(FEZ) - Industry Park & Logistic Centre

Park of Science and Technology with a business incubator
has been launched. Multifunctional cooperation
among scientifi c research and pilot production
companies, along with industrial and business service
companies will be fostered in the Park. The Technology
Demonstration Centre undergoing its foundation
process by the Centre of Mechatronics of
Panevėžys will also contribute to the possibilities of applied
scientifi c research in introduction of advanced
technologies to industrial companies of the city.
In 2007, the construction of a universal sports arena
will be commenced in Panevėžys. A 47.9 million
Litas aid from the European Communities structural
funds has been allocated for implementation of
this project. The multipurpose sports arena will contain
5-7 thousand seats for the audience and a stationary
bicycle track in compliance with the Olympic
standards. Nearby an entertainment, sports and business
centre will be developed. A men play-off competition
of the European Basketball Championship in 2011
is planned to run in the Sports Arena of Panevėžys.
The city of Panevėžys has been developing more rapidly
than it is shown by the general trends of development
of the country and city. In October 2006, in appreciation
of the progress achieved by Panevėžys, the Seimas
(Parliament) of the Republic of Lithuania made certain
� One of the largest Lithuanian town with population amounting to 116.2 thousand;
� Convenient geographical location: situated at the intersection of the most
important motorways in Lithuania, including VIA BALTICA highway;
� It is a place, where successful large-scale companies are functioning, such as
AB „Panevėžio statybos trestas”, AB “Danisco Sugar Panevėžys”,
AB “Panevėžio Keliai”, AB “Malsena”, AB “Panevėžio Energija” and others;
� Small and Medium-scale businesses dominate there;
� Panevėžys is also a centre of culture, education, arts and sports.
improvements in the General Layout Regulations of the
Republic of Lithuania and ascribed Panevėžys to the
category of a metropolitan centre. Such transformed
status of the city will increase its attractiveness for business
development, overall development possibilities
and competition abilities of the North East Lithuania.
The new status of Panevėžys as a metropolitan centre
may also have a positive impact on the social and
economic environment of not only the city itself and
the county of Panevėžys, but also on the entire region
of Northern Lithuania. It is expected that the possibilities
to attract new prospective investors and create
more new jobs; situate the headquarters of business
companies and fi nancial institutions here; expand
the employment opportunities; prepare and employ
specialists of higher qualifi cation will increase.
In the Strategic Development Plan for 2004-2013 of the
city of Panevėžys, a great attention is paid to the development
of knowledge-based economy by implementation
of a new type of a learning city and making
grounds for cooperation among local educational
institutions, business companies and authorities.
Photos: Romas Bagonas, Marija
Čičirkienė, Gintaras Lukoševičius,
Tomas Stasevičius.