With the start yesterday of the process for the sub-concession of the Mega Yachts marina of Corfu, the Hellenic Republic Asset Development Fund (HRADF) proceeded in a very timely manner with its planning for the first quarter of the year. The ports and marinas, which have largely kept alive the interest in the privatization program by showing resilience within the pandemic, are the fund's mainstay at the beginning of this year. The process of utilizing the small port of Lefkimmi in southern Corfu will follow right after, while the big tenders for the ports of Kavala and Alexandroupolis are in progress.

The Hellenic Republic Asset Development Fund (HRADF) on Monday announced that nine interested parties have submitted an Expression of Interest for the acquisition of 65% of the share capital of DEPA Commercial S.A., with an option of acquiring the total of its issued share capital by virtue of a Memorandum of Understanding (MoU) between DEPA S.A. shareholders, HRADF and Hellenic Petroleum S.A. (HELPE).

Today, the Finance Ministry announced that the nation's privatization fund will be revamped for the fifth time within the last two years, and is looking for new management, according to reports.