Siemens will invest 300 million euros in Germany to expand technological capacity for AI data centers and other uses.

Investment projects include the construction of a new supplier facility in Offenbach, Germany, as well as the expansion of two existing factories in Frankfurt. Construction is scheduled to begin in July this year, and the supplier facility is expected to become operational in the spring of 2027. This investment project will create 700 new jobs by the end of 2030.