Hellenic Republic Asset Development Fund

Hellenic Republic Asset Development Fund S.A.
Native name
Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε.
Company typeAnonymi Etairia
IndustryAsset management
Founded2011 (2011)
Headquarters,
Area served
Greece
Key people
Stergios Pitsiorlas (chairman)
Dimitris Politis (CEO)
Revenue 9 billion (2021)
Total assets 20 billion (2021)
OwnerState of Greece (100%)
Number of employees
20,000 (2021)
Websitewww.hradf.com

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. 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).