Gradišče Retirement Home
Gradišče Retirement Home in Dornberk, a public institution established in 1982, embarked on a comprehensive renovation project with the goal of modernising its facilities and improving the quality of life for its residents. As part of this effort, the institution launched a full-scale energy renovation of the retirement home. Funding was secured through the Cohesion Fund, while the remaining financing required to complete the project was provided through the Loan Programme for Comprehensive Energy Renovation of Public Buildings, a financial instrument under the Fund of Funds managed by SID Bank. The project will improve functionality, enhance energy efficiency, reduce operating costs, and lower greenhouse gas emissions.
Gradišče Retirement Home provides institutional care, basic and additional support services, healthcare and nursing services, occupational therapy, as well as a range of social, cultural, and recreational activities for 143 residents. Residential care facilities represent one of the oldest organised forms of social care for older people who, due to age, physical limitations, or other circumstances, are unable to live independently or within their family environment. Over time, the building had deteriorated significantly, becoming energy-intensive, poorly insulated, and equipped with outdated and inefficient lighting systems.
The energy renovation will deliver long-term savings in heating and operating costs through the replacement of ageing heating systems and equipment, improved ventilation, and enhanced thermal insulation. These improvements will contribute to a higher standard of living and greater comfort for residents and staff alike.
All applicable European and national environmental regulations were taken into account during the planning, implementation, and future operation of the investment project. As a result, the renovation is not expected to generate environmental impacts beyond permitted limits. The project incorporates principles of efficient use of natural resources, environmental performance, sustainable accessibility, and the reduction of environmental impacts, contributing to a more sustainable and energy-efficient future.
“Among all the banks that submitted financing offers, SID Bank provided the most favourable terms. The key factors for us were the low interest rate, the absence of loan approval fees, and the repayment moratorium. Our cooperation with their team has been excellent from the very beginning. They provided all the support we needed throughout the long-term loan approval process, and we are confident that this positive partnership will continue in the future. SID Bank’s support made it possible for us to successfully implement the Energy Renovation of Gradišče Retirement Home project.”
Through this investment, SID Bank is helping a public institution deliver significant benefits in the areas of social welfare, economic development, and environmental sustainability.
The comprehensive energy renovation will undoubtedly improve the quality of life of the residents, reduce the home's operating costs, and contribute to the achievement of important environmental objectives.