panevėžys region | regions of lithuania
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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
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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: [email protected]: Jogailos St. 4 / LT – 01116 / Vilnius / Lithuania
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PHOTO
Top manufacturers by sector
Other leading manufacturers in the region
Mechanical engineering Electrical equipment Food & beverages