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 Clearstream

More than two dozen Clearstream employees spent Friday improving children’s home Foyer Sainte Elisabeth in Esch-Alzette as part of the firm’s annual “Social Day”.

The centre is home to infants, children and teens. Thirty staffers--who were all paid their regular salaries despite spending the day volunteering--constructed swings, a “pirate” climbing set and did other work on the children’s playground, as well as re-floored several common rooms used by toddlers and older children, a company spokespeople have told Delano.

The materials were all paid for by Kirchberg-based Clearstream, a securities industry service provider owned by the Deutsche Börse Group.

“In times when budgets are scarce and funding not always easy to find, private sector initiatives are very welcome to help us in our efforts to provide the best conditions to our children and young people to grow up in a nice, secure and educational environment,” Jean-Marie-Kirchen, the home’s director, said in a press statement.

Friday marked Clearstream’s 8th annual social day. Volunteers have previously completed renovation projects--such as insulating classrooms, laying tiles and covering a playground--at the SOS Children’s Village centres in Erpeldange and Mersch, and the Kannerland children’s day centre in Limpertsberg.

Nancy Schwartz, head of the Clearstream charity committee, called this year’s event a “win-win-win situation” in a statement. The firm’s “employees are motivated by being able to help the local community; the business gains from this as team-building also comes into good play, and, most importantly, the organisations that we support with our volunteer work benefit from projects that otherwise could not be realised within their own budgets.”