Start Europe 600 million project for Berlin „Siemensstadt“ approved

600 million project for Berlin „Siemensstadt“ approved

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The German industrial group Siemens wants to convert the site of the historic „Siemensstadt“ in Berlin for up to 600 million euros into a technology park as a field of experimentation for working, living and living. Siemens agreed today with the Berlin Senate on the prestige project, as CEO Joe Kaeser and the Governing Mayor of Berlin Michael Müller (SPD) announced.

The industrial area in the Spandau district, which has been dominated by brick buildings on which Siemens has been producing since 1897, is to be rebuilt into an „urban district of the future“ by 2030. „The Senate of Berlin has convincingly demonstrated that it wants such a major project,“ said Siemens CEO Cedrik Neike. Mayor Müller spoke of a „show of strength“.
Largest location with 11,400 employees

The German Minister of Economics Peter Altmaier (CDU) said that the Campus project is „a great success and an award for the economic and innovation location of Germany“. Affordable apartments are to be built on the 70-hectare site in the west of Berlin, but university research is also to be carried out there and space for start-ups. The factories of Siemens, which are partly listed, have been preserved.

The „Siemensstadt“ was created around 120 years ago, when the expanding company needed space for its factories and built company housing for its employees. Berlin, where Siemens was founded in 1847, is still the world’s largest production site for the group with 11,400 employees and official headquarters next to Munich.