This report describes the results of PANACEA project. PANACEA project has focused on the development of a factory of LRs that automates the stages involved in/nthe acquisition, production, updating and maintenance of LRs required by MT systems, and by other based on Language Technologies (LT) applications. This automation is meant to cut down costs significantly, in terms of time and human effort. Such reductions are the only way to guarantee a continuous supply of LRs that MT/nand other Language Technologies may demand in a multilingual Europe. In order to address this objective, PANACEA has worked in (i) the development of a platform, designed as a dedicated factory for the composition of a number of LRs production lines based on combinations of different web services and (ii) the integration of advanced components for the acquisition and normalization of corpora, monolingual and parallel corpora, their alignment; the derivation of bilingual dictionaries out of aligned corpora; and the production of monolingual rich information lexica using corpus based automatic methods.