The stand-alone Siemens Energy is to locate its corporate centre in the German capital Berlin.
The decision as to which of the Siemens Energy’s Berlin locations will serve as headquarters remains open and a more detailed concept will be developed in the coming months, Siemens said.
It said that establishment of the corporate centre will begin during the next fiscal year – 1 October 2020 to 30 September 2021.
Chief executive Christian Bruch (pictured), the chief financial officer and a few teams will initially move into offices in the capital.
One member of the executive board, Jochen Eickholt, will be based at the largest location in Erlangen, Germany, whilst Tim Holt will retain an office in Orlando, Florida in the US.
Siemens Energy said the Mulheim site is an important part of the production network, while the company’s registered seat will remain in Munich.
It added that the decision to set up the corporate centre in Berlin is a return to its roots as Werner von Siemens and Johann Georg Halske founded their company in Berlin in 1847.
Bruch said: “There were benefits for each of the possible locations in Germany
“By choosing Berlin, we are linking the historical roots of Siemens Energy with the shaping of the future, more sustainable energy world.
“The choice of Berlin will not distract from the important functions of other locations across Germany.”
Governing Mayor of Berlin Michael Muller said: “We are delighted that Siemens Energy is locating its corporate centre in Berlin.
“Berlin has been a strong centre for innovation and high-performance production in the energy industry for a long time now.
“Siemens’ history is intertwined with this tradition, and we are glad to have the opportunity to join Siemens Energy in writing a new chapter in this success story.
“We will be working together on the future of sustainable energy systems and thereby advancing the energy transition.
“The establishment of this headquarters in Berlin is a huge success for us and a clear commitment from Siemens Energy to Berlin as a location.”