GARCHING (dpa-AFX) - Siemens is opening a new research site at the university campus in Garching near Munich. In the completed first construction phase of the project, around 450 Siemens employees will conduct research into future technologies with 150 scientists from the Technical University of Munich, the company announced on Wednesday. A second construction phase with a further 630 researchers and patent experts is due to be put into operation in 2027.

Siemens is investing a total of around 100 million euros in Garching. The new site will be used for centralized research across the individual business units. According to Siemens, it will be the largest in the Group in this area./ruc/DP/stk