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In the third quarter of 2022, SAINT-GOBAIN GLASS ESTONIA SE team consisted of 308 employees, who were paid an estimated average gross salary of 2 070 EUR / mont

SAINT-GOBAIN GLASS ESTONIA SE: Wage rally

In the third quarter of 2022, SAINT-GOBAIN GLASS ESTONIA SE team consisted of 308 employees, who were paid an estimated average gross salary of 2 070 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the team decreased by 12 (-4%) and the salary was increased by an average of 75 EUR per employee (4%).

Summary of the year

Each year, an employee receives an average salary of 1 957 EUR per month and a turnover of an average of 19 740 EUR for the company. Labor costs are an average of 14% of turnover.

Wage rally

The company would probably have enough funds to increase the payroll, because in the last declared financial year (2021) the company ended with a profit, which could increase the salary of each employee by a maximum of 458 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 5 504 EUR.

Comparsion with the sectoral average

SAINT-GOBAIN GLASS ESTONIA SE operates in the sector MANUFACTURING, where the average monthly salary is 1 252 EUR. In Tartu, where the company operates, the average monthly salary is 1 169 EUR. *

* The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).

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SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA): Export

SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA)¬†has the magic touch when it comes to exporting, which made up¬†71,6¬†percent of last year's rev
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SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA)¬†has the magic touch when it comes to exporting, which made up¬†71,6¬†percent of last year's revenue. Total goods sold in foreign markets amounted to¬†47,83 million euros. If only every company in Estonia would be so great at capturing international markets!

The company's biggest export market was Belgium, where it sold 40,68 million euros worth of goods, which contributed 85 percent to the company’s export revenue.

Exports have grown nicely compared to the previous year ‚Äď while the company exported¬†47,69 million¬†euros worth of goods in 2017, it exported¬†47,83 million¬†euros worth of goods in 2018. Good job!

Compared to the previous year¬†SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA)¬†saw the biggest growth in exports to¬†Sweden and Latvia, where it saw a growth of 85,7¬†and¬†23,8¬†percent respectively.

Exports to Sweden (6 percent), Other EU countries (4 percent) and Latvia (3 percent) also contributed to the total sales revenue of the company.

For comparison, the total exports to¬†Sweden¬†by companies within the same sector was¬†1,785 billion¬†euros, of which the exports of SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA)¬†made up 0,09 percent. While the most successful exporters within the same sector to all markets are companies NT BUNKERING AS¬†and¬†ERICSSON EESTI AS, companies ERICSSON EESTI AS¬†and¬†PKC EESTI AS are no slouches when it comes to exports to Sweden. Their sales revenues in Sweden were¬†465,41 million¬†and¬†120,75 million euros respectively.

Last year the total exports to¬†Latvia¬†by companies within the same sector was 1,04 billion¬†euros, of which the exports of¬†SAINT-GOBAIN GLASS ESTONIA SE EUROOPA √ĄRI√úHING (SOCIETAS EUROPAEA)¬†made up 0,09 percent. When it comes to exports to Latvia, Estonian companies within the same sector that are making a name for themselves include¬†TOYOTA BALTIC AS¬†and¬†AUTO 100 AS, whose sales revenues in¬†Latvia¬†were 79,34 million¬†and¬†33,24 million¬†euros respectively.

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