regions of lithuania: panevėžys

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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 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

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Page 1: Regions of Lithuania: Panevėžys

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

Page 2: Regions of Lithuania: Panevėžys

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

Page 3: Regions of Lithuania: Panevėžys

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

Page 4: Regions of Lithuania: Panevėžys

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