Hellenic Republic Asset Development Fund

Greek state privatization fund HRADF or TAIPED) on Tuesday announced that 10 investment schemes have expressed their interest for a 30 percent stake in Athens International Airport (AIA), owned by the fund.

The government and state sell-off fund TAIPED have agreed to two simultaneous but not interconnected tenders for the concession of the port authorities of Alexandroupoli (pictured) and Kavala, to be announced in the first quarter of 2020 in the context of the new privatizations program.

After appointing new administrations to the port authorities of Volos, Kavala, Igoumenitsa and Corfu, state sell-off fund TAIPED is expected to decide by end-October on the utilization of another 10 regional ports, including Alexandroupoli.

The transformation of Public Gas Corporation (DEPA) is back on the table ahead of crucial decisions for the privatization of the utility that is 65 percent owned by the state privatizations fund (TAIPED) and 35 percent owned by Hellenic Petroleum (HELPE).

Greece's Asset Development Fund (HRADF), the subsidiary of the agency managing state properties whose role is to manage privatizations and find interested investors, is considering privatizing, or turning over the management of to private operators, 10 Greek ports.

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

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 government tabled an amendment on Monday to the concession contract for betting on horse racing for 20 years.

The amendment, which will be voted on by the House on Tuesday, includes three main changes to the contract signed by state sell-off fund TAIPED and OPAP gaming company in 2015.

The acquisition of railway carriage maintenance company Rosco by Italian-owned railway service operator Trainose has been completed, making the Ferrovie dello Stato Italiane subsidiary the dominant player in the local market.
The 100 percent stake in Rosco sold for 22 million euros.

The fate of Alimos Marina in southern Athens will be determined by the end of April, after state asset utilization fund TAIPED unsealed on Friday the three offers by candidate investors and decided to short-list them all because the distance between the lowest and second-lowest offers was less than 15 percent.