JCDecaux is contributing €20 million (AU$31 million) to the restoration of the Notre-Dame Cathedral in Paris, following the fire that destroyed much of the iconic French site.
The cause of the fire is still unknown, but is expected to be related to ongoing restoration efforts being carried out at the time. The blaze, which broke out on Tuesday, caused the spire and roof to collapse but the main structure of the 800 year-old building was saved.
Now, management and investment company JCDecaux Holding will provide €20 million to the funds being collected to restore the cathedral.
JCDecaux SA will use its advertising spaces to provide national and global visibility for fundraising schemes to rebuilt the French national treasure.
It will also provide the French government and authorities with the skills of its creative, architecture and finance teams to help with rebuilding it as much as required.
The company is also offering to match the full amount of donations from its employees and contribute the equivalent of one year's subscription to the funds being collected by the French Association of Private Companies with its member companies.
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