What defines us is our desire to be the best. Since 2008 we have been ranked among the top 5 fastest growing economies in the EU, and going forward we are forecast to continue to rise above the EU average. Added to this, our can-do-approach has enabled us to jump eleven places since 2013 for the ease of starting a business to 11th place globally in the World Bank’s Doing Business Report.
The primary goal of the Forum is to encourage Lithuanian and Asian businesses to build constructive relationships with Lithuanian government agencies and associations and to look for opportunities for successful business ventures between Lithuanian and Asian companies.
The event will be attended by a number of high ranking Lithuanian government officials from various ministries and will be hosted by the Mayor of Vilnius, Artūras Zuokas.
We are honoured that four distinguished ambassadors to Lithuania have confirmed their attendance:
H. E. Kazuko SHIRAISHI, Ambassador of Japan
H. E. Monika Kapil MOHTA, Ambassador of India
H. E. H. Bomer PASARIBU, Ambassador of the Republic of Indonesia
H. E. Baurzhan A.MUKHAMEJANOV, Ambassador of the Republic of Kazakhstan
They will be joined by a number of prominent speakers from Lithuania and other countries.
Executive summary
• A 534 ha Free Economic Zone situated in Kaunas, Lithuania, known as FEZ.
• Lithuania is a member of the European Union (EU) as well as a member of the Schengen area. (This
permits passport-free travel throughout the 26 countries of the Schengen area).
• Stable currency; since 2002, 3.45 Litas = €1. As from 1st January 2015, Euro replaces national currency.
• Businesses established within FEZ are totally tax-free for six years; for the next ten years, 50% reduction in
the rate of Corporation Tax. As the Lithuanian rate of Corporation Tax at present is 15%, the effective tax
rate for the first sixteen years of operation is 4.69%.
• Highly educated labour force.
• According to the World Bank, Lithuania is the seventeenth country in the world for “ease of doing
business”.
• Ability to obtain 1, 2, 3 year “temporary residence permits”, depending on individual circumstances.
• Ability to obtain Lithuanian citizenship after ten years of residence.
• Land is subleased for a term of 99 years. Pursuant to the Land Law of Lithuania, if the sublessee has
erected buildings on the land then, after the end of 99 years, the sublease will be extended until the end
of the economic life of the buildings erected on the land. The life of the building can be further extended
by continued improvements.
What defines us is our desire to be the best. Since 2008 we have been ranked among the top 5 fastest growing economies in the EU, and going forward we are forecast to continue to rise above the EU average. Added to this, our can-do-approach has enabled us to jump eleven places since 2013 for the ease of starting a business to 11th place globally in the World Bank’s Doing Business Report.
The primary goal of the Forum is to encourage Lithuanian and Asian businesses to build constructive relationships with Lithuanian government agencies and associations and to look for opportunities for successful business ventures between Lithuanian and Asian companies.
The event will be attended by a number of high ranking Lithuanian government officials from various ministries and will be hosted by the Mayor of Vilnius, Artūras Zuokas.
We are honoured that four distinguished ambassadors to Lithuania have confirmed their attendance:
H. E. Kazuko SHIRAISHI, Ambassador of Japan
H. E. Monika Kapil MOHTA, Ambassador of India
H. E. H. Bomer PASARIBU, Ambassador of the Republic of Indonesia
H. E. Baurzhan A.MUKHAMEJANOV, Ambassador of the Republic of Kazakhstan
They will be joined by a number of prominent speakers from Lithuania and other countries.
Executive summary
• A 534 ha Free Economic Zone situated in Kaunas, Lithuania, known as FEZ.
• Lithuania is a member of the European Union (EU) as well as a member of the Schengen area. (This
permits passport-free travel throughout the 26 countries of the Schengen area).
• Stable currency; since 2002, 3.45 Litas = €1. As from 1st January 2015, Euro replaces national currency.
• Businesses established within FEZ are totally tax-free for six years; for the next ten years, 50% reduction in
the rate of Corporation Tax. As the Lithuanian rate of Corporation Tax at present is 15%, the effective tax
rate for the first sixteen years of operation is 4.69%.
• Highly educated labour force.
• According to the World Bank, Lithuania is the seventeenth country in the world for “ease of doing
business”.
