Velitex, UAB - employees and salaries

Company age: 8 y. 5 mo.

Update

Velitex - Basic salary and employee information

Number of employees

7

Annual change in number of employees

+100% (+3)

Average salary

851 €

Change in average wage per year

-36% (-521 €)

Salary compared to sector average

49%

851 € vs 1 735 € sect.

Annual employee turnover

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

66,7 %

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 (last 12 months)

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Velitex, UAB (code 304829033) is a Micro company operating in the rental of heavy goods vehicles. Its average workforce grew steadily from 1 employee in 2023 to 2 in 2024, 4 in 2025, and 5 so far in 2026. This shows a notable expansion over the two-year period, while the latest year is still in progress. Average monthly gross wage was €1,143.20 in 2025 and €995.08 so far in 2026, reflecting a 13.0% year-on-year decrease. Based on the current headcount and wage level, estimated annual payroll is about €59.7K. Productivity indicators show €70.6K in revenue per employee and €65.2K in profit per employee. Overall, the company remains very small, but it has been adding staff and maintaining strong output per employee, despite lower average pay in the latest period.

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