Siemens Energy Invests €220 Million to Expand Nuremberg Facility, Boosting Germany's Energy Infrastructure

Siemens Energy has announced a €220 million investment to expand its transformer manufacturing facility in Nuremberg, Germany. The three-year project aims to increase the plant's production capacity by approximately 50% and create 350 new jobs. The Nuremberg plant, operational since 1912, currently employs around 1,000 workers.

"Germany remains attractive when business and politics jointly take responsibility," said Siemens Energy CEO Christian Bruch. Over the past three years, Siemens Energy has invested around €1 billion in Germany.

The Free State of Bavaria is supporting the expansion with up to €20 million in technology funding, aiming to strengthen Nuremberg as a hub for innovation, research, and development. Dr. Markus Söder, Bavarian Minister President, stated, "Nuremberg is becoming a hub for the energy transition: With an investment of €220 million, Siemens Energy is creating 350 modern jobs in a place that has been successfully shaping energy history for over a century."

This investment is part of Siemens Energy's broader strategy to enhance its manufacturing capabilities and support the global energy transition. In 2024, the company created approximately 1,300 new jobs in Germany, with up to 1,500 more expected by the end of 2026.

The expansion reflects confidence in Germany's industrial sector and its capacity for innovation and growth. Increasing transformer production capacity supports the modernization and expansion of energy grids, which is crucial for integrating renewable energy sources and ensuring energy security.

Siemens Energy's substantial investment in the Nuremberg transformer plant signifies a strategic move to enhance Germany's energy infrastructure and industrial capabilities. The collaboration between Siemens Energy and the Bavarian government exemplifies the potential of public-private partnerships in driving economic growth and technological advancement.

Tags: #siemensenergy, #investment, #nuremberg, #germany, #energytransition