Siemens AG inaugurated its new campus in Zug on 5 December. The Siemens Zug campus features a new office building with 1,000 work spaces and a newly constructed production building. The investment volume for new buildings, renovations and related measures amounts to CHF 250 million. The campus is the international headquarters of the Siemens Building Technologies (BT) Division, which has 29,000 employees. Last year it posted worldwide sales of 6.6 billion euros. As Siemens reference projects, the buildings feature innovative building technology.
“Siemens is one of Switzerland's largest employers. We employ over 6,000 people here, including about 300 apprentices said Joe Kaeser, Chairman of the Siemens AG Managing Board. “Building Technologies with its headquarters in Zug will benefit more from digitalisation than virtually any other industry. Next year, building technology will become a core element of the new operating company Smart Infrastructure (SI). Its global headquarters will then also be in Zug.”
Zug has been home to Siemens Building Technologies since 1998, when Siemens took over the industrial activities of Elektrowatt AG.