Bagfactory, UAB - employees and salaries

Company age: 14 y. 1 mo.

Update

Bagfactory - Basic salary and employee information

Number of employees

146

Annual change in number of employees

+29% (+32)

Average salary

2968 €

Change in average wage per year

-4% (-122 €)

Salary compared to sector average

171%

2 968 € 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 %

21,9 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Bagfactory, UAB (code 302842562) is a Medium-sized company operating in the manufacture of non-wovens and non-woven articles. Its workforce has expanded steadily over the available period. The average employee count increased from 61 in 2023 to 90 in 2024, 117 in 2025, and 141 so far in 2026. Compared with 2025, the latest in-progress year shows employee growth of 20.5%, while the two-year increase from 2024 to 2026 is 56.7%. Compensation followed a different path. The average monthly gross wage rose from €2,516.39 in 2023 to €3,009.28 in 2024, then eased to €2,904.93 in 2025 and €2,740.26 so far in 2026. That means wages are down 5.7% year on year and 8.9% versus 2024. Based on the latest workforce and wage levels, estimated annual payroll is about €4.64 million. Overall, the company shows strong headcount growth in 2026, while pay has moderated after peaking in 2024.

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

Female 40%
Male 60%

Wage differences

Women
2198 €
Men
3472 €

Manager's gender

Male

Board composition

M:5