• Ability to obtain 1, 2, 3 year “temporary residence permits”, depending on individual circumstances.
• Ability to obtain Lithuanian citizenship after ten years of residence.
• Land is subleased for a term of 99 years. Pursuant to the Land Law of Lithuania, if the sublessee has
erected buildings on the land then, after the end of 99 years, the sublease will be extended until the end
of the economic life of the buildings erected on the land. The life of the building can be further extended
by continued improvements.
Agencia de Desarrollo Wroclaw Agglomeration para INVATEfundacioninvate
Presentación realizada por Jan Zarski, de la Agencia de Desarrollo Wroclaw Agglomeration para la jornada “Pioneros en acción: oportunidades de inversión en Polonia”.
Many cities are attempting to reduce congestion through innovative transport policies and projects. This report explores the challenges city leaders face in choosing the right combination of solutions to address their short- and long-term urban mobility challenges. It aims to provide direction on how city leaders can navigate through these challenges and how they can work together with community groups and the private sector to transform their cities for the future.
Lithuania a prime location for data centersVYTIS MALECKAS
LITHUANIA PRIME LOCATION FOR DATA CENTERS
SUMMARY
• Stable Power Supply
• Resilient Power Infrastructure on Site
• Renewable Energy
• Fiber Network
• Nordic Climate and Cooling Solutions
• Secure Location
• Competitive Talent Pool
• Leading ICT Infrastructure
• Financial Incentives
• Accessibility
European Real Estate Market Study - H2 2017 and Trends for 2018Duff & Phelps
In this edition of the European Real Estate Market Study, we provide an overview on the analysis of office, retail and logistics sectors in the European capital market during the past year and give an outlook for next coming months.
Across the UK we are seeing more and more examples of smart city transformation. Key 'smart' sectors utilised by such Cities include transport, energy, health care, water and waste. Against the current background of economic, social, security and technological changes caused by the globalization and the integration process, cities in the UK face the challenge of combining competitiveness and sustainable urban development simultaneously.
A smart city is a place where the traditional networks and services are made more efficient with the use of digital and telecommunication technologies, for the benefit of its inhabitants and businesses.
With this vision in mind, the European Union is investing in ICT research and innovation and developing policies to improve the quality of life of citizens and make cities more sustainable in view of Europe's 20-20-20 targets.
The smart city concept goes beyond the use of ICT for better resource use and less emissions. It means smarter urban transport networks, upgraded water supply and waste disposal facilities, and more efficient ways to light and heat buildings.
And it also encompasses a more interactive and responsive city administration, safer and secure public spaces.
Smart Cities UK lead the way on addressing the best practice examples on smart transformation from across Cities within the United Kingdom whilst disseminating guidance and information transformation within waste, energy, transport and other key smart sectors.
Agencia de Desarrollo Wroclaw Agglomeration para INVATEfundacioninvate
Presentación realizada por Jan Zarski, de la Agencia de Desarrollo Wroclaw Agglomeration para la jornada “Pioneros en acción: oportunidades de inversión en Polonia”.
Many cities are attempting to reduce congestion through innovative transport policies and projects. This report explores the challenges city leaders face in choosing the right combination of solutions to address their short- and long-term urban mobility challenges. It aims to provide direction on how city leaders can navigate through these challenges and how they can work together with community groups and the private sector to transform their cities for the future.
Lithuania a prime location for data centersVYTIS MALECKAS
LITHUANIA PRIME LOCATION FOR DATA CENTERS
SUMMARY
• Stable Power Supply
• Resilient Power Infrastructure on Site
• Renewable Energy
• Fiber Network
• Nordic Climate and Cooling Solutions
• Secure Location
• Competitive Talent Pool
• Leading ICT Infrastructure
• Financial Incentives
• Accessibility
European Real Estate Market Study - H2 2017 and Trends for 2018Duff & Phelps
In this edition of the European Real Estate Market Study, we provide an overview on the analysis of office, retail and logistics sectors in the European capital market during the past year and give an outlook for next coming months.
Across the UK we are seeing more and more examples of smart city transformation. Key 'smart' sectors utilised by such Cities include transport, energy, health care, water and waste. Against the current background of economic, social, security and technological changes caused by the globalization and the integration process, cities in the UK face the challenge of combining competitiveness and sustainable urban development simultaneously.
