New HRADF Resolutions Encompass OPAP Privatization

A set of new resolutions has been presented by the Hellenic Republic Asset Development Fund (HRADF) with an aim to speed up and boost the privatization process in Greece.

Greek gambling monopoly OPAP was one of the companies that the fund had in mind when drafting the resolutions, and the company will also be on the agenda of the HRADF board meeting on September 19, 2012, with 29 percent of it.

Regarding the meeting, the Fund stressed: "The meeting on September 19, will seek to agree final contract documents for the completion of the international tender for the concession of the right to issue State Lottery to private investors and once approved this process will prime the international tender process for the sale of 29 percent of shares in OPAP."

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