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Hellenic Republic Asset Development Fund

Hellenic Republic Asset Development Fund S.A.
Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.
Anonymi Etairia
Industry Asset management
Founded 2011 (2011)
Headquarters Athens, Greece
Key people
Stergios Pitsiorlas (Chairman)
Antonios Leousis (CEO)
Total assets Increase1.222 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.

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).


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