Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property , goodwill or financial assets ). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes).
29-843: Greek government-owned company Hellenic Republic Asset Development Fund S.A. Native name Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου Α.Ε. Company type Anonymi Etairia Industry Asset management Founded 2011 ( 2011 ) Headquarters Athens , Greece Area served Greece Key people Stergios Pitsiorlas ( chairman ) Dimitris Politis ( CEO ) Revenue [REDACTED] € 9 billion (2021) Total assets [REDACTED] € 20 billion (2021) Owner ΕΕΣΥΠ 100% Number of employees 20,000 (2021) Website www .hradf .com The Hellenic Republic Asset Development Fund ( HRADF ; Greek : Ταμείο Αξιοποίησης Ιδιωτικής Περιουσίας του Δημοσίου ΤΑΙΠΕΔ )
58-537: A Music School ) and 5 High Schools (including one Technical High School). Furthermore, there are several private schools, where tuition fees are needed. Alimos is situated on the Saronic Gulf coast, 8 km south of Athens city centre along the Athens coast. The municipality has an area of 5.909 km . The Hellinikon Olympic Complex , built on the grounds of the former Ellinikon International Airport for
87-703: A few blocks away from the Neolithic site). The most significant historical affiliation of Alimos is that with Thucydides . Thucydides was born in Halimous, and is often referred to as "Thucydides the Halimousian" (Greek: Θουκυδίδης ο Αλιμούσιος). The bust of Thucydides is the emblem of Alimos, which is commonly used between schools in the area. Furthermore, the First High School of Alimos is called Thoukydideio (Greek: Θουκυδίδειο), after him. Kalamaki
116-531: A purchase of newer hardware. Large companies such as Oracle , that license software to clients distinguish between the right to use and the right to receive maintenance/support. Alimos Alimos ( Greek : Άλιμος ) is a town on the Saronic Gulf coast, a suburb of the Athens agglomeration , and a municipality in South Athens regional unit , Greece . It was formed in 1968 comprising two settlements,
145-521: A structure of this sort is directly connected to local governance. Enterprise asset management (EAM) systems are asset information systems that support the management of an organization's assets. An EAM includes an asset registry (inventory of assets and their attributes) combined with a computerized maintenance management system (CMMS) and other modules (such as inventory or materials management). Assets that are geographically distributed, interconnected or networked, are often also represented through
174-1046: Is a Greek state-owned asset management company that controls a number of state owned enterprises. It is a direct subsidiary of the Hellenic Corporation of Assets and Participations. HRADF exploits the assets of Greece that have been assigned to it and manages the implementation of the privatization program in Greece, specifically, the implementation of the Asset Development Plan "ADP." Portfolio [ edit ] Infrastructure [ edit ] Public Power Corporation S.A. (government retains 34.12% owned by Greek government) Piraeus Port Authority (government retains 7.14%) Thessaloniki Port Authority (government retains 7.27%) Marinas of Hydra , Poros and Epidavros Marinas of Chios and Pylos Athens International Airport (government retains 25%; privatisation of 30% stake held by
203-869: Is a growing specialist engineering discipline, with many international technical societies now established to advance knowledge in this area, including the Engineers Australia technical society of the Asset Management Council (AMC), the World Partners in Asset Management (WPiAM), Society for Maintenance and Reliability Professionals (SMRP), the Institute of Asset Management (IAM), the International Society of Engineering Asset Management (ISEAM), and
232-682: Is a term synonymous with physical and infrastructure asset management, it is used to describe management of more complex physical assets which require the application of specialist asset management engineering methods over their life-cycles in order to maximize value for their owners, whilst keeping risk to an acceptable level. SAM is a sub-discipline of IT asset management . The International Organization for Standardization published its management system standard for asset management in 2014. The ISO 55000 series provides terminology, requirements, and guidance for implementing, maintaining and improving an effective asset management system. The key to forming
261-409: Is part of a financial company that employs experts who manage money and handle the investments of clients. This is done either actively or passively. Physical and Infrastructure asset management is the combination of management, financial, economic, engineering, and other practices applied to physical assets to provide the best value level of service for the costs involved. It includes the management of
