway maintenance company), which is planned to be sold (March 2016)[11]
• Hellenic Company for Rolling Stock Maintenance S.A.
• South Kavala Natural Gas Storage

Corporate

• Hellenic Petroleum (35.5%)[12]
• Hellenic Post[13]
• Public Gas Corporation[14]

Land development

• Ellinikon airport[15]
• Boutique Hotels
• Kassandra Golf (Kassandra)
• Peace and Friendship Stadium

Sales/privatizations

In April 2016 HRADF sold 51% of Piraeus Port Authority to China COSCO Shipping Corporation.[16]

HRADF is planning to privatize Thessaloniki Port Authority[2] and the train operator TRAINOSE.[2][11] Also HRADF is planning to sell the railway maintenance company ROSCO (March 2016).[11]

References

1. "Ετήσιες Οικονομικές καταστάσεις χρήσης 01.07.2014 – 31.12.2014 | Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου". Hradf.com (in Greek). 2014-12-31. Archived from the original on 2016-03-04. Retrieved 2016-02-26.
2. "Trainose and OLTH projects to end in 2016". ekathimerini.com. 10 April 2016. Retrieved 14 April 2016.
3. "Direct Subsidiaries | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.
4. "The Hellenic Republic Asset Development Fund | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.
5. "PPC's Shareholding Structure | PPC S.A". Dei.gr. Retrieved 2016-02-26.
6. "Stock". Thpa.gr. Retrieved 2016-02-26.
7. "SHAREHOLDER STRUCTURE" (PDF). Aia.gr. 2014-12-31. Retrieved 2016-02-26.
8. "ΣΥΝΘΕΣΗ ΜΕΤΟΧΟΟΧΟΛΟΓΙΟΥ" (PDF). Eydap.gr. 2014-12-31. Retrieved 2016-02-26.
9. "Μετοχική Σύνθεση". Eyath.gr. Retrieved 2016-02-26.
10. "Company Profile". Archived from the original on September 7, 2015. Retrieved December 23, 2015.
11. Kambas, Michelle (reporting); Koutantou, Aggeliki (reporting); Weir, Keith (editing) (21 March 2016). "Greece delays bid deadline for railway companies". Reuters. Retrieved 14 April 2016.
12. "Elpe – Shareholders Structure". Helpe.gr. 2014-12-31. Retrieved 2016-02-26.
13. "Προχωρά άμεσα η πώληση των ΕΛΤΑ απο το ΤΑΙΠΕΔ". Dikaiologitika.gr. 2014-11-04. Retrieved 2016-02-26.
14. "Δημόσια Επιχείρηση Αερίου Α.Ε. – Η ΕΤΑΙΡEΙΑ – Δομή Ομίλου". Depa.gr. Archived from the original on 2016-10-01. Retrieved 2016-02-26.
15. "Hellinikon | Hellenic Republic Asset Development Fund". Hradf.com. Archived from the original on 2015-12-23. Retrieved 2016-02-26.
16. "Greek president hopes for more investments following Piraeus Port Authority deal". Hellenic Shipping News. 11 April 2016. Archived from the original on 26 April 2016. Retrieved 13 April 2016.

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