diff --git a/CMakeLists.txt b/CMakeLists.txt
index 6b15c552e..ed605986f 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,7 +7,7 @@ SET_PROPERTY(DIRECTORY . PROPERTY PACKAGE_NAME DD4hep)
 #################
 
 SET( DD4hep_VERSION_MAJOR 1 )
-SET( DD4hep_VERSION_MINOR 15 )
+SET( DD4hep_VERSION_MINOR 16 )
 SET( DD4hep_VERSION_PATCH 0 )
 
 #######################