IMAGE TO BE REPLACED

Panevėžys has the right people if you are looking for efficiency and getting things done. The region is highly supportive and competent in boosting manu-facturing 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

“

,,

Panevėžys regionAn engine for modern manufacturing solutions

Your business location in Lithuania

With its history as the largest producer of colour TV screens and compressors in the Baltics, Panevezys 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 - Panevezys offers a solid R&D base for the development of technical excellence.

Mechanical engineering/Machinery

7 Vocational schools 1 College 1 University

Electrical equipment Food & beverages

109 900 Labour pool

16,7% Employees in manufacturing

15,9% Seeking employment

€560 Region average salary

5 740 Number of students

1 2 3

Industrial competences

Key facts

TOP EXPORT COUNTRIESRussia, Iran, Norway, Italy and Latvia.

INDUSTRIES SERVEDHeavy vehicles, pulp and paper, oil and gas, energy, marine, mining and construction industries.

EXPORT PRODUCTION71%

Refrigerated trailers, metal components, structures and compressors.

Wiring systems and electro-mechan-ical products, power distribution and electric control systems, and electric heating equipment.

Beer, wheat processing and starch modifications, meat processing, dairy products and milk proteins.

ON

MILK

Labour pool / 2013

TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)

Business & administration

Other

Agriculture, forestry and fishery

Architecture & construction

Social services & healthcareEngineering &

engineering professions

19%

11%

28%

24%

7%

11%

The region contributes 6.2% to GDP, making it the 5th largest contributor in the country.

238 800 Number of residents

FDI in the region / 2012

FDI STOCK GROWTH (2008-2012)

61% Manufacturing

31% Real estate operations

4% Wholesale & retail

2% Agriculture, forestry & fishing

2% Other €238 m

19%

24%

11%

€166 m

2008

Gro

wth

: 43%

2012

€238 m FDI BY SECTOR (2012)

Infrastructure

Vilnius Airport135 km

Kaunas Airport115 km

Riga Airport (LV)160 km

Panevėžys

Klaipėda Seaport 240 km

KLAIPĖDA

PALANGA

PANEVĖŽYS

BELARUSPOLAND

LATVIA

BALTICSEA

RUSSIA

KAUNAS

VILNIUS

ŠIAULIAI

Panevėžys Mechatronics Robotics centres (Branch of KTU) Specialising in: mechanical engineering, automotive vehicles, engineering management, robotics.

Panevėžys Science and Technology Parkwww.pmtp.lt | Offer office space

SIVA SCAN / Norwegian industrial parkwww.sivascan.lt

Science & Technology ParksSpecial Economic Zones

Panevėžys Free Economic Zonewww.pfez.lt 0% tax on profits and dividends*

Ramygala industrial park

SEZ

DK

NO EE FR

DE

*Sources: Lithuanian National Statistics, 2014

*Conditions apply

Top 5 investors by country

www.investlithuania.comWe are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to:

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 and access government financial support and a range of training schemes.

SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.

CONTACT US:

Rugile Andziukeviciute

www.investlithuania.com

T: +370 5 2159760E: rugile@investlithuania.comA: Jogailos St. 4 / LT – 01116 / Vilnius / Lithuania

141014

PHOTO

Top manufacturers by sector

Other leading manufacturers in the region

Mechanical engineering Electrical equipment Food & beverages