-
Carbon capture promoters turn up in numbers at COP30: NGO
-
Japan-China spat over Taiwan comments sinks tourism stocks
-
No Wemby, no Castle, no problem as NBA Spurs rip Kings
-
In reversal, Trump supports House vote to release Epstein files
-
Gauff-led holders USA to face Spain, Argentina at United Cup
-
Ecuador voters reject return of US military bases
-
Bodyline and Bradman to Botham and Stokes: five great Ashes series
-
Iran girls kick down social barriers with karate
-
Asian markets struggle as fears build over tech rally, US rates
-
Australia's 'Dad's Army' ready to show experience counts in Ashes
-
UN Security Council set to vote on international force for Gaza
-
Japan-China spat sinks tourism stocks
-
Ecuador voters set to reject return of US military bases
-
Trump signals possible US talks with Venezuela's Maduro
-
Australian Paralympics gold medallist Greco dies aged 28
-
Leftist, far-right candidates go through to Chilean presidential run-off
-
Zelensky in Paris to seek air defence help for Ukraine
-
Bangladesh verdict due in ex-PM's crimes against humanity trial
-
A pragmatic communist and a far-right leader: Chile's presidential finalists
-
England ready for World Cup after perfect campaign
-
Cervical cancer vaccine push has saved 1.4 million lives: Gavi
-
World champion Liu wins Skate America women's crown
-
Leftist leads Chile presidential poll, faces run-off against far right
-
Haaland's Norway thump sorry Italy to reach first World Cup since 1998
-
Portugal, Norway book spots at 2026 World Cup
-
Sinner hails 'amazing' ATP Finals triumph over Alcaraz
-
UK govt defends plan to limit refugee status
-
Haaland's Norway thump Italy to qualify for first World Cup since 1998
-
Sweden's Grant captures LPGA Annika title
-
Tuchel lays down law to Bellingham after England star's frustration
-
Sinner caps eventful year with ATP Finals triumph over great rival Alcaraz
-
Portugal book spot at 2026 World Cup as England stay perfect
-
Hakimi, Osimhen, Salah shortlisted for top African award
-
Sinner beats great rival Alcaraz to retain ATP Finals title
-
Schenk wins windy Bermuda Championship for first PGA title
-
Crime, immigration dominate as Chile votes for president
-
Kane double gives England record-setting finish on road to World Cup
-
World champions South Africa add Mbonambi, Mchunu to squad
-
Greenpeace says French uranium being sent to Russia
-
'Now You See Me' sequel steals N. American box office win
-
Argentina beat Scotland after frenzied fightback
-
Argentina beat Scotland after stunning fightback
-
Pope urges leaders not to leave poor behind
-
Pressure will boost Germany in 'knockout' Slovakia clash, says Nagelsmann
-
Ecuador votes on hosting foreign bases as Noboa eyes more powers
-
Portugal qualify for 2026 World Cup by thrashing Armenia
-
Greece to supply winter gas to war battered Ukraine
-
India and Pakistan blind women show spirit of cricket with handshakes
-
Ukraine signs deal with Greece for winter deliveries of US gas
-
George glad England backed-up haka response with New Zealand win
German giant Siemens to revive historic base in Berlin
German industrial giant Siemens on Tuesday launched an urban development project worth 4.5 billion euros ($4.8 billion) in the area of Berlin known as Siemensstadt, where the company enjoyed its pre-war heyday.
The Siemensstadt Square "district of the future" will include new living space for up to 7,000 people and create 20,000 additional jobs at the site, where Siemens still manufactures today, the company said.
Siemensstadt Square "aims to link the worlds of work and research, housing and life in a new way -- worlds that were already brought together in the historic Siemensstadt", Chancellor Olaf Scholz said at the launch of the project.
The development embodies "the future of Berlin and German industry", he said.
The 76-hectare site, due to be completed by 2035, will include homes, factories and research centres as well as offices, shops and educational, sports and leisure facilities.
The project is a way of "reconciling uses" and showing that "industrial activity still has a place in our cities", said Roland Busch, CEO of Siemens.
Siemens built a series of factories on the outskirts of Berlin at the turn of the 20th century, with thousands of employees working in them to produce cables, motors and electric pumps.
They were soon followed by housing for workers and the area became known as Siemensstadt (Siemens town) from 1914, a name it still bears today.
The area prospered until the 1930s but the destruction of World War II, the division of the city and then the building of the Berlin Wall in 1961 put the brakes on further development.
With some 380,000 employees, Siemens has in recent years refocused its business towards digital technology, moving away from the production of heavy industrial equipment.
In another sign of the changing times, the group will not be building housing for its employees in the new development as it did a century ago.
Instead, the 2,500 homes planned will be built by developers.
But Siemens is still billing the development as a return to its Berlin roots, stressing that the company's 750- million-euro contribution to the project is its "largest-ever single investment in Berlin".
Q.Najjar--SF-PST