Concern Tractor Plants

Concern Tractor Plants
Company typePLC
IndustryDefense and Machine
Founded2003; 22 years ago (2003)
Headquarters
Cheboksary, Chuvash Republic
,
Russia
Area served
worldwide
Key people
ProductsArtillerys, Combat vehicles, Machines
OwnerRostec
Transport Components[2]
Number of employees
45,000
Websitetplants.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.[3][4]

Overview

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.[3] The company's headquarters are located in Cheboksary.[5] Most of the company's factories are located in Russia.[6]

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.[6] However, as of 2014, the sole shareholder of the company is Vnesheconombank.[7]

Structure

Companies of the holding:[8]

References

  1. ^ Concern Tractor Plants. "Management Team - Concern Tractor Plants". Retrieved November 29, 2014.
  2. ^ "Ростех выведет «Тракторные заводы» из кризиса" (Press release) (in Russian). Rostec. 20 April 2018. Retrieved 26 April 2018.
  3. ^ a b "AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia". Reuters. 2008-10-09. Archived from the original on 2013-02-02. Retrieved 2009-07-14.
  4. ^ "Russia Tractor Plants Plans $500 Million IPO, Kommersant Says". Bloomberg. 2008-03-24. Retrieved 2009-07-14.
  5. ^ "Company Profile". Concern Tractor Plants. Archived from the original on 2009-05-23. Retrieved 2009-07-14.
  6. ^ a b "Tractor Plants Listed on Frankfurt Bourse". Information agency RDZ partner. 2008-12-30. Archived from the original on 2011-07-15. Retrieved 2009-07-14.
  7. ^ "Суд утвердил взыскание с "Тракторных заводов" 2 миллиардов рублей". РИА Новости (in Russian). 2015-08-19. Retrieved 2018-03-05.
  8. ^ "Manufacturing". Tplants.com (in Russian). Retrieved 11 June 2017.

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