A smart city is a place where the traditional networks and services are made more efficient with the use of digital and telecommunication technologies, for the benefit of its inhabitants and businesses.
With this vision in mind, the European Union is investing in ICT research and innovation and developing policies to improve the quality of life of citizens and make cities more sustainable in view of Europe's 20-20-20 targets.
The smart city concept goes beyond the use of ICT for better resource use and less emissions. It means smarter urban transport networks, upgraded water supply and waste disposal facilities, and more efficient ways to light and heat buildings.
And it also encompasses a more interactive and responsive city administration, safer and secure public spaces.
Smart Cities UK lead the way on addressing the best practice examples on smart transformation from across Cities within the United Kingdom whilst disseminating guidance and information transformation within waste, energy, transport and other key smart sectors.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
1. Lithuania - Right Place for
Your Business.
Location: City of Panevezys
Osvaldas Ciuksys
Vilnius
16 November, 2017
2. Facts & figures
GDP growth
20152 : 1.8%
20162: 2.3%
20172: 2.9%
2018: 3.6% forecast”
Population1
2.8 million
Labor Pool1 1.5 million
Unemployment1 6.6%
Source 1: Statistics Lithuania, 2016 and 2017
Source 2: Eurostat 2017
* World Bank
Export growth
20152 : 11.3%
20162: 2.7%
20172: 17.4% (1st half)
3. What gives Lithuania a competitive advantage?
Cheap & skillful labor force Business friendly environment
1 4
World-class infrastructure Quality of life at affordable costs
2 5
Great quality to cost ratio
3 6 Stability: EU, NATO, Eurozone
4. Skillfullaborforce
Students by study fields in higher
53% of population with
higher education1
2015-20164education institutions |
Social sciences, Business and Law 41%
Engineering, Manufacturing and
Constructionproficiency in English
among professionals2
18%
Health and Welfare 13%
Humanities and Arts
speak at least two
foreign languages3
Science, Mathematics and Computing %
Education 5%
Other programmes %
Source 1: Eurostat, 2015 (age group 25-34)
Source 2: Invest Lithuania’s estimation based on Population Census (2011)
Source 3: Europeans and their languages, 2012
Source 4: Ministry of Education and Science, 2015-2016
50%
84%
9%
7
7
1st in EU
5. Lower labor costs
Country
10% increase:
year of
catch-up
6% increase:
year of
catch-up
Sweden 2033 2042
Eurozone 2031 2040
EU 2029 2038
Estonia 2020 2024
When labor costs in Lithuania will reach EU countries level?
2 scenarios: labor costs in Lithuania increasing 10% or 6% annually
Source: Ministry of Economy, Lithuania
6. Cost & quality combined
Ranked alongside Ireland, Germany, Switzerland
its business environment, Lithuania can also
guarantee a fantastic cost to quality ratio.
for
Average gross monthly salary (Eur), 20161
5 000 4 658
3 6424 000
3 000
2 000
1 146
929 7711 000
0
Source 1: National statistics department, Edition 2017
7. Digital infrastructure: fast, reliable and affordable
EU and global leader in connectivity for fixed
broadband price3and communication technology
2,73%
globally in fulfilling business
needs for ICT1
2,19%
1,85%
1,57%
1,25% 1,12% 1,06%
0,87%
0,71%
In Europe for mobile
4G coverage2
% of disposable income | Advertised download speed above 12 and
up to 30 Mbps | 2015
Source 1: IMD World Competitiveness Yearbook, 2017
Source 2: OpenSignal, 2016
Source 3: European Commission Digital Agenda Scoreboard, 2015
1st
1st
1st in EU
8. Cost of premises
One of the lowest office rental prices in the region
Source: BNP Paribas Real Estate, 2016
9. Logistics: fast connection infrastructure
3
1st in CEE for quality of roads1−
− Rail cargo services direct to Russia, Belarus, Latvai
Poland, Germany, Ukraine and Asia (incl. China)
− 3 InternationalAirports, access to major European
cities within 2-3 hours flight
−
−
Klaipėda State ice-free Seaport
14.5 m deep port, handling up to 65 million tons of
cargo annually, the largest port in the Baltic
States2
Source 1: World Economic Forum, Global Competitiveness Report, 2017-2018
Source 2: www.portofklaipeda.lt
Source 3: Girteka Logistics, 2014. Estimates based on two-driver shared shift model
Sea
Air
Road & Rail
10. Business friendly Environment
out of 137
countries
evaluated
out of 180
countries
evaluated
out of 190
countries
evaluated
Ease of Doing
Business1
Global Competitiveness
Index2
Index of Economic
Freedom3
out of 180
countries
evaluated
out of 176
countries
evaluated
out of 189
countries
evaluated
Environmental
Performance Index4
Doing Business Index by
World Bank
Paying Taxes
Ranking6
Source 1: World Bank, 2016
Source 2: World Economic Forum, 2017
Source 3: Heritage Foundation, 2017
Source 4: Yale University, 2016
Source 5: Transparency International, 2017
Source 6: PWC, 2016
271623
164121
11. Business friendly Environment
corporate profit tax
VAT
−
−
dividends
personal income tax
social security tax paid by employee
social security tax paid by employer
* Conditions apply
30.98%
9%
15%
0-15%
21%
0-15%
12. 6 Free Economic Zones
0 % corporate tax for
the first 6 years
50% discount on corporate
tax over the next 10 years
0% tax on dividends
0% tax on real estate
13. Perfect place to live
− Vilnius is ranked by the New York Times
alongside Copenhagen, Barcelona and Capetown
as a hip and well managed place to live1
98% of Vilnius inhabitants are satisfied with living
here (highest percentage among EU capitals)2
−
Keeping you
connected with
the fastest
public Wi-Fi
globally4− According to the Mercer Cost of Living Index
2016, Vilnius is one of the four least expensive
EU capitals to live in for expatriates3
Source 1: The New York Times, 2011
Source 2: European Commission, 2016
Source 3: Mercer's 2016 Cost of Living Ranking
Source 4: Rotten Wifi tests, 2016
Cost of living
Lifestyle
14. Cost of living in EUR: LTU vs SWE and DEU
Lithuania Sweden % Germany %
Meal for 2 People, Mid-range
Restaurant, Three-course
30 62 +106.7 45 +50
Local beer (0.5 liter draught) 2.5 6.2 +148 3.5 +40
Pack of Cigarettes (Marlboro) 3.5 6.12 +74.9 6.0 +71.4
Cappuccino (regular) 2.03 3.53 +73.9 2.65 +30.5
Gasoline (1 liter) 1.06 1.41 +33 1.32 +24.5
Apartment rent (3bedrms) in
City Centre
690 1160 +68.1 1280 +85.5
Average Monthly Net Salary
(After Tax)
655 2105 +221.4 2196 +235.4
Source: www.numbeo.com
15. Location of Panevezys
MOSCOW
930 km
RIGA 153 km / TALLINN 460km LATVIA
DAUGAVPILS240km
150 km
80km
ŠIAULIAI
PANEVĖŽYSKLAIPĖDA
×
115 km
135km
KALININGRAD
REGION
KAUNAS
VILNIUS
BELARUS
KALININGRAD
MINSK
323 km
POLAND
WARSAW 490 km
FRANKFURT 1580 km
E67
E67
E67
STOCKHOLM 680 km
MALMö 750 km
BALTIC SEA
Vilnius 135 km Riga 153 km
Kaunas 115 km
Klaipeda 135 km Riga 150 km
Tallinn 460 km Stockholm 680 km
16. Panevezys is place for modern manufacturing solutions
Panevėžys has the right
people if you are looking
for efficiency and getting
things done. The region
is highly supportive and
competent boosting
manufacturing business
turnovers, especially in
the mechanical
engineering, plastics and
automotive industries.
The people here are not
just highly qualified.
They make things
happen.
Raimundas Petrauskas
Managing Director, Schmitz
Cargobull Baltic
17. Panevezys is the right place for doing business
Cooperation platform between foreign businessmen
and local stakeholders
Operator of Panevezys’ industrial park
Heating and drying products Clothing from wool
Furniture manufacture
Wiring harness systems and
electromechanical modules