TAIPED

TAIPED launches tender for ELPE majority stake

Greece on Wednesday launched an international tender to sell a majority stake in Hellenic Petroleum (ELPE) as part of its third international bailout.

Greece's privatization agency TAIPED said it will sell no less than 50.1 percent in the country's biggest oil refiner and interested investors must submit expressions of interest by May 18.

Greece extends deadline for expressions of interest in gas grid

Greece's privatisation agency TAIPED said on Monday it had extended the deadline for submission of expressions of interest in natural gas grid operator DESFA to August 7.

Greece is seeking a buyer for a 66 percent stake in the grid under a privatisation scheme it has agreed with international lenders.

Monday had been the deadline.

New obstacle to Elliniko project

Greece's privatization agency, TAIPED, is scrambling to keep a major privatization project afloat following a decision by the Piraeus forestry authority to declare as woodland a section of the old Athens airport plot at Elliniko, which was conceded to a consortium of Greek, Chinese and Arab investors last year.

TAIPED appoints new chairwoman

Greece's privatisation agency TAIPED has appointed executive director Lila Tsitsogiannopoulou as its new chair, it said on Friday.

Tsitsogiannopoulou will take over from Chief Executive Antonios Leousis, who has been heading the fund's three-member board for an interim six-month period.

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