Hellenic Republic Asset Development Fund

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.

According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.

The government is determined to change the heads of the state property manager, the Hellenic Corporation of Assets and Participations (HCAP), and its subsidiary, the Hellenic Republic Asset Development Fund (TAIPED), charged with attracting foreign investors in the privatization of some of those property assets, over their handling of the privatizations and the dismal financial situation at ele

Greece's two largest lenders Piraeus Bank and National Bank said on Thursday they will be the exclusive joint underwriters for a bond loan facility to Athens International Airport (AIA) of up to 665.6 million euros ($742 million).
Proceeds of the loan facility will partly finance a 20-year extension to manage and operate the airport until 2046.

Greek investor Aktor Concessions SA was nominated as the preferred bidder to be granted the right to use and exploit Alimos Marina in southern Athens for a period of 40 years, in the context of Greece's privatization program, the Hellenic Republic Asset Development Fund (TAIPED), the country's privatization fund, announced on Tuesday.

The time for the Astir Palace in Vouliagmeni to shine again is almost upon us. The landmark resort on the Athens Riviera, now owned by AGC Equity Partners and operated by Four Seasons Hotels and Resorts, is set to reopen on March 29 following an extensive overhaul.

An agreement for the sale of 67 pct of the Thessaloniki port to South Europe Gateway Thessaloniki (SEGT) Limited, was signed at the offices of the Hellenic Republic Asset Development Fund (HRADF) on Thursday, following the approval of the Greek Court of Audit./greece.greekreporter.com

Greece's privatization fund invited investors on Monday to express interest in the sell-off of two key marinas in Athens and the Aegean island of Chios.

Castello,outside the village of Kato Korakiana, near Corfu's main town and Dasias beach, is by many considered emblematic of the island at the turn of the 19th century. The Italianate building served as a hotel during the advent of tourism on the island in the 1960s, and images of its elegant facade featured on many a postcard.

The executive board of Greece's privatization agency, the Hellenic Republic Asset Development Fund (TAIPED), is set to approve a short list of candidates for the acquisition of a 66 percent stake in natural gas transmission system operator DESFA.

The Hellenic Republic Asset Development Fund (TAIPED) is preparing to hire advisers to explore the privatization of 10 port authorities in which it holds stakes.

Although the process relates to all 10 ports, sources suggest that the first to be sold will be that in Alexandroupoli as it has already attracted substantial interest domestically and internationally.