Hellenic Republic Asset Development Fund

Hellenic Republic Asset Development Fund S.A.
Native name
Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.
Company typeAnonymi Etairia
IndustryAsset management
Founded2011 (2011)
Headquarters,
Area served
Greece
Key people
Stergios Pitsiorlas (chairman)
Dimitris Politis (CEO)
RevenueIncrease 9 billion (2021)[1]
Total assetsIncrease 20 billion (2021)[2]
OwnerGovernment of Greece through the Hellenic Corporation of Assets and Participations (100%)
Number of employees
20,000 (2021)
Websitewww.hradf.com

The Hellenic Republic Asset Development Fund (HRADF; Greek: Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου ΤΑΙΠΕΔ) is a Greek state-owned asset management company that controls a number of state owned enterprises. It is a direct subsidiary of the Hellenic Corporation of Assets and Participations.[3][4] HRADF exploits the assets of Greece that have been assigned to it and manages the implementation of the privatization program in Greece, specifically, the implementation of the Asset Development Plan "ADP."[5]

  1. ^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.
  2. ^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek). Retrieved 2022-11-29.
  3. ^ "Trainose and OLTH projects to end in 2016". ekathimerini.com. 10 April 2016. Retrieved 14 April 2016.
  4. ^ "Direct Subsidiaries | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.
  5. ^ "The Hellenic Republic Asset Development Fund | Hellenic Corporation of Assets and Participations". hcap.gr. Retrieved 2018-02-07.