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The Hellenic Republic Asset Development Fund

The Hellenic Republic Asset Development Fund (‘’HRADF’’) exploits the assets of the State that have been assigned to it and manages the implementation of the privatization program in the country, and in specific, the implementation of the Asset Development Plan “ADP” which is uploaded on HRADF’s website. The HRADF aims to maximize the development and exploitation of the assets of the ADP in infrastructure, corporations, real estate and other fields of the economy and to attract direct investments, while also promoting long term benefits for the Greek economy. 

Pursuant to Law 4389/2016, the full ownership, possession and holding of all shares in the HRADF shall be transferred by the Greek Government to the Corporation for no consideration. Following the resolutions of HRADF’s General Assembly its duration has been extended until July 1st 2020.