Mutual Horsebetting License

Completed / Infrastructure

The bidding process for the non-exclusive right to conduct horse races and for the exclusive right to conduct mutual horserace betting in Greece for 20 years has been concluded. OPAP Investments Ltd, a 100% subsidiary of OPAP SA was proclaimed the preferred successful bidder in September 2014, after submitting the highest bid of € 40,501,000 in the relevant process conducted by HRADF. 

Read More

Piraeus Port Authority S.A. (PPA)

Completed / Infrastructure

On 5/3/2014 HRADF issued an international tender process for the sale of 67% of the shares of OLP, the company which has the right to operate the Port of Piraeus until 2052. Following the successful completion of the tender process, on 8/4/2016 a Share Purchase Agreement was signed with Cosco (Hong Kong) Group Limited for the transfer of 67% of the shares in two stages. In the first stage, on 10/8/

Read More

ROSCO

In Progress / Infrastructure

ROSCO S.A. ("EESSTY S.A."), is a newly established (2013) company. Today, the Hellenic Republic Asset Development Fund owns 100% of the share capital of ROSCO. ROSCO provides rolling stock maintenance and availability services to train operating companies. Financial Advisors Investment Bank of Greece SA. Kantor Consultants Legal Advisors Μ&P Bernitsas Law Office Hogan Lovells LLP Technical Adv

Read More

South Kavala Natural Gas Storage

Rolling Ahead / Infrastructure

The project is related to the conversion of the depleted offshore natural gas field of South Kavala to the country’s first Underground Gas Storage (UGS) facility. Preliminary planning refers to a capacity of approximately 950 mcm, ~350 mcm of which are recoverable at an injection rate of 5 mcm/d and an extraction rate of 4 mcm/d. At present, the South Kavala gas field in the Thracian Sea is in use by Energean O

Read More

Thessaloniki Port Authority S.A. (ThPA)

In Progress / Infrastructure

On 14/4/2014 HRADF, announced an international tender process for the sale of 67% of the shares of OLTh, the company which has the right to operate the Port of Thessaloniki until 2051. On 8/7/2014 the Board of Directors of HRADF decided that the following eight investors qualified for the second phase of the tender process: APM Terminals, B.V. Deutsche Invest Equity Partners, GmbH

Read More

Thessaloniki Water Supply and Sewerage Company

Rolling Ahead / Infrastructure

Thessaloniki Water Supply & Sewerage SA (EYATH) has the exclusive right to provide water and sewerage services in the Greater Area of Thessaloniki through a 30-year exclusive concession agreement with the Hellenic Republic, effective from 2001. Currently, HRADF holds 74% of the company’s share capital, 5% is held by Suez Environment Company and the remaining is free float. The company is listed

Read More

TRAINOSE

Completed / Infrastructure

TRAINOSE S.A. was established in 2005 as a subsidiary of OSE S.A. ("OSE"). In December 2008, the ownership of TRAINOSE was transferred to the Hellenic Republic. TRAINOSE is engaged in the provision of traction services for the rail transportation of passengers and freight, the development, organization and exploitation of urban, suburban, regional, extra-urban and international railway transportation of passeng

Read More

“Egnatia Odos” Motorway

In Progress / Infrastructure

"Egnatia Odos" is a Motorway that crosses Northern Greece, from East to West, starting from the Port of Igoumenitsa, which connects Greece to Italy, and ending at the Greek-Turkish borders. Egnatia Motorway is a catalyst for investments in Northern Greece in the sectors of transport, manufacturing and tourism. It greatly facilitates trade and travel within Greece, bringing Epirus and Western Macedonia much closer to th

Read More