MUNICH (dpa-AFX) - German engineering group Siemens said on Wednesday it
would open a new research and innovation centre on a satellite campus
of the Technical University of Munich.

In the first phase of the project, around 450 Siemens employees will
work alongside some 150 scientists from the university, the company
said.

A second phase with a further 630 researchers and patent experts is
due to be put into operation at the site in Garching, north of
Munich, in 2027.

Siemens is investing a total of around ?100 million ($106 million) in
the project.

The new site will be used for centralised research across the
individual business units, Siemens said.


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