Germany
The University of Karlsruhe and the Karlsruhe Research Center are set to merge following final government approval this summer. The new entity will be named the Karlsruhe Institute of Technology (KIT) and will be the largest research center in Germany. The KIT will include Europe’s largest center for energy research, with expertise in nanoscale and microscale research, elementary particle and astroparticle physics research, and climate and environmental research. Other areas of focus will include new and applied materials, as well as optics and photonics. The University of Karlsruhe currently has a budget of €300 million ($441 million) per year. Karlsruhe Research Center’s annual budget is €408 million.
Source: Chemistry World