Hellenic Republic Asset Development Fund

Changes at state property agencies

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

Aktor named preferred bidder for Alimos Marina

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.

Alimos Marina privatization to be settled next month

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.

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