| Concern Tractor Plants | |
| Type: | PLC |
| Industry: | Defense and Machine |
| Hq Location City: | Cheboksary, Chuvash Republic |
| Hq Location Country: | Russia |
| Area Served: | worldwide |
| Products: | Artillerys, Combat vehicles, Machines |
| Owner: | Rostec Transport Components[1] |
| Num Employees: | 45,000 |
| Homepage: | tplants.com |
Concern Tractor Plants (CTP, Russian: Концерн Тракторные заводы) is a leading Russian machine building company. CTP is one of the largest heavy mechanical engineering companies in the world.[2] [3]
The company produces machinery for the industrial, military, agricultural, municipal building and railway sectors, including tractors, harvesting machinery, components and spare parts. CTP consolidates 14 industrial enterprises, three trading-service companies, a number of specialized Research and development offices and a Scientific Research Institute. The total number of employees is approximately 45,000 people. CTP operates in more than 40 countries worldwide. In 2007, the cumulative annual sales volume exceeded $1.35 billion, having increased 31.5 percent for the year.[2] The company's headquarters are located in Cheboksary.[4] Most of the company's factories are located in Russia.[5]
In 2009, the holding company Machinery & Industrial Group N.V. placed shares on the Frankfurt Stock Exchange in the form of Global Depositary Receipts issued by Deutsche Bank.[5] However, as of 2014, the sole shareholder of the company is Vnesheconombank.[6]
Companies of the holding:[7]