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Chemnitz University of Technology is a public university in Chemnitz, Germany. With over 11,000 students, it is the third largest university in Saxony. It was founded in 1836 as Königliche Gewerbeschule (Royal Mercantile College) and was elevated to a Technische Hochschule, a university of technology, in 1963. With approximately 1,500 employees in science, engineering and management, TU Chemnitz counts among the most important employers in the region.