Hellenic Republic Asset Development Fund

The Hellenic Republic Asset Development Fund (HRADF; Greek: 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.^[3][4] 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).^[5]

Native name

Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.

Company typeAnonymi Etairia

IndustryAsset management

Founded2011 (2011)

Quick facts Native name, Company type ...

Hellenic Republic Asset Development Fund S.A.

Native name	Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.
Company type	Anonymi Etairia
Industry	Asset management
Founded	2011 (2011)
Headquarters	Athens , Greece
Area served	Greece
Key people	Stergios Pitsiorlas (chairman) Dimitris Politis (CEO)
Revenue	€9 billion (2021)[1]
Total assets	€20 billion (2021)[2]
Owner	State of Greece (100%)
Number of employees	20,000 (2021)
Website	www.hradf.com

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