{{Short description|Greek government-owned company}} {{Infobox company | name = Hellenic Republic Asset Development Fund S.A. | native_name = Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε. | native_name_lang = el | logo = | caption = | type = Anonymi Etairia | industry = Asset management | foundation = {{Start date|2011}} | founder = | location_city = Athens | location_country = Greece | area_served = Greece | key_people = Stergios Pitsiorlas (chairman)<br /> Dimitris Politis (CEO) | products = | services = | revenue = {{increase}} €9 billion <small>(2021)</small><ref>{{Cite web |title=ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ |url=https://hradf.com/ |access-date=2022-11-29 |language=el}}</ref> | assets = {{increase}} €20 billion <small>(2021)</small><ref>{{Cite web |title=ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ |url=https://hradf.com/ |access-date=2022-11-29 |language=el}}</ref> | owner = State of Greece (100%) | num_employees = 20,000 | num_employees_year = 2021 | parent = | homepage = {{URL|www.hradf.com/}} }}

The '''Hellenic Republic Asset Development Fund''' ('''HRADF'''; {{langx|el|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.<ref name=OLTH_Trainose>{{cite web| date=10 April 2016 | website=ekathimerini.com| title=Trainose and OLTH projects to end in 2016| access-date=14 April 2016| url=http://www.ekathimerini.com/207782/article/ekathimerini/business/trainose-and-olth-projects-to-end-in-2016 }}</ref><ref>{{cite web|url=http://www.hcap.gr/?q=en/content/direct-subsidiaries-0/ |title=Direct Subsidiaries &#124; Hellenic Corporation of Assets and Participations |website=hcap.gr |date= |accessdate=2018-02-07}}</ref> 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).<ref>{{cite web|url=http://www.hcap.gr/?q=en/content/hellenic-republic-asset-development-fund-0/ |title=The Hellenic Republic Asset Development Fund &#124; Hellenic Corporation of Assets and Participations |website=hcap.gr |date= |accessdate=2018-02-07}}</ref>

== Portfolio ==

=== Infrastructure === * Public Power Corporation S.A. (government retains 34.12% owned by Greek government) * Piraeus Port Authority (government retains 7.14%) * Thessaloniki Port Authority (government retains 7.27%) * Marinas of Hydra, Poros and Epidavros * Marinas of Chios and Pylos * Athens International Airport (government retains 25%; privatisation of 30% stake held by the ''Hellenic Republic Asset Development Fund'' is in progress)<ref>{{Cite web|url=https://news.gtp.gr/2019/09/12/taiped-owned-30-stake-athens-airport-sale/|title=TAIPED-owned 30% Stake in Athens Airport up for Sale|date=12 September 2019}}</ref> * Schinias Olympic Rowing and Canoeing Centre * Markopoulo Olympic Equestrian Centre * Galatsi Olympic Hall * South Kavala Natural Gas Storage

=== Corporate === * Hellenic Petroleum (35.5%)<ref>{{cite web|url=http://www.helpe.gr/en/investor-relations/key-data/shareholders-structure/ |title=Elpe – Shareholders Structure |website=Helpe.gr |date=2014-12-31 |accessdate=2016-02-26}}</ref> * Hellenic Post<ref>{{cite web|url=http://www.dikaiologitika.gr/eidhseis/dhmosio/37873/proxora-amesa-i-polisi-ton-elta-apo-to-taiped |title=Προχωρά άμεσα η πώληση των ΕΛΤΑ απο το ΤΑΙΠΕΔ |website=Dikaiologitika.gr |date=2014-11-04 |accessdate=2016-02-26}}</ref> * Public Gas Corporation<ref>{{cite web |url=http://www.depa.gr/content/article/002001004/110.html |title=Δημόσια Επιχείρηση Αερίου Α.Ε. – Η ΕΤΑΙΡEΙΑ – Δομή Ομίλου |website=Depa.gr |date= |accessdate=2016-02-26 |archive-url=https://web.archive.org/web/20161001211844/http://www.depa.gr/content/article/002001004/110.html |archive-date=2016-10-01 |url-status=dead }}</ref>

=== Land development === * Boutique Hotels * Kassandra Golf (Kassandra) * Peace and Friendship Stadium

== Privatisations == * Egnatia Odos S.A., the operator of the A2 motorway * TrainOSE * ''ROSCO'' (railway maintenance company)<ref>{{Cite web|url=https://www.hradf.com/en/post/615/oloklhrwthhke-h-pwlhsh-ths-eessty-sthn-trainose|title=Completion of the EESSTY SA sale to TRAINOSE SA|access-date=2022-01-03|archive-date=2021-04-24|archive-url=https://web.archive.org/web/20210424200112/https://www.hradf.com/en/post/615/oloklhrwthhke-h-pwlhsh-ths-eessty-sthn-trainose|url-status=dead}}</ref> * Marinas of Alimos (concession of 40 years awarded to Ellaktor<ref>{{Cite web|url=https://news.gtp.gr/2020/12/31/greeces-alimos-marina-concession-done-deal/|title = Greece's Alimos Marina Concession a Done Deal|date = 31 December 2020}}</ref> * Ellinikon airport (see also Hellenikon Metropolitan Park<ref>{{Cite web|url=https://news.gtp.gr/2020/06/16/minister-hellinikon-casino-hotels-skyscrapers-ready-construction/|title = Minister: Hellinikon Casino, Hotels, Skyscrapers Ready for Construction|date = 16 June 2020}}</ref>) * DEPA Infrastructure * Modiano Market

== See also ==

* Growthfund

== References == {{Reflist}} * {{cite web |url=http://www.hradf.com/en/the-fund/vision |title=Vision &#124; Hellenic Republic Asset Development Fund |website=Hradf.com |accessdate=2016-02-26 |url-status=dead |archiveurl=https://web.archive.org/web/20160313201601/http://hradf.com/en/the-fund/vision |archivedate=2016-03-13 }}

{{authority control}}

* Category:Privatization funds Category:Government-owned companies of Greece Category:Investment promotion agencies Category:Financial services companies established in 2011 Category:2011 establishments in Greece Category:Greek government-debt crisis Category:Asset management companies