diff --git a/CMakeLists.txt b/CMakeLists.txt
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,14 @@
-cmake_minimum_required(VERSION 2.8.12)
+# Lokalize project
 
-project(lokalize)
+# KDE Application Version, managed by release script
+set (KDE_APPLICATIONS_VERSION_MAJOR "19")
+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}")
+
+cmake_minimum_required(VERSION 3.0)
+
+project(lokalize VERSION ${KDE_APPLICATIONS_VERSION})
 
 set(QT_MIN_VERSION "5.5.0")
 set(KF5_MIN_VERSION "5.14.0")
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -31,6 +31,9 @@
     ${CMAKE_CURRENT_BINARY_DIR}
 )
 
+configure_file(version.h.cmake
+    ${CMAKE_CURRENT_BINARY_DIR}/version.h)
+
 set(lokalize_SRCS
     main.cpp
     lokalizemainwindow.cpp
diff --git a/src/version.h b/src/version.h.cmake
rename from src/version.h
rename to src/version.h.cmake
--- a/src/version.h
+++ b/src/version.h.cmake
@@ -23,5 +23,5 @@
 **************************************************************************** */
 
 #ifndef LOKALIZE_VERSION
-#define LOKALIZE_VERSION "2.0"
+#define LOKALIZE_VERSION "${KDE_APPLICATIONS_VERSION}"
 #endif