Member of the Board, AKG Thermotechnik Lettland (Germany)
The Latvian subsidiary AKG Thermotechnik Lettland SIA in 2005 built its first production plant.Gerhard Ritzman notes that of all the AKG factories, Latvia has the lowest production costs in Europe. He believes that, thanks to our low prices, Jelgava is able to produce radiators even to buyers from Asia.
Production focused on cooling and cooling modules specifically for construction and agricultural equipment, compressors, gas and diesel engines, and serves customers in Europe, America and Asia. Among the clients are industrial clients such as Atlas Copco, CAT, CNH, Claas, Daimler, Doosan, Kaeser, Liebherr, Volvo and many others.