HRADF

The concession agreement for the exclusive right to operate the Hellenic Republic's State Lotteries for a period of 12 years was signed on July 30 between the Hellenic Republic Asset Development Fund (HRADF) and the Hellenic Lotteries SA. Hellenic Lotteries...

Still reeling from setbacks in its lagging privatization program, Greece has invited bids on its notoriously-inefficient and antiquated state-operated railway operator Trainose, the Hellenic Republic Asset Development Fund (HRADF) said. The deadline for interested parties to submit binding offers for...

The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid for Greece's natural-gas monopoly DEPA, a European Union spokesman said on June 11, amid speculation that the United States was...

Greek Prime Minister Antonis Samaras will take an entourage of nearly 50 business leaders and privatization officials on a trip to China later this month, hoping to woo more investments and raise China's stake in Greece. The newspaper Kathimerini said...

After long delays, Greece has finally managed to sell a 33 percent stake in the state-run gambling monopoly OPAP to private investors, but only after the government forced them to sweeten the deal with a higher offer on the...

Unhappy with the only bid made for its gambling monopoly OPAP, Greece's privatization agency has given Greek-Czech fund Emma Delta more time to raise its stakes,   two officials directly involved in the sale talks told Reuters. "They asked for and...

Under pressure from international lenders to speed the pace of privatization, the Greek government said the tender for the sale of a 100 percent stake in the Hellenic Railways Organization (OSE) is to start by the end of the...

With Greece's privatization plans lagging - and set back again when the head of the agency overseeing it stepped aside in a burgeoning scandal involving the nation's electric company - the government is hoping that bids for its money-making...

A neo-classical building in Belgrade that was the Greek embassy in Serbia for 15 years before being closed in a cost-cutting move because of an economic crisis has been taken over by squatters said to be descendants of the...

Greek Deputy Foreign Minister Dimitris Kourkoulas will participate in an investment forum being co-hosted by the Greek Consulate General in Shanghai and 21st Century Media on Friday and Saturday, according to the official website of the Ministry of Foreign...