Concern Tractor Plants

Russian machine building company

Concern Tractor Plants

Company type| