HRADF

Skyscrapers by the waterfront, sport centers and 200 hectares of green are part of the plan presented by the Greek company Lamda Development which was accepted by the HRADF (Hellenic Republic Assets Development Fund). Lamda Development used a two and...

After plans by the government to develop the former Hellenikon national airport site on Athens' coast  got only a single bidder as other companies withdrew with complaints the process was flawed, Greece's opposition party leader threatened to overturn the...

The competition concerning the largest privatization in Greece, the Ellinikon International Airport project seems to have only one candidate left as one of the three stakeholders , Israeli company Elbit Cochin, expressed its intention not to proceed any further. Given...

International lenders are asking Greece to increase the pace of privatizing state enterprises to meet fiscal targets and complete unfinished reforms. The IMF-EU-ECB Troika envoys are visiting Athens to discuss how the government will close a 2.4 billion euro gap...

Argentinian entrepreneur Eduardo Eurnekian is expected to make an offer to the Hellenic Republic Assets Development Fund (HRADF) for the ongoing competition concerning 21 Greek airports. During the World Economic Forum in Davos, Martin Eurnekian, nephew of the Argentinian billionaire...

The Greek Prime Minister, Antonis Samaras along with his associates, were expected to fly to Baku, Azerbaijan, this evening. However his plane showed mechanical problems and was forced to land at the Elefsina airport. After engineers performed a check on...

Astir Palace Resort in Greece was sold for 400 million euros to Saudi Arabian fund ACG, which is allied with the Turkish Dogus Group and four other Arab funds who combined forces in order to submit the highest bid...

Greek HRADF announced that four investment entities comprised of both Greek and international investors submitted binding offers for the acquisition of a majority stake in Astir Palace Vouliagmeni S.A., in Greece. At its next BoD, the HRADF and NBG, owner...

Frustrated in efforts to sell off major state enterprises, Greece is turning toward trying to get rid of other properties that can fetch anywhere from 310,000-3.4 million euros in a bid to bring in cash in smaller batches -...

Shooting down a suggestion from the country's international lenders that the country's lagging privatization program be put into the hands of a private, foreign agency to get it going, Greek Prime Minister Antonis Samaras categorically ruled it out. That...