Concern Tractor Plants

Concern Tractor Plants (CTP, Russian: Концерн Тракторные заводы) is a leading Russian machine building company. CTP is the country's largest tractor manufacturer, and one of the largest heavy mechanical engineering companies in the world.[3][4]

Concern Tractor Plants
PLC
IndustryDefense and Machine
Founded2003 (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

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]

  • Altai Motor Plant, JSC
  • Vladimir Motor and Tractor Plant, Ltd.
  • Volgograd Machine Building Company, Ltd.
  • Zauralsky Blacksmith’s Foundry, Ltd.
  • Krasnoyarsk Combine Harvester Plant, JSC
  • Kraslesmash, JSC
  • Kurganmashzavod, JSC
  • Lipetsk Caterpillar Tractor Plant, Ltd.
  • Onezhsky Tractor Plant, Ltd.
  • Promtractor, JSC
  • Promtractor-Wagon, CJSC
  • Promtractor-Promlit, Ltd
  • SAREX, JSC
  • VgTZ Tractor Company, JSC
  • Cheboksary Aggregate Works, JSC and Cheboksary Industrial Tractor Plant ChETRA
  • Luitpoldhuette Aktiengesellschaft
  • Silvatec Skovmaskiner A/S
  • Vogel&Noot Landmaschinen GmbH
  • MIKONT, Ltd.
  • Scientific Research Institute of Steel, JSC
  • Special Machine Building Design Bureau, JSC
  • Innovative Product Plant KTZ, Ltd.
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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. "AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia". Reuters. 2008-10-09. 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. Retrieved 2009-07-14.
  6. "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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