Panevėžys Free Economic Zone
Free Economic Zones
Panevėžys region
An engine for modern manufacturing solutions
Key facts
1
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.
2
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.
3
Panevėžys is home to the largest concentration of Norwegian investors — Norwegian Industrial Park (Scan Investment) — established by the Norwegian government has been successfully attracting furniture producers from Norway since 2000.
4
The region contributes 6% to GDP, making it the 5th largest contributor to the Lithuanian economy.
Industrial competences:
Mechanical engineering/ Machinery
Refrigerated trailers, metal components structures, and compressors.
Electrical equipment
Wiring systems and electro mechanical products for automotive, power distribution and electric control systems, and electric heating equipment.
Food and beverages
Beer, wheat processing and starch modifications, meat processing, dairy products, and milk proteins.
Labour pool
98,000
Labour pool
7.7%
Unemployment rate
735 Eur/month
Region average gross salary
Infrastructure
Panevėžys Mechatronics Centre (Branch of KTU)
Technical University Branch
Panevėžys Science and Technology Park
Science and Technology Park
SIVA SCAN / Norwegian Industrial Park
Industrial Park
