Nordic Stainless Steel Tanks LT, UAB - employees and salaries

Company age: 6 y. 7 mo.

Update

Nordic Stainless Steel Tanks LT - Basic salary and employee information

Number of employees

11

Annual change in number of employees

+0%

Average salary

3547 €

Change in average wage per year

+10% (+301 €)

Salary compared to sector average

164%

3 547 € vs 2 157 € sect.

Annual employee turnover

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

29,5 %

Number of employees

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

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Nordic Stainless Steel Tanks LT, UAB (code 305455115) is a Micro-sized company engaged in engineering design and construction activities. The staff profile shows a small but relatively stable workforce in the latest period: average employment was 9 in 2023, fell to 6 in 2024, then rose back to 9 in 2025 and remained at 9 so far in 2026. Over the two-year span from 2024 to 2026, headcount increased from 6 to 9. Average monthly gross wages moved upward throughout the period, from €2,355.38 in 2023 to €2,539.68 in 2024, €2,879.99 in 2025 and €3,139.77 so far in 2026. That represents a 23.6% increase over two years and about 9.0% growth year over year in the latest period. Based on the latest average headcount and wage level, estimated annual payroll is about €339.1K. Productivity indicators show revenue per employee of €43.3K and profit per employee of €47.

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