Baltijos virvės, UAB - employees and salaries

Company age: 15 y. 11 mo.

Update

Baltijos virvės - Basic salary and employee information

Number of employees

5

Annual change in number of employees

-17% (-1)

Average salary

1674 €

Change in average wage per year

+10% (+158 €)

Salary compared to sector average

97%

1 674 € vs 1 731 € sect.

Annual employee turnover

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

19,7 %

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)

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Baltijos virves, UAB (code 302555904) is a Micro company engaged in the manufacture of cordage, rope, twine and netting. The workforce has remained very small throughout the available period. In 2023 the company averaged 6 employees, and from 2024 through so far in 2026 it averaged 5 employees, indicating a modest reduction followed by stability. Average monthly gross wages increased from €1,280.95 in 2023 to €1,356.27 in 2024, then rose more strongly to €1,568.13 in 2025 and €1,598.74 so far in 2026. That means wages are up by 1.9% year on year in the latest period and by 17.9% over two years. Based on the latest average headcount and wage level, the estimated annual payroll is about €95.9K. Productivity indicators show revenue per employee at €23.9K and profit per employee at €600, suggesting a small-scale operation with limited staffing and relatively steady employment levels.

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