PANEVĖŽYS CITY
MUNICIPALITY

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Laisvės square 20 LT-35200, Panevėžys
Tel. (+370 45) 555 001
E-mail [email protected]
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                          Contact us:

                          Mr. Jokūbas Leipus

                          Head of City Development Department

                          e-mail [email protected]

                          Tel. +370 45 501 334

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                            INFORMATION FOR INVESTORS   General Information
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                          General Information

                           

                           

                           

                          City of Panevėžys

                           

                           

                                                         

                                                         

                          *Source
                          2014, 2015 Department of Statistics
                          2015 Labour Exchange

                           

                          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  

                          		 

                           Processing Industry  

                           Construction    

                          		 

                           Transport and Storage  

                           Real Estate and Rent  

                          		     

                           

                           

                           

                           

                           

                           

                           

                           

                          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

                          4.38.7

                          11.014.0

                          8.510.0

                           

                           

                          Monthly Rental of Office Space (EUR m2)

                          Class A & B

                          (Existing Vacant)

                          Built to Suit Projects

                          Class-C (Lower Quality)

                          Panevėžys

                          2.44.3

                          4.65.0

                          1.01.5
                          * Average retail units of 200 m2
                          Source: Real estate consultancy company Oberhaus, 2014

                           

                           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

                          4.10010.000

                          Outskirts

                          1.2007.000

                          Note: The indicated prices reflect only approximate values.

                           

                           

                          LITHUANIA IN WORLD RANKING

                           

                           

                              
                           

                          Lithuania in Doing Business ranking

                           2015 Doing Business ranked Lithuania 20 out of 189 economies

                          http://www.doingbusiness.org/data/exploreeconomies/lithuania/


                           Economic freedom index

                          Lithuania's economic freedom store 74,7 making its economy the 15th freest in the 2015 Index.

                          http://www.heritage.org/index/country/lithuania

                          Lithuania in 2015 World Competitiveness Ranking

                           The 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


                          Lithuania in  ICT skills ranking

                          Lithuania 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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