Named after Elsterwerdaer Platz, which takes its name from the Brandenburg town of Elsterwerda.
The square has had this name since 1926; before that it was simply Platz C. Elsterwerda’s name has two parts: Elster refers to the river and goes back to an Indo-European root meaning ‘river’ or ‘stream’, and -werda comes from Werder, an island or a raised piece of ground. Information panels in the station tell travellers about the town.