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Tag Archives: TAIPED

Gov’t handing over control of Hellenic Petroleum to private interests, says KINAL leader

The government is using the Hellenic Republic Asset Development Fund (TAIPED) as “a Trojan horse” to hand over state assets to private interests, the leader of Movement for Change (KINAL) leader Fofi Gennimata said on Tuesday. The party leader said she is referring to the 2003 shareholders’ agreement for Hellenic …

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Privatization of Thessaloniki Port postponed as Russian guarantor bank gets bailout

Greece has had to postpone the signing of a deal to sell a majority stake in its second-biggest port after the Russian guarantor bank, Promsvyazbank, was placed under temporary administration and was practically nationalized by the Centrla Bank of Russia. Odd that the US Ambassador to Athens had criticized the …

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Council of State blocks transfer of Athens Water Company to Privatization Agency

Greece’s Council of State blocked the transfer of part of Athens Water Company stakes to Privatization Agency (TAIPED).  In clear words, this decision prohibits the privatization of Athens Water Company (ΕΥΔΑΠ) and mosτ possible also the upcoming privatization of 51% of the stakes of Thessaloniki Water company (EYAΔ). The Council …

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TAIPED unanimously declares Lamda SA as preferred bidder for ex Athens airport Elliniko

The board of Greece’s privatization agency TAIPED unanimously declared LAMDA Development SA as preferred investor for the acquisition of 100% of the shares of the former Athens airport Elliniko SA. TAIPED confirms Lamda as preferred Elliniko bidder Greece has picked Lamda Development, backed by Chinese and Arab funds, to develop …

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