{"id":128244,"date":"2020-05-08T13:49:57","date_gmt":"2020-05-08T11:49:57","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/notas-prensa\/ferrovial-allocates-funds-covid\/"},"modified":"2020-05-08T13:49:57","modified_gmt":"2020-05-08T11:49:57","slug":"ferrovial-allocates-funds-covid","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en-gb\/press-releases\/ferrovial-allocates-funds-covid\/","title":{"rendered":"Ferrovial allocates an initial first \u20ac3.5 million tranche of the \u201cFerrovial Juntos COVID-19\u201d funds to healthcare equipment, research and social assistance"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <ul>\n<li>More than \u20ac2 million will be used to buy equipment for donation to the health services in Spain and the United Kingdom<\/li>\n<li>Over \u20ac1 million will go to social assistance for vulnerable groups in Spain, the United States and the United Kingdom<\/li>\n<li>\u20ac400,000 will fund research projects in Spain and the United States<\/li>\n<li>The fund, which is still open for donations, will be endowed with up to \u20ac10 million by Ferrovial<\/li>\n<\/ul>\n<p>Ferrovial has announced the distribution of the first tranche of the \u201cFerrovial Juntos COVID-19\u201d fund, amounting to \u20ac3.47 million, to institutions fighting the pandemic in the social, healthcare and research fields in Spain, the United Kingdom and the United States.<\/p>\n<p>In the area of healthcare, the company has allocated \u20ac2 million to buy 700,000 FFP2 masks and 70 ventilators for donation to the Spanish regions of Madrid, Valencia, Andalusia, Castilla-La Mancha, Galicia and Cantabria. It has also donated 20 ventilators, worth \u20ac60,000, to the UK&#8217;s National Health Service (NHS).<\/p>\n<p>This pandemic is having a considerable impact on vulnerable families in need of immediate support to cover basic needs such as food, hygiene products and medicines, so the company has decided to allocate \u20ac1 million of this first tranche to support prestigious institutions working in this area. The beneficiaries are C\u00e1ritas, in Spain; eight Food Banks in the United States; and SSAFA Emergency Response Fund, The Lighthouse Club Construction Charity, and The Trussell Trust, in the United Kingdom. Additionally, it has donated \u20ac10,000 to Fundaci\u00f3n del Colegio de Ingenieros de Caminos to support professionals directly affected by the pandemic.<\/p>\n<p>The final part of this first tranche, amounting to \u20ac400,000, will support research to develop a vaccine for the SARS-CoV-2 coronavirus, which is the cause of the COVID-19 pandemic. Spain&#8217;s National Center for Biotechnology, which is part of the Spanish National Research Council (CSIC), will receive \u20ac250,000 for two vaccine development projects. One is based on reconstructing the virus genome from chemically synthesized DNA fragments. The second seeks to develop a vaccine based on the S protein. Another center that will also benefit from these funds, with a contribution of 150,000 euros, is Baylor College of Medicine, in Texas, which is currently working on a vaccine to modify the virus proteins.<\/p>\n<p>The distribution of funds by countries to date is as follows: Spain, \u20ac2,510,000; United States, \u20ac650,000; and the United Kingdom, \u20ac310,000.<\/p>\n<p>Ferrovial set up the \u201cFerrovial Juntos COVID-19\u201d fund with an initial endowment of \u20ac5 million from the company. At the same time, it launched a drive to raise funds among employees, directors, shareholders, contractors, suppliers and anyone wishing to make a donation. The company will double any contributions up to a total contribution of \u20ac10 million.<\/p>\n<p>To date, the \u201cFerrovial Juntos COVID-19\u201d has raised \u20ac1,245,675, to which Ferrovial will contribute double that amount, i.e. \u20ac2,491,349, raising the total amount contributed to the fund, including Ferrovial&#8217;s initial \u20ac5 million endowment, to \u20ac8,737,024.<\/p>\n<p>When it announced the creation of the fund, Ferrovial undertook to be totally transparent in its decisions. To date, considering the first tranche, the company has distributed a total of \u20ac3,470,000, with the result that, as of today, \u20ac5,267,024 remain to be distributed. In the coming weeks, Ferrovial will provide updates on how its Juntos COVID-19 fund is used.<\/p>\n<p><strong>A commitment to fighting COVID-19<\/strong><\/p>\n<p>The company is strongly committed to combating the pandemic, having participated in a number of initiatives, such as setting up a 5,500-bed temporary hospital at the Madrid convention center, and developing the \u201cCoronaMadrid\u201d website and app, along with other companies, in partnership with the Madrid Regional Government, to facilitate patient diagnosis and monitoring so as to avoid saturating the healthcare facilities and reduce the numbers requiring emergency care. It also installed drive-in testing centers in the Balearic Islands. In Madrid and Santander, it has made 830 parking spaces available free of charge to healthcare workers.