Company overview
Basic information
Company name
SAERTEX Baltics, UAB
Company code
300090730
VAT code
LT100002169217
Registered address
Šiaulių r. sav., Kuršėnai, Pramonės g. 20D, LT-81123
Registration date
2005-02-23
Company age: 21 y. 8 mo.
Contact information
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Phone
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Email
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Website
https://www.devoldamt.com
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Manufacture of glass fibres
Sector
Užsienio subjektų kontroliuojamos ne finansų bendrovės
Ownership form
Private foreign capital
SAERTEX Baltics UAB
Company code: 300090730
Address: Šiaulių r. sav., Kuršėnai, Pramonės g. 20D, LT-81123
VAT code: LT100002169217
Description
This description was generated by artificial intelligence.
SAERTEX Baltics, UAB (company code 300090730) is an operational private limited liability company registered in 2005. It is classified as a private company controlled by foreign entities, with private ownership in which foreign natural and legal persons hold more than 50% of the authorised capital. The company is managed by a CEO with a board/council and is considered a medium-sized enterprise. Its main activity is EVRK C.23.14.00, Manufacture of glass fibres. The company is based in Kuršenai, Šiauliu r. sav., Šiauliu apskr., at Pramones g. 20D, LT-81123.
In financial year 2025, SAERTEX Baltics generated revenue of €20.81 million and net profit of €3.79 million, with a profit margin of 18.2%. Revenue was 1.2% lower than in 2024 and 22.5% lower than two years earlier, while profit remained solid over the period. Equity at the end of 2025 stood at €24.20 million, compared with liabilities of €3.36 million and total assets of €27.56 million. The company’s revenue per employee was €172.0K and profit per employee €31.3K in 2025.
Staff data so far in 2026 shows an average of 129 employees, up 6.6% year on year, with an average monthly wage of €1,880.79, down 10.3% year on year.
In financial year 2025, SAERTEX Baltics generated revenue of €20.81 million and net profit of €3.79 million, with a profit margin of 18.2%. Revenue was 1.2% lower than in 2024 and 22.5% lower than two years earlier, while profit remained solid over the period. Equity at the end of 2025 stood at €24.20 million, compared with liabilities of €3.36 million and total assets of €27.56 million. The company’s revenue per employee was €172.0K and profit per employee €31.3K in 2025.
Staff data so far in 2026 shows an average of 129 employees, up 6.6% year on year, with an average monthly wage of €1,880.79, down 10.3% year on year.
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