Hellenic Football Prognostic Organisation VLT Licences

Completed / Corporate

Law 4002/2011 provides for the granting of a single license to OPAP for the operation of 35.000 VLTs in the Greek territory, making the company eligible to install and operate 16,500 VLTs through its own agencies and subcontract the remaining 18,500 machines to 4 to 10 third parties through an international tender process.  Following relevant advice by HRADF’s financial and legal advisers, the
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Hellenic Football Prognostics Organisation

Completed / Corporate

Hellenic Football Prognostics Organisation S.A. (“OPAP”) was established in 1958 as a private legal entity and was converted into a Societe Anonyme in 1999. OPAP relies on a 20-year concession contract signed on December 15, 2000 (the “OPAP Agreement”), pursuant to which the Hellenic Republic granted the company the exclusive right to operate and manage 11 numerical lottery and sports bett
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Hellenic Petroleum

Rolling Ahead / Corporate

HELPE is the leading oil refiner and distributor in Greece and a significant player in the Southeast European market. It operates three refineries in southern and northern Greece which cover approximately 2/3 of the country’s refining capacity, and a refinery in FYROM. Apart from ex-refinery sales to retail companies HELPE is also active in fuel retailing in Greece where it holds a significant m
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Hellenic Post

Rolling Ahead / Corporate

Hellenic Post (ELTA) is the leading postal service provider in the Greek market and a member of the Universal Postal Union. Through its wide network of 750 outlets, it provides services including, letter post, parcel service, nationwide next-day delivery, express mail, door-to-door service, bill payment, as well as financial and insurance services. The Hellenic Republic holds 90% of the shares whi
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Public Gas Corporation

Rolling Ahead / Corporate

DEPA operates in the wholesale market, trading and gas supply to large customers and retail customers, while it provides approximately 90% of the gas consumed in the country. HRADF holds 65% of DEPA, with the remaining is held by the Hellenic Petroleum SA. DEPA holds 100% of DESFA, which owns, operates, maintains and develops the National Natural Gas System (NNGS) and the LNG terminal located in R
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Public Power Corporation

Rolling Ahead / Corporate

Public Power Corporation S.A. (PPC) is the biggest power producer and electricity supply company in Greece with approximately 7.4 million customers. PPC currently holds assets in lignite mines, power generation, transmission and distribution. PPC’s current power portfolio consists of conventional thermal and hydroelectric power plants, as well as RES units, accounting for approximately 68% of th
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State Lotteries License

Completed / Corporate

The state lotteries currently in circulation include the Popular Ticket, National Ticket and the Special Purpose (New Year’s) Ticket. The Popular ticket is issued weekly with 52 draws per year and the National Ticket is issued every four months with 3 issuances per year. Revenues from the Special Purpose Ticket are distributed exclusively for social purposes. Additionally, there is the currently
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