<\/p>\n<p><strong>DONATIONS \u201cFERROVIAL JUNTOS COVID-19\u201d: First Tranche. 8\/05\/2020<\/strong><\/p>\n<p><strong>Healthcare Equipment<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"242\"><strong>Organization<\/strong><\/td>\n<td width=\"116\"><strong>Amount (Euros)<\/strong><\/td>\n<td width=\"344\"><strong>Equipment<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Salud Madrid<\/p>\n<p>(Spain)<\/td>\n<td width=\"116\">1.000.000<\/td>\n<td width=\"344\">300.000 FFP2 masks<\/p>\n<p>70 respirators<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Servicio Andaluz de Salud (Spain)<\/td>\n<td width=\"116\">375.000<\/td>\n<td width=\"344\">150.000 FFP2 masks<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Servicio Gallego de Salud (Spain)<\/td>\n<td width=\"116\">200.000<\/td>\n<td width=\"344\">80.000 FFP2 masks<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Agencia Valenciana de Salud (Espa\u00f1a)<\/td>\n<td width=\"116\">200.000<\/td>\n<td width=\"344\">80.000 FFP2 masks<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Servicio de Salud de Castilla-La Mancha (Spain)<\/td>\n<td width=\"116\">125.000<\/td>\n<td width=\"344\">50.000 FFP2 masks<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">Servicio C\u00e1ntabro de Salud (Spain)<\/td>\n<td width=\"116\">100.000<\/td>\n<td width=\"344\">40.000 FFP2 masks<\/td>\n<\/tr>\n<tr>\n<td width=\"242\">National Health Service (United Kingdom)<\/td>\n<td width=\"116\">60.000<\/td>\n<td width=\"344\">20 respirators<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Research<\/strong><\/p>\n<table width=\"705\">\n<tbody>\n<tr>\n<td width=\"246\"><strong>Organization<\/strong><\/td>\n<td width=\"113\"><strong>Amount (Euros)<\/strong><\/td>\n<td width=\"346\"><strong>Project<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Centro Nacional de Biotecnolog\u00eda (CSIC) (Spain)<\/td>\n<td width=\"113\">250.000<\/td>\n<td width=\"346\">Research for two vaccine development projects<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Baylor University (Houston. USA)<\/td>\n<td width=\"113\">150.000<\/td>\n<td width=\"346\">Research for vaccine development project<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Social<\/strong><\/p>\n<table width=\"708\">\n<tbody>\n<tr>\n<td width=\"255\"><strong>Organization<\/strong><\/td>\n<td width=\"104\"><strong>Amount (Euros)<\/strong><\/td>\n<td width=\"350\"><strong>Project<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"255\">C\u00e1ritas (Espa\u00f1a)<\/td>\n<td width=\"104\">250.000<\/td>\n<td width=\"350\">Aid for families, elderly and homeless in Alcal\u00e1 de Henares, Getafe, Huelva, Madrid, M\u00e1laga, Santander, Santiago de Compostela, Sevilla, Valencia<\/td>\n<\/tr>\n<tr>\n<td width=\"255\">Fundaci\u00f3n Colegio de Caminos (Spain)<\/td>\n<td width=\"104\">10.000<\/td>\n<td width=\"350\">Aid of member affected COVID-19<\/td>\n<\/tr>\n<tr>\n<td width=\"255\">The Trussell Trust (UK)<\/td>\n<td width=\"104\">150.000<\/td>\n<td width=\"350\">Food Bank of Vauxhall, Glasgow, Sheffield, South Liverpool, Cardiff.<\/td>\n<\/tr>\n<tr>\n<td width=\"255\">SSAFA Emergency Response Fund (UK)<\/td>\n<td width=\"104\">50.000<\/td>\n<td width=\"350\">Aid to vulnerable personnel of the British Armed Forces<\/td>\n<\/tr>\n<tr>\n<td width=\"255\">Lighthouse Construction Charity (UK)<\/td>\n<td width=\"104\">50.000<\/td>\n<td width=\"350\">Aid to Construction workers<\/td>\n<\/tr>\n<tr>\n<td width=\"255\">Food Bank (USA)<\/td>\n<td width=\"104\">500.000<\/td>\n<td width=\"350\">Foundation for Fairfax Public Schools (VA); Houston Food Bank, Tarrant Area Food Bank, North Texas Food Bank, Central Texas Food Bank (TX); Atlanta Food Bank (GA); Kern County Food Bank (CA); Second Harvest (NC)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":128246,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[2641,2703,2659,2704,2675],"nivel-5":[],"nivel-1":[],"nivel-3":[2698,2642,2705],"nivel-4":[],"class_list":["post-128244","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","nivel-2-corporate-en-gb","nivel-2-covid19-en-gb","nivel-2-infrastructures-en-gb","nivel-2-international-development-en-gb","nivel-2-social-action-en-gb","nivel-3-spain-en-gb","nivel-3-uk-en-gb","nivel-3-united-states-en-gb"],"acf":[],"yoast_head":"<title>Ferrovial allocates an initial first \u20ac3.5 million tranche of the \u201cFerrovial Juntos COVID-19\u201d funds to healthcare equipment, research and social assistance<\/title>\n<meta name=\"description\" content=\"Ferrovial has announced the distribution of the founds obtained through its Ferrovial Juntos Sumamos Fund in Spain United Kingdom 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