City of Panevėžys |
The Dominant Industry Sectors in Accordance to the Number of Companies:
Wholesale and Retail Trade |
 |
Industry |
 |
Transport and Storage |
 |
Construction |
 |
The Dominant Industry Sectors in accordance to the Annual Turnover:
Wholesale and Retail Trade |
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Processing Industry |
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Construction
|
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Transport and Storage
|
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Real Estate and Rent |
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COSTS |
Utility Costs
Utility |
Measurement |
Average rates in EUR (VAT incl.) |
Electricity |
1 kWh |
0.11214* |
Natural Gas |
1 m3 |
0.5173* |
Cold Drinking Water |
1 m3 |
1,78 |
Hot Water |
1 m3 |
4.86 |
* End-user prices for industrial consumers 2014
Sources: Utility services companies; www.regula.lt
Rent Rates
Rental prices of office, warehousing space vary depending on the location and the quality of the buildings. Newly constructed warehouse rent prices in Lithuania are one of the lowest in Europe.
Monthly Rental of Retail Space (EUR m2) |
High Street |
Shopping Centres*Prime Retail |
Shopping Centres*Secondary Retail |
Panevėžys |
4.3
|
11.0
|
8.5
|
Monthly Rental of Office Space (EUR m2) |
Class A & B(Existing Vacant) |
Built to Suit Projects |
Class-C (Lower Quality) |
Panevėžys |
2.4
|
4.6
|
1.0
|
Land Costs
The price of land varies substantially depending on the location, planning level as well as the type of potential development.
City Panevėžys |
Land Price (EUR/m2) |
Central Areas |
4.100
|
Outskirts |
1.200
|
Note: The indicated prices reflect only approximate values.
LITHUANIA IN WORLD RANKING |
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Lithuania in Doing Business ranking 2015 Doing Business ranked Lithuania 20 out of 189 economies http://www.doingbusiness.org/data/exploreeconomies/lithuania/ |
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Economic freedom indexLithuania's economic freedom store 74,7 making its economy the 15th freest in the 2015 Index. http://www.heritage.org/index/country/lithuania |
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Lithuania in 2015 World Competitiveness RankingThe IMD World Competitiveness Yearbook measures how well countries manage all their resources and competencies to facilitate long-term value creation. Lithuania ranked 21 out of 69 economies. https://www.lietuva.lt/en/news/politics_economics/lithuania-up-in-global-competitiveness-index |
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Lithuania in ICT skills rankingLithuania ranked 16th in world according to ICT skills http://www.investlithuania.com/lithuania-ranked-16th-in-the-world-according-to-ict-skills/ |
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Why invest in Panevėžys |
