EYDAP

The Water Supply and Sewerage Company (Greek: Εταιρεία Ύδρευσης και Αποχέτευσης Πρωτεύουσας, Eteria Ydrefsis ke Apohetefsis Protevusas, abbr. ΕΥΔΑΠ, EYDAP) is the largest Greek enterprise in its sector. Based in Galatsi in Attica, it is serving 4.3 million customers in the greater metropolitan area of Attica with fresh water and 3.5 million customers with sewers.[3]

Water Supply and Sewerage Company
EYDAP
Native name
Εταιρεία Ύδρευσης και Αποχέτευσης Πρωτεύουσας
Eteria Ydrefsis ke Apohetefsis Protevusas
State owned
Traded asAthex: EYDAP
IndustryWater industry
Founded1980 (1980)
Headquarters
Galatsi, Attica
,
Greece
Area served
Greater Metropolitan area of Athens
Key people
Konstantinos Papadopoulos (Chairman)
Ioannis Benisis (CEO)[1]
Owner
Government of Greece(34%)
HRADF(27.3%)
Paulson & Co.(10%)[2]
Websitewww.eydap.gr/en

Company

EYDAP was founded in 1980 after the merge of the two water suppliers Hellenic Water Company (EEY) and Greater Attica Sewerage Organization (OAP).

The Greek state holds a majority stake in EYDAP, with further 27 percent being listed at the Athens Exchange where it belongs to the 25 companies forming the FTSE/Athex Large Cap index.

Following the Greek government-debt crisis, EYDAP was planned to be fully privatized under the terms of the Eurozone Memorandum. In May 2014, the Greek Council of State however blocked the transfer of the government's stake to its privatization fund, the Hellenic Republic Asset Development Fund. The constitutional court ruled that the sale would be unconstitutional.[4] Following this decision, a merger of EYDAP with the Thessaloniki Water Supply & Sewage Co. (EYATH) was taken into consideration instead.[5]

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References
  1. "Boards of Directors". Retrieved 11 July 2016.
  2. "Athens Water Supply & Sewage Company company : Shareholders, managers and business summary | Athens Stock Exchange: EYDAP". 4-Traders. Retrieved 29 April 2018.
  3. "Corporate Profile". Retrieved 22 February 2015.
  4. "Top Greek court blocks privatization of EYDAP water utility". Kathimerini. 26 May 2014. Retrieved 22 February 2015.
  5. Kalmouki, Nikoleta (12 September 2014). "Possible Merger of Athens and Thessaloniki Water Utilities". Greek Reporter. Retrieved 22 February 2015.
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