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RENSO

Renso provides real estate, premises, and investments under stable and fair conditions for social economy entities or organizations addressing societal challenges (mainly in the areas of affordable housing, education, and work with vulnerable groups). In this way, Renso creates a permanent foundation for social work and public-benefit activities in the long term. It ensures that these organizations no longer feel instability stemming from the fear of losing the roof over their heads.

The idea is based on the fact that for most social economy entities, it is very difficult to obtain sufficient capital to acquire investment-intensive assets such as premises, buildings, or technologies that they necessarily need to carry out their activities with a positive social impact. Social economy actors cannot compete in the real estate market, and it is significantly harder for them to meet the same requirements that banks impose on commercial loan applicants. Such marginalization on the market, places their valuable and demanding work under constant existential threat and often pushes it to the periphery—not only physically, but also in terms of public interest and recognition.

Renso also renovates unused and neglected buildings, thereby reducing emissions compared to new construction and contributing to the regeneration of the surrounding environment. It also employs people from vulnerable groups, changing not only their lives but also the lives of their families.

The first examples of Renso’s cooperation with projects with a positive impact are:

  • The civic association Antira, which works with children from children’s homes, including young people leaving institutional care who need affordable housing and receive support from Antira (Radvaň, Banská Bystrica).

  • The civic association Kompas (Sokolovňa Nové Zámky).

  • Assisted living for seniors in Skalica and Prievidza in cooperation with the company Silvers (under construction).

RENSO

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