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Social projects for people in need have received support of 30,000
Bulstrad Life Vienna Insurance Group donated the amount of received prize for social conscience

(24 January 2018, Sofia) As part of the initiative of Bulstrad Life Vienna Insurance Group “Stories of Goodness” presented by the company in the summer of 2017, four social projects received grants in aid of a total amount of € 30,000.

The funding the project of “Bcause” Foundation and “Northwest Project” Foundation will allow the establishment of home social patronage based in the village of Lutybrod, which will deliver food, domestic care, social support and health services to over 300 elderly people living alone in the mountain region of the Iskar Gorge in the region of Mezdra Municipality. The project includes the renovation of a building provided by the Municipality of Mezdra, launching of social kitchen and with domestic assistants’ activities in 7 villages. In long-term view this will enable establishing of a sustainable social service for older people in the region who live in small settlements.

The social causes "Children's House gives hope for a new start" and "The childhood needs a family" of "Our Children" Foundation are also long-term projects that Bulstrad Life Vienna Insurance Group will support in 2018.

The Children's house is a real home that the "For Our Children" Foundation opens in 2015. It is an alternative to living in an institution for abandoned babies who live in the house in anticipation of being adopted, returned to their family or accommodated in a foster family. For various reasons, these children can not be raised by their biological parents, and adoption or foster care can be a long process during which children are at risk of staying in an institution.
At the same time every day thousands of parents in Bulgaria face different challenges in raising their children. Most often, they look after children with disabilities or development delays, experience serious financial difficulties, endure family crises or are single parents. Through its public support centers, “For Our Children” Foundation provides free access to a wide range of social services and specialists, various types of rehabilitation, material support, etc. to children and their families in need.

Bulstrad Life Vienna Insurance Group also supports the “Health and Social Development” Foundation (HESED) project “Lecker”, which will equip a healthy cooking kitchen and will start training of the Roma community parents in the preparation of healthy food suitable for children's age and needs. In a long-term perspective, the implementation of the initiative will contribute to building parental competence and protecting children's health. It will also aim to create a new "fashion" changing the social norms for responsible parenting among the young mothers.

The amount donated by Bulstrad Life Vienna Insurance Group in support of the four causes is granted by the fund to the second prize of Dr. Günther Geyer for social conscience, which the company received in the summer of 2017.

The company has won the prestigious prize for the second time in four years. In 2013, the company was awarded the third prize and used the 20,000-euro grant to support social projects focused on the most vulnerable members of the society - disadvantaged children and young people. The funds for the prize fund are provided by the main shareholder of Vienna Insurance Group - Wiener Städtische Wechselseitige Versicherungsverein, Austria.

More information about the award:

The Günter Geyer Award for Social Conscience is conferred by Wiener Städtische Wechselseitige Versicherungsverein, the Vienna Insurance Group’s main shareholder. It recognises Group companies that have excelled in their commitment to social responsibility and stimulates social engagement as part of day-to-day business practice. Every year, three Group companies are awarded with prize money totalling EUR 100,000 which is dedicated to promote further social projects.
Vienna Insurance Group (VIG) is one of the leading insurers in Central and Eastern Europe.
It embraces the responsibilities which this position brings by supporting a wide variety of social projects. VIG’s approach is to encourage its staff to take the initiative, whether it be by supporting senior citizens, the disabled or disadvantaged children. Wiener Städtische Wechselseitige Versicherungsverein, the Vienna Insurance Group’s main shareholder, can look back proudly on a long tradition of helping socially disadvantaged members of society, and actively supports Group companies in their work to help those who are less fortunate.
This commitment can be traced back to the founding of the company in the nineteenth century, and VIG continues to fully honour it, even in difficult economic times. VIG companies are reliable partners who hold dear the values of protection and security as well as tolerance and equality. The Group also fosters art and culture within the countries and regions in which it is active. VIG and its main shareholder has had a valuable impact over the years through their support of a diverse range of social and cultural projects. In order to achieve this, Group companies adapt their corporate social responsibility activities to local conditions and needs.
However, all of them maintain the Group's focus on supporting socially disadvantaged children, culture and the arts and charitable organisations.
More about Wiener Städtische Wechselseitige Versicherungsverein – the main shareholder of the Vienna Insurance Group and initiatives that support can be found at: http://www.wst-versicherungsverein.at/en/

More information about organizations implementing social projects supported by the company:

BCause Foundation is an expert organization, a recognized leader with over 20 years of experience at national and international level. It encourages people, organizations and communities to transform life by developing donation and social investment. Works on a variety of projects to support children, young people and the elderly in a disadvantaged position. For more information: www.bcause.bg.

Northwest Project Foundation aims to develop sustainable services and support for the elderly and, in parallel, to develop local capacity and knowledge. It works for the Northwest people to live dignified, adults to have their own independence, and young people for development. For more information: ttps://severozapad.net

For Our Children Foundation, since 1992, it supports vulnerable children and their families. The organization works with 6 of the largest maternity wards in Sofia and Plovdiv to prevent the abandonment of newborns. It introduces foster care in Bulgaria and creates the first specialized Foster Care Center in Bulgaria. For more information: www.detebg.org.

The Health and Social Development Foundation (HESED) was established in 1998. and specializes in the development and implementation of a new approach for the successful integration of the Roma community in Bulgaria. The programs are aimed at children and their parents to develop skills to address the requirements of the education system and the labor market. For more information: www.hesed.bg.

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