Privatization in Greece Trust company Informative meeting
With the aim to reduce the country's public debt sustainably in the summer of 2011 the Greek Government decided the privatization of numerous assets through an ad hoc established Trust Company.
The so-called Hellenic Republic Asset Development Fund (HRADF) was established on 1st July 2011 by Law 3986-2011. It is organized as a stock corporation organized under private law, and shall liquidate all assets transferred to it by the Greek government to private investors from home and abroad. In this context, the sale of assets of the real estate, infrastructure and state-owned enterprises has been decided. You will receive an overview of the most important projects of the various areas below and further information under www.hraf.gr.