290-423: The 2004 Summer Olympics , lies south of Alimos. The built-up area of Alimos is continuous with those of the neighbouring suburbs Palaio Faliro , Agios Dimitrios , Ilioupoli , Argyroupoli and Elliniko . Alimos has a large marina and several beaches. The main roads of Alimos are Poseidonos Avenue along the coast, Kalamakiou Avenue and Alimou Avenue. The nearest subway station is at Alimos metro station , in
319-613: The Hellenic Republic Asset Development Fund is in progress) Schinias Olympic Rowing and Canoeing Centre Markopoulo Olympic Equestrian Centre Galatsi Olympic Hall South Kavala Natural Gas Storage Corporate [ edit ] Hellenic Petroleum (35.5%) Hellenic Post Public Gas Corporation Land development [ edit ] Boutique Hotels Kassandra Golf ( Kassandra ) Peace and Friendship Stadium Privatisations [ edit ] Egnatia Odos S.A.,
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#1732797412284348-549: The periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally been used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers who manage
377-845: The Global Forum on Maintenance and Asset Management (GFMAM). Engineering asset management is a more recent term that is used to describe the management of complex physical assets, a specific engineering practice that is concerned with optimizing assets, in the context of the organizations goals and objectives, through using multidiscipline engineering methodologies, and Terotechnology (which includes management, engineering, and financial expertise), to balance cost, risk, and performance. Engineering asset management includes multiple engineering disciplines, including but not limited to maintenance engineering , systems engineering , reliability engineering , process safety management , industrial engineering , and risk analysis . Engineering asset management
406-463: The assets of a pension fund . The ISO 55000 series of standards, developed by ISO TC 251 , are the international standards for Asset Management. ISO 55000 provides an introduction and requirements specification for a management system for asset management. The ISO 55000 standard defines an asset as an "item, thing or entity that has potential or actual value to an organization". ISO 55001 specifies requirements for an asset management system within
435-467: The constraints upon such licenses, e.g. a period. If, for example, one licenses software, often the license is for a given period. Adobe and Microsoft both offer time-based software licenses. In both the corporate and consumer worlds, there is a distinction between software ownership and the updating of software. One may own a version of the software, but not newer versions of the software. Cellular phones are often not updated by vendors, in an attempt to force
464-404: The context of the organization, and ISO 55002 gives guidelines for the application of an asset management system, in accordance with the requirements of ISO 55001. The most frequent usage of the term portfolio manager (asset manager) refers to investment management , the sector of the financial services industry that manages investment funds and segregated client accounts . Asset management
493-458: The definition of enterprise asset management (EAM) by incorporating the management of all things of value to a municipal jurisdiction and its citizens' expectations. An example in which public asset management is used is land-use development and planning. Increasingly both consumers and organizations use assets, e.g. software, music, books, etc. where the user's rights are constrained by a license agreement. An asset management system would identify
522-616: The eastern part of the municipality. The western, coastal part of the municipality is connected with downtown Athens by the Tram . Alimos has a hot semi-arid climate ( Köppen climate classification : BSh ), bordering on a hot-summer Mediterranean climate ( Köppen climate classification : Csa ). Alimos experiences hot, dry summers and mild, wetter winters. Weather records for 2021- in Alimos (as of 1 November 2024) are given below: Alimos has two clubs with presence in panhellenic championships,
551-428: The entire life cycle—including design, construction, commissioning, operating, maintaining, repairing, modifying, replacing, and decommissioning/disposal—of physical and infrastructure assets. Operation and maintenance of assets in a constrained budget environment require a prioritization scheme. As a way of illustration, the recent development of renewable energy has seen the rise of effective asset managers involved in
580-491: The management of solar systems (solar parks, rooftops, and windmills). These teams often collaborate with financial asset managers in order to offer turnkey solutions to investors. Infrastructure asset management became very important in most of the developed countries in the 21st century, since their infrastructure network was almost completed in the 20th century and they have to manage to operate and maintain them cost-effectively. Physical, or Infrastructure Asset Management
