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An engine for modern manufacturing solutions
PANEVĖŽYS REGION
YOUR BUSINESS LOCATION IN LITHUANIA
Panevėžys has the right people if 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
We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to:
CONTACT US:
Živilė KazlauskaitėHead of Regional Development TeamT: +370 5 204 7816E: [email protected]
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.
KEY POINTS
THE MAIN FIELDS OF STUDY25%
10,9% 9%
13%
15%14%
€ 715
114 800
With its history as the largest color TV screen and compressor producer in the Baltics, Panevėžys can offer experience and robust technical excellence within the fields of metal work and electrical engineering.
Employees in manufacturing
Unemployed
Region average salary
Labour pool
The region has a proven track record in supplying the heavy vehicle industry with metal and electrical components, with such established names as Volvo, Scania, MAN, Rolls-Royce and Bombardier as end users of its products.
Panevėžys is home to the largest concentration of Norwegian investors — Norwegian Industrial Park (Scan Investment) — established by the Norwegian government has been succesfully attracting furniture producers from Norway since 2000.
The region contributes 6% to GDP, making it the 5th largest contributor to the Lithuanian economy.
5 277
8 Vocational schools 1 College
Number of students
13%
37%
Health and Welfare
Social sciences
Other
Services
Engineering, Manufacturing and
Construction
Business, administration and law
LABOUR POOL
1 2 3 4
INDUSTRIAL COMPETENCES
MECHANICAL ENGINEERING & MACHINERY
ELECTRICAL EQUIPMENT FOOD & BEVERAGES
Refrigerated trailers, metal components structures, and compressors.
Wiring systems and electro mechanical products for automotive, power distribution and electric control systems, and electric heating equipment.
Beer, wheat processing and starch modifications, meat processing, dairy products, and milk proteins.
INFRASTRUCTURE
Panevėžys FEZ: www.pfez.lt
Already here:Devold, Spektrus
International Riga Airport160 km
Port of Klaipėda240 km
Kaunas Airport115 km
Vilnius International Airport135 km
KLAIPĖDA
PALANGA
PANEVĖŽYS
BELARUSPOLAND
LATVIA
BALTICSEA
RUSSIA
KAUNAS
VILNIUS
ŠIAULIAI
SEZ SPECIAL ECONOMIC ZONES
Panevėžys Mechatronics centre and Robotics laboratory (branch of KTU) Specializing in: mechanical engineering, automotive vehicle, engineering management, robotics, micro and nano electronics.
Panevėžys Science and Technology Park www.pmtp.lt Offers office space and manages R&D services available in the region.
SIVA SCAN / Norwegian Industrial Parkwww.sivascan.lt
SCIENCE & TECHNOLOGY PARKS
MACROECONOMICS
6,0% 20% 80%
42%
316m
Top 5 investors by country
FDI stock growth, € FDI growth
Top export countries:
Share of export of Lithuanian origin production
Norway, Germany, Sweden, Italy, Latvia.
Denmark, France, Switzerland, Estonia, Finland.
Share GDP growth 2010-2015
GDP
EXPORT
FDI IN THE REGION (2010-2015)
TOP FDI INDUSTRIES (2015)
Manufacturing
Real Estate Operations
Wholesale & Retail
Other
59%
28%
3%
10%
We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to:
CONTACT US:
Živilė KazlauskaitėHead of Regional Development TeamT: +370 5 204 7816E: [email protected]
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.
TOP MANUFACTURERS BY SECTOR
OTHER LEADING MANUFACTURERS IN THE REGION
MECHANICAL ENGINEERING ELECTRICAL EQUIPMENT FOOD & BEVERAGES
