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Panevėžys has the right peopleif you are looking for efficiency and getting things done. The region is highly supportive and competent in boosting manufacturing business turnovers, especially in the mechanical engineering, electronic and automotive industries. The people here are not just highly qualified. They make things happen.
Raimundas Petrauskas, Managing Director, Schmitz Cargobull Baltic UAB
An engine for modern manufacturing solutions
Your business location in Lithuania
Panevėžys region
Mechanical engineering/Machinery
Electrical equipment Food and beverages
Russia, Norway, Italy, Latvia, Germany, Poland.
Heavy vehicles, pulp and paper, oil and gas, energy, marine, mining and construction industries.
42,9%
Refrigerated trailers, metal components structures and compressors.
Wiring systems and electro mechanical products, power distribution and electric control systems, and electric heating equipment.
Beer, wheat processing and starch modifications, meat processing, dairy products and milk proteins.
7 Vocational schools 1 Colleges 1 University
5544 Number of students
Key facts
Labour pool / 2014
111 200
17,83%
13,7%
€587
NEED JOB
Employees in manufacturing
Seeking employment
Region average salary
Labour poolNumber of residents237 095
TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)
Engineering,manufacturing and
construction
Health and welfare
Social sciences, business and law
Services16%
13%
24%
32%
Other12%
Humanities and Arts3%
Industrial competences
ON
MILK
Top export countries Industries served
With its history as the largest producer of colour TV screens and compressors in the Baltics, Panevėžys can offer experience and robust technical excellence within the fields of metal work and electrical engineering.
The region has a proven track record in supplying the heavy vehicle industry with metal and electrical components, with such established names as Volvo and Scania as end users of its products.
With its centres for Robotics and Mechatronics - part of the country’s largest technical university - Panevėžys offers a solid R&D base for the development of technical excellence.
1 2 3 4The region contributes 6.2% to GDP, making it the 5th largest contributor in the country.
Value of locally produced exports in relation to regional GDP
Vilnius Airport135 km
Kaunas Airport115 km
Riga Airport (LV)160 km
Panevėžys
Port of Klaipėda 240 km
SIVA SCAN / Norwegian Industrial Parkwww.sivascan.lt
Special Economic Zones
Panevėžys Free Economic Zonewww.pfez.lt 0% tax on profits and dividends*
Ramygala Industrial Park
SEZ
Panevėžys Mechatronics Centre(Branch of KTU)Specialising in: mechanical engineering, automotive vehicles, engineering management, robotics.
Panevėžys Science and Technology Parkwww.pmtp.lt | Offer office space
Science & Technology Parks
*Conditions apply
*Sources: Lithuanian National Statistics, 2014
FDI STOCK GROWTH (2010-2014) TOP 5 INVESTORS BY COUNTRY
FDI BY SECTOR (2014)
Gro
wth
: 67%
€176.16M
2010
2014
€294.37M
€294.37M
61%
28%
4%
7%
Manufacturing
Real Estate Operations
Wholesale & Retail
Other
DK NO FI EEDE
Infrastructure
FDI in the region / 2014
KLAIPĖDA
PALANGA
PANEVĖŽYS
BELARUSPOLAND
LATVIA
BALTICSEA
RUSSIA
KAUNAS
VILNIUS
ŠIAULIAI
Mechanical engineering/Machinery
Electrical equipment Food and beverages
We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to:
CONTACT US:
Rugilė AndziukevičiūtėRegional Development Team LeadT: +370 521 59760 E: [email protected]: Jogailos St. 4 / Vilnius LT-01116 / Lithuania
www.investlithuania.com
INFORM you on business costs, labour, tax & legal settings and other business areas.CONNECT you to partners and organise your business meetings in Lithuania.FACILITATE the set up and launch of your company, as well as help you access governmental support.SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.
Other leading manufacturers in the region
Top manufacturers by sector