Milvaras, UAB - employees and salaries

Company age: 29 y. 6 mo.

Update

Milvaras - Basic salary and employee information

Number of employees

34

Annual change in number of employees

-5% (-2)

Average salary

2321 €

Change in average wage per year

+3% (+61 €)

Salary compared to sector average

112%

2 321 € vs 2 065 € sect.

Annual employee turnover

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

35,4 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Milvaras, UAB (company code 145302919) is a small company operating in the casting of other non-ferrous metals. Its workforce has remained stable over the observed period, with an average of 36 employees in 2023, 37 in 2024 and 2025, and 38 so far in 2026. That represents a modest increase of 2.7% year on year and over two years. Average monthly gross wages have risen overall, from €1,706.11 in 2023 to €1,847.93 in 2024 and €2,152.24 in 2025, before easing slightly to €2,103.49 so far in 2026. Even with the small decline in the latest year, wages remain well above the 2023 level, with two-year growth of 13.8%. Based on the latest staffing and wage figures, estimated annual payroll is €959.2K. Productivity indicators show revenue per employee of €44.4K and profit per employee of -€4.1K, pointing to solid turnover generation but negative unit profitability in the latest period.

Number of employees

Number of employees at the end of the year

Number of employees (last 12 months)

Employee turnover rate

Employee turnover is a term describing the process when employees leave an organization and are replaced by new ones. It is an important human resource management indicator reflecting the quality of the company's work environment, employee satisfaction, and organizational culture.

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

Average salary

Average salary (by year)

Average salary (last 12 months)

Gender equality in the company

Women / men ratio

Male 87%

Wage differences

Women
2415 €
Men
2307 €

Manager's gender

Male