The Russian
group Fund Energy sought an injunction from Greek Courts regarding the tender
procedure for the privatization of the DEPA Group. The hearing before the
Athens Court of First Instance was scheduled for today.
No representative
of Fund Energy appeared before the Court to support the petition. The Athens
Court of First Instance had already rejected Fund Energy’s earlier petition for
a temporary injunction.
HRADF’s decisions
safeguard the interests of the
Hellenic
Republic
and ensure compliance with national
and European laws.
The
adherence, without exception, to the terms of the Invitation for the Expression
of Interest, as well as to the principles of transparency and equal treatment
of bidders is key policy of HRADF and enhances the credibility of the tender
process.
The 14
investors that have already qualified to participate in the next phase of the
process will be called to submit their offers for the shares of DEPA and/or
DESFA.