Manufacturing as an engine of economic growth in the region of Panevėžys
Among the companies are strong manufacturers of automotive components, electronic equipment, food products, packaging and furniture, metal and plastic processors. The majority of the companies within a region are small and medium-sized enterprises. The region of Panevėžys is chosen by different foreign capital companies, including investors from Norway, Denmark, France, Switzerland, Estonia, Germany and other countries. Some of these companies belong to the “FIBAssociation” - the foreign investors association operating in Panevėžys. The foreign capital companies are encouraged to establish themselves in the free economic zone of Panevėžys and in the Norwegian industrial park Scan Investment.