Alina Oprea • 28 September, 2023 at 2:16 PM
The energy group E.ON is financing the construction of a school for 240 children in a city badly affected by the earthquake in Turkey. Eight classrooms, including sports facilities and a school garden, will be built by the end of 2023. In addition, there will be facilities for sports activities and a school garden. E.ON employees and the company donated more than €1.1 million to help earthquake victims.
"Energy company E.ON, based in Essen, Germany, and its employees are financing the construction of a primary school in the Turkish city of Hatay, which was severely affected by the devastating earthquakes of February 2023. Immediately after their occurrence, the company launched a campaign of group-wide fundraisers, attended by several E.ON units and numerous employees. The new building includes eight classrooms for a total of 240 primary school children and will be completed by early 2024," the group announced.
E.ON's Turkish subsidiary EnerjiSA and its employees decided to use the donated amount of over €1.1 million. The attractive market environment has allowed E.ON to significantly pre-finance funding needs for the upcoming financial year 2024, while the funding requirement for 2023 was already covered with €1.8 billion in bonds in January.
"The sheer scale of the disaster has massively affected many of our customers, colleagues, and their families. We are all very affected by this. Through the construction of the new school, we want to support local families, making it possible to continue classes for children", says Victoria Ossadnik, a member of the Board of Directors of E.ON SE.
On the ground, the construction of the school is coordinated and supervised by the Sabanci Foundation, the non-profit organization of the Turkish industrial and financial conglomerate Sabanci. Together, Sabanci and E.ON are the main shareholders of the joint venture EnerjiSA.
"Thank you to E.ON and its employees for their unbureaucratic help. It is extremely important for the families in Hatay and the other destroyed towns that their children can go back to school in the near future. This remarkable project is based on great mutual trust and strengthens the connection between the companies", says Murat Pinar, CEO of EnerjiSA.