The Russian manufacturer said the decision to establish a branch in Brazil was made at the board meeting late last month.

Power Machines said the strategic move would enable it to ‘promptly’ approach opportunities in the Latin energy market.

It is working on equipment orders for La Yesca in Mexico and San Juan in Brazil, has supplied to Quilleco and La Higuera in Chile and Los Karakoles in Argentina. Previously, the company supplied various equipment to Aguamilpa and El Cajon in Mexico.