Top wholesale companies in Lithuania pay nearly €10,000 a month before tax
Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.
At a glance
- The 20 highest-paying wholesale companies in Lithuania averaged €9,960 a month before tax from January to July, up 5% from the same period last year.
- Huawei Technologies and CM Kaunas topped the ranking at about €11,900 a month, followed by Skovs Korn Baltic at €11,850.
- Pharmaceutical companies made up half of the ranking, while salary changes varied sharply across companies.
Average monthly pay at seven companies in a Lithuanian wholesale-company ranking exceeded €10,000 before tax. Pharmaceutical and medicine distributors accounted for half of the 20 companies listed.
Huawei Technologies paid the highest average salary this year, at €11,900 per month. The company had 11 employees at the beginning of September, and its average pay rose 58.5% from January to July last year. CM Kaunas ranked second, also at €11,900, while Skovs Korn Baltic ranked third at €11,850. Salaries at Skovs Korn Baltic rose 35.5% over the year.
Pharmaceutical companies AbbVie and Eli Lilly Lietuva followed, with average monthly salaries of €10,520 and €10,500. Merck Sharp & Dohme, Medison Pharma Lithuania and Roche Lietuva also entered the top 10.
Philip Morris Baltic employed the most people among the highest-paying wholesalers, with 137 employees in early September. Its average salary from January to July was €10,450. Samsung Electronics' Lithuanian representative office recorded one of the largest declines, with average pay falling 19.1%, from €11,840 last year to €9,570 this year.
The sharpest drop in the ranking came at Latvia's Recipe Plus, where average pay fell 33.3% to €8,990. Heston Materials recorded the fastest growth, up 70.9% to €9,250. Tarkett Polska's Lithuanian branch entered the top 20 for the first time, paying its four employees an average of €9,350 a month from January to July.
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.