diff --git a/CMakeLists.txt b/CMakeLists.txt
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,12 @@
 cmake_minimum_required(VERSION 3.0.0)
 
-project(parley)
+# KDE Application Version, managed by release script
+set(KDE_APPLICATIONS_VERSION_MAJOR "18")
+set(KDE_APPLICATIONS_VERSION_MINOR "03")
+set(KDE_APPLICATIONS_VERSION_MICRO "70")
+set(KDE_APPLICATIONS_VERSION "${KDE_APPLICATIONS_VERSION_MAJOR}.${KDE_APPLICATIONS_VERSION_MINOR}.${KDE_APPLICATIONS_VERSION_MICRO}")
+
+project(parley VERSION ${KDE_APPLICATIONS_VERSION})
 
 find_package(ECM 5.15.0 REQUIRED NO_MODULE)
 
@@ -74,6 +80,9 @@
    ${CMAKE_CURRENT_BINARY_DIR}/config-parley.h
 )
 
+# let our config-parley.h be found first in any case
+include_directories (BEFORE ${CMAKE_CURRENT_BINARY_DIR})
+
 
 
 # Define link libs for parley executable and unittests
diff --git a/config-parley.h.cmake b/config-parley.h.cmake
--- a/config-parley.h.cmake
+++ b/config-parley.h.cmake
@@ -2,3 +2,7 @@
 #cmakedefine HAVE_LIBXSLT 1
 /* xrender available for fading pixmaps */
 #cmakedefine HAVE_XRENDER 1
+
+/* Parleys application version string
+ * It is adopted from script updated KDE Application version in top-level CMakeLists.txt */
+#define PARLEY_VERSION_STRING "@parley_VERSION@"
diff --git a/src/main.cpp b/src/main.cpp
--- a/src/main.cpp
+++ b/src/main.cpp
@@ -24,7 +24,7 @@
 /// @file main.cpp
 
 #include "parleymainwindow.h"
-#include "version.h"
+#include "config-parley.h"
 
 #include <KAboutData>
 #include <KCrash>
@@ -144,4 +144,4 @@
         parleyApp->show();
         return app.exec();
     }
-}
+}
\ No newline at end of file
diff --git a/src/parleydocument.cpp b/src/parleydocument.cpp
--- a/src/parleydocument.cpp
+++ b/src/parleydocument.cpp
@@ -18,7 +18,6 @@
 #include "../config-parley.h"
 #include "parleymainwindow.h"
 #include "editor/editor.h"
-#include "version.h"
 #include "prefs.h"
 
 #include "vocabularyview.h"
diff --git a/src/version.h b/src/version.h
deleted file mode 100644
--- a/src/version.h
+++ /dev/null
@@ -1,4 +0,0 @@
-#ifndef VERSION_H
-#define VERSION_H
-#define PARLEY_VERSION_STRING  "2.1.0" // To be released with Applications/15.04
-#endif