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Concern Tractor Plants

Russian machine building company From Wikipedia, the free encyclopedia

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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]

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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]

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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
  • Cheboksary Aggregate Works, JSC and Cheboksary Industrial Tractor Plant ChETRA
  • 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

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