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Hello,
we are Panevėžys FEZ

private operator of an entirely business-focused industrial park

Panevezys Free Economic Zone was established in 2013 and is the operator of the special economic zone. The company is part of Ogmios Group, a leading Lithuanian real estate developer specializing in industrial and commercial projects. Ogmios Group owns or manages more than 400.000 sq. meters of industrial and commercial real estate across Lithuania. In the city of Panevezys, it manages 80 hectares of private territory where Babilon City projects have been developed, including commercial, residential and manufacturing facilities. Ogmios Group also runs two legal offices as well as construction management and maintenance units.

ABOUT OGMIOS GROUP

What can we do for you?

We offer a wide range of support for our investors. Tax relief is one of them

0%

for first 10 years CORPORATE PROFIT TAX*

(7,5 % for the next 6 years)

*(at least 1 million euros investment in fixed assets is required)

0%

REAL ESTATE TAX

0%

DIVIDEND TAX**

** - conditions apply

We are situated in a perfect stategic location

Our investors

DEVOLD

SPEKTRUS

IMG NORWAY

Our partners

PANEVĖŽYS CITY MUNICIPALITY

Invest Lithuania

Norwegian – Lithuanian Chamber of Commerce

Panevėžys Chamber of Commerce, Industry and Crafts

Panevėžys industrialists‘ association

fiba

They trust us

Don't take our word for it - here are the testimonies of prominent business leaders we have a pleasure to work with

Lithuania is an EU country, the supply chain to Europe and Scandinavia is great and there is a lot of know-how in the area of furniture production.

Trond Vadset Veibust

Senior VP Operations & Finance at IMG of Norway

Panevėžys is a very comfortable place to live in and transport connection is perfect - good access with larger cities of Vilnius, Riga and 3 international airports.

Bjarne O. R. Moller

COO at Devold

Our decision was determined by the flexibility, reliability and convenience of communication with Lithuanian and Latvian cities.

Andrius Večiorkus

CEO at Spektrus EU

Still in doubt?

Here are top 5 reasons why we are the best choice for you

Strong and diverse supply chain

Panevezys is home to world-class industrial companies that produce highest quality products, components and services.

Qualified workforce for manufacturing

Highly skilled specialists with multi-industry experience.

Tax and business incentives

From 0% corporate, real estate tax incentives to extensive consultations on financial EU support for buildings/machinery/training

Ideal strategic location of Panevezys FEZ

1.5 hours drive to 3 international airports, directly connected by international highways and railways, midway between two Baltic capitals Riga and Vilnius.

Full One-Stop-Shop services

We take care of each investor from A to Z (from consideration, analysis and connections to key goverment/business people to construction and post-investment after-care).

For a full detailed overview and business proposal download our full report. We are eager to help your business grow!

Contact us for any question you have!