609-1564: The operator of the A2 motorway TrainOSE ROSCO (railway maintenance company) Marinas of Alimos (concession of 40 years awarded to Ellaktor Ellinikon airport (see also Hellenikon Metropolitan Park ) DEPA Infrastructure Modiano Market References [ edit ] ^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek) . Retrieved 2022-11-29 . ^ "ΤΑΙΠΕΔ – ΤΑΜΕΙΟ ΑΞΙΟΠΟΙΗΣΗΣ ΙΔΙΩΤΙΚΗΣ ΠΕΡΙΟΥΣΙΑΣ ΤΟΥ ΔΗΜΟΣΙΟΥ ΑΕ" (in Greek) . Retrieved 2022-11-29 . ^ "Trainose and OLTH projects to end in 2016" . ekathimerini.com . 10 April 2016 . Retrieved 14 April 2016 . ^ "Direct Subsidiaries | Hellenic Corporation of Assets and Participations" . hcap.gr . Retrieved 2018-02-07 . ^ "The Hellenic Republic Asset Development Fund | Hellenic Corporation of Assets and Participations" . hcap.gr . Retrieved 2018-02-07 . ^ "TAIPED-owned 30% Stake in Athens Airport up for Sale" . 12 September 2019. ^ "Elpe – Shareholders Structure" . Helpe.gr . 2014-12-31 . Retrieved 2016-02-26 . ^ "Προχωρά άμεσα η πώληση των ΕΛΤΑ απο το ΤΑΙΠΕΔ" . Dikaiologitika.gr . 2014-11-04 . Retrieved 2016-02-26 . ^ "Δημόσια Επιχείρηση Αερίου Α.Ε. – Η ΕΤΑΙΡEΙΑ – Δομή Ομίλου" . Depa.gr . Archived from
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#1732797412284638-855: The original on 2016-03-13 . Retrieved 2016-02-26 . Retrieved from " https://en.wikipedia.org/w/index.php?title=Hellenic_Republic_Asset_Development_Fund&oldid=1255165762 " Categories : Privatization in Greece Privatization funds Government-owned companies of Greece Investment promotion agencies Financial services companies established in 2011 2011 establishments in Greece Greek government-debt crisis Hidden categories: CS1 Greek-language sources (el) Articles with short description Short description matches Wikidata Articles containing Greek-language text Asset management Theory of asset management primarily deals with
667-547: The original on 2016-10-01 . Retrieved 2016-02-26 . ^ "Completion of the EESSTY SA sale to TRAINOSE SA" . Archived from the original on 2021-04-24 . Retrieved 2022-01-03 . ^ "Greece's Alimos Marina Concession a Done Deal" . 31 December 2020. ^ "Minister: Hellinikon Casino, Hotels, Skyscrapers Ready for Construction" . 16 June 2020. "Vision | Hellenic Republic Asset Development Fund" . Hradf.com . Archived from
696-616: The suburban seaside town of Kalamaki ( Greek : Καλαμάκι ), and the inland community of Trachones ( Greek : Τράχωνες ). Alimos had 43,174 inhabitants in the 2021 census. The first settlements uncovered by archeologists in Alimos date back to the Neolithic period , and the excavation site can be found in the region of Euonymeia (Ano Kalamaki), immediately by the Vouliagmenis Avenue . In classical antiquity, Halimous ( Ancient Greek : Ἁλιμοῦς ; also Alimous , Ἀλιμοῦς )
725-653: The typical physical assets or infrastructure assets, the soft assets might include permits, licenses, brands, patents, right-of-ways, and other entitlements or valued items. The EAM system is only one of the 'enablers' of good asset management. Asset managers need to make informed decisions to fulfill their organizational goals, this requires good asset information but also leadership, clarity of strategic priorities, competencies, inter-departmental collaboration and communications, workforce, and supply chain engagement, risk and change management systems, performance monitoring, and continual improvement. Public asset management expands
754-403: The use of geographic information systems (GIS) . GIS-centric asset registry standardizes data and improves interoperability, providing users the capability to reuse, coordinate, and share information efficiently and effectively. A GIS platform combined with information of both the "hard" and "soft" assets helps to remove the traditional silos of departmental functions. While the hard assets are
783-766: The water polo club N.O. Kalamaki with presence in A1 Ethniki and the football club Trachones F.C. with presence in Gamma Ethniki . In Alimos is located the Byzantine Sport Center that is used by the two sport clubs come from Constantinople , A.O. Tataula and A.S. Pera . These clubs settled in Alimos in 1973 and have many honours in Greek Table Tennis Championship . The commercial activity in Kalamaki or Alimos
812-567: Was a fishing town on the outskirts of the city-state of Athens and constituted one of the demes of Attica . The area of Ano Kalamaki, known as Euonymeia , constituted a distinct settlement, which in classical antiquity became the urban ( asty ) Deme of Euonymos . Testament to its development during this period are the ruins of the amphitheater of Euonymos, quite unusual in the ancient world in its rectangular design. The site can be found on Archaiou Theatrou Street in Ano Kalamaki (just
841-410: Was part of the community of Brachami until 1927, when it became a separate community. The community Kalamaki was abolished in 1968, when the municipality Alimos was founded. Alimos has public and private schools of grades, apart from higher education, in several places throughout the city. The city has 12 public kindergartens , 8 public elementary schools , 6 public Junior High Schools (including
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