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The other top ten industrial equipment sellers in Latvia last year were Intrac Latvija with LVL 14.281 million in turnover, Wiktraktor – LVL 10.481 million, Husqvarna Latvija – LVL 6.698 million, Toyota Material Handling Baltic – LVL 5.728 million, Ecotechno Baltic – LVL 4.482 million, Doka Latvia – LVL 4.169 million, Infleks – LVL 4.156 million, Swecon – LVL 4.050 million, and Takama – LVL 3.549 million, writes LETA.

Compared to 2010, the Latvian industrial equipment sales market grew on average 30% in 2011. The growth of past two years can be explained by the preceding two years of recession. Therefore the market's recovery is logical, notes the report.

The situation on the market is characterized by increasing competition among the existing players. The volume of spare part sales in Latvia is the largest in the Baltic States, indicating that outdated and poor quality equipment is repeatedly repaired.