Hellenic Republic Asset Development Fund

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

Type	Anonymi Etairia
Industry	Asset management
Founded	2011 (2011)
Headquarters	Athens, Greece
Key people	Stergios Pitsiorlas (Chairman) Antonios Leousis (CEO)
Total assets	€1.222 billion (2014)
Owner	Government of Greece (100%)
Website	www.hradf.com

The Hellenic Republic Asset Development Fund S.A. (HRADF; Greek: Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου (Tamio Axiopehisis Idiotikis Periousias tou Dimosiou); ΤΑΙΠΕΔ) or TAIPED is the state owned asset development fund of Greece. It represents a key initiative in attracting direct investments in infrastructure, energy, real estate and other fields.

Portfolio

Infrastructure

• Public Power Corporation S.A.
• Thessaloniki Port Authority S.A., which is planned to be privatized in 2016
• Marinas of Alimos, Hydra, Poros and Epidavros
• Marinas of Chios and Pylos
• Athens International Airport
• Schinias Olympic Rowing and Canoeing Centre
• Markopoulo Olympic Equestrian Centre
• Galatsi Olympic Hall
• Athens Water Supply and Sewerage Company
• Thessaloniki Water Supply and Sewerage Company
• Egnatia Odos
• TrainOSE, which is planned to be sold (privatized) in 2016
• ROSCO (railway maintenance company), which is planned to be sold (March 2016)
• Hellenic Company for Rolling Stock Maintenance S.A.
• South Kavala Natural Gas Storage

Corporate

• Hellenic Petroleum
• Hellenic Post
• Public Gas Corporation

Land development

• Ellinikon airport
• 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.

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