The Bode Museum in Berlin is using a Siemens Art Foundation grant to repair Old Master works that were damaged in a 1945 fire and then looted by the Red Army. Says the Siemens foundation’s general secretary, “Restoration is more important than acquisitions. If we were to buy works of this quality on the art market, then we would have to pay several times more than the amount we are investing in restoration – if they were even available.”