The campus could help strengthen the eastern German mining region of Saxony, which is still very dependent on coal as a source of income and jobs, and will be heavily affected by the country’s planned exit from coal-fired power generation
The German industrial company previously considered closing its plant in Goerlitz but abandoned the plan after protests, according to Handelsblatt.
Siemens’ CEO Joe Kaeser will unveil a detailed plan for the site on Monday and will be joined by German chancellor Angela Merkel and minister president of Saxony Michael Kretschmer, the magazine reports.