OUR NEWS

Regulatory announcement – Initiation of HRADF tender process
18.04.2018

HELLENIC PETROLEUM S.A. (the Company), announces that, following notification received today by the Hellenic Republic Asset Development Fund A.E. (“HRADF”), HRADF has initiated through its 18/4/2018 Invitation for Expression of Interest, an international competitive process for the sale of a majority participation (at least 50,1% of the share capital) at the Company.

It is noted that, the sale process will be joint with the other main shareholder of the Company, PANEUROPEAN OIL & INDUSTRIAL HOLDINGS S.A.