On September 21, Passerinvest Group has announced it invested CZK 275 million in 2020 and the first half of 2021 in the public space of BB Centrum in Prague.
According to the company, the amount did not include any state or other subsidies and was used for repairs on Zeletavska Street, the construction of the new Namesti Ellen G. Whiteove, the installation of the moving sculpture Brouk (Beetle), and the reconstruction of Balance Club Brumlovka.
“From great gratitude to God for his gift of salvation and eternal life, we try to construct our buildings so that it brings both glory to the heavenly Father and a friendly environment to people. It is only a great grace of God that motivates us to invest these amounts into creating a beautiful and sustainable atmosphere, going much further than the often hypocritical agenda of the ESG and the ‘green deal’,” commented Passerinvest Group Founder and CEO Radim Passer. “In the almost quarter of a century when we have been gradually turning a once unsightly brownfield into the representative and sustainable urban neighborhood of Brumlovka, we have often been convinced that it is the non-commercial investments that shape and add value to the area. BB Centrum can serve as an example of a successful project that has not been without God’s help and has contributed more than CZK 50 billion to the state budget after the inclusion of multiplication effects.”