Concern Tractor Plants

Concern Tractor Plants (CTP, ) 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]

• 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.

External links