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Panevėžys Free Economic Zone
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Industrial site
The Panevėžys Free Economic Zone (FEZ) was established in 2013 to attract foreign direct investment to the northern Lithuanian region and promote industrial development. Spanning 47 hectares, the zone provides specialized infrastructure for companies in manufacturing, logistics, and high technology. Investors benefit from significant fiscal incentives, including corporate tax exemption for the first ten years and reduced rates for the subsequent period. Its location directly on the Via Baltica, one of Northern Europe's most important transport corridors, makes Panevėžys an attractive site for exports to Scandinavia and Central Europe. The FEZ has contributed significantly to lowering regional unemployment by attracting international corporations such as Norway's Devold or Norac, solidifying Panevėžys as a modern industrial center.
- Location: Lithuania
- Nearby: Krekenava (26 km)
Best time to visit & climate
The most pleasant time to visit is Jun–Aug.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg °C | -6 | -5 | -1 | 6 | 12 | 16 | 18 | 17 | 12 | 6 | 2 | -3 |
| Rain mm | 53 | 44 | 44 | 47 | 60 | 79 | 90 | 82 | 57 | 68 | 64 | 56 |
📋 Practical info
What is this place?
Panevėžys Free Economic Zone specializes in the food industry and electronics manufacturing. It benefits from the city's favorable location on the A10 highway between Vilnius and Riga.
Visiting
The factories are usually not open to the public, but the area can be seen from the main roads. Some companies offer factory tours by prior arrangement.
Where to view it
The intersection of the A10 and the ring road features a good view of the large production halls. The pedestrian bridge over the Nevėžis River also provides a glimpse of the adjacent industrial area.
Local products
Products manufactured in the zone include sweets, canned goods, and electronic components. The weekly market in Panevėžys gives local pastries, meat products, and hand-knitted textiles.
Active season
The facilities operate year-round, with seasonal peaks in food production before holidays. The best travel time is late summer, when markets are full of local produce.
Nearby
Combine the visit with Panevėžys Old Town and the theater by the river. The Krekenava Regional Nature Park with its arboretum is also worth a trip.
Geography
Facts
- Official establishment of the Free Economic Zone in 2013
- Total area of the developed industrial site is 47 hectares
- 0% corporate income tax for the first 10 years of operation
- Direct access to the E67 highway (Via Baltica) for logistics
- Focus on textile industry, furniture manufacturing, and electronics
- Over 50% of the produced goods are destined for international export
Explore nearby
Notable places around
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Sights in the town Panevėžys Free Economic Zone (1)
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Frequently asked questions
What characterizes Panevėžys FEZ?
Focus on high-tech and logistics along the Via Baltica.
Can you shop there?
No, it is an industrial area, not a shopping center.
How is the connectivity?
Excellent due to its location on the Via Baltica highway.
Are there guided tours?
Only for business delegations by appointment.
Why should one drive by?
To see Lithuania's modern industrial development.
Panevėžys Free Economic Zone: where is it located?
Panevėžys Free Economic Zone is located in Lithuania.
Panevėžys Free Economic Zone: when is the best time to visit?
The most pleasant time to visit is Jun, Aug.
Panevėžys Free Economic Zone: why is it worth visiting?
The Panevėžys Free Economic Zone (FEZ) was established in 2013 to attract foreign direct investment to the northern Lithuanian region and promote industrial development.
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