- Investment of €1 billion planned in Germany, €500 million for new Technology Campus in Erlangen
- Part of €2 billion global investment strategy in 2023 for boosting growth, innovation and resilience across all regions
- Further investments in Europe and the U.S.
- New campus to become global development and manufacturing hub and nucleus for technology activities for industrial metaverse
- Erlangen location to promote and accelerate ecosystem of partners from business and scientific communities
- Transition to environmentally sustainable net-zero location
Siemens is rigorously executing its announced €2 billion investment strategy. Of this amount, the company plans to invest around €1 billion in Germany, thereby boosting the country’s innovative strength. In the presence of German Chancellor Olaf Scholz, the technology company today announced the establishment of its new Technology Campus in Erlangen, Germany, with investments of around €500 million in the expansion of development and manufacturing capacities. As a result, Siemens is establishing the Erlangen location as a global research and development hub and the nucleus of global technology activities for the industrial metaverse. These steps will enable Siemens to accelerate its overall growth, drive innovation and increase its resilience.
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