Devold is a leading Norwegian producer of knitted products. With more than 160 years of commercial production, Devold is one of the oldest textiles brand aimed at outdoor activities and extreme working conditions. The company shifted its small production unit to Lithuania in 1998, and in 2002 greatly expanded its operations. In 2015, the company established a new production plant and moved its logistics center to the Panevėžys Free Economic Zone. Currently, Lithuania is the company’s main production base, supplying more than ninety per cent of Devold knitted products.