EYDAP

The Athens 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 Athens, it is serving 4.3 million customers in the metropolitan area of Athens with fresh water and 3.5 million customers with sewers.^[4]

Athens Water Supply and Sewerage Company

Trade name	EYDAP
Native name	Εταιρεία Ύδρευσης και Αποχέτευσης Πρωτεύουσας
Romanized name	Eteria Ydrefsis ke Apohetefsis Protevusas
Company type	State owned
Traded as	Athex: EYDAP
Industry	Water industry
Founded	1980 (1980)
Headquarters	Galatsi, Athens , Greece
Area served	Metropolitan area of Athens
Key people	Theodora Varvarigou (Chairman) Harry Sachinis (CEO)[1]
Services	Water Supply & Sewerage
Revenue	€330.32 million (2020)[2]
Operating income	€(92.18) million (2020)[2]
Net income	€(66.10) million (2020)[2]
Total assets	€1.613 billion (2020)[2]
Total equity	€827.81 million (2020)[2]
Owner	HRADF (61.33%) Paulson & Co. (9.99%)[3]
Number of employees	2637 (2020) [2]
Website	www.eydap.gr/en

Company

EYDAP was founded in 1980 after the merge of the two water suppliers Hellenic Water Company (EEY) and Greater Athens 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.^[5] Following this decision, a merger of EYDAP with the Thessaloniki Water Supply & Sewage Co. (EYATH) was taken into consideration instead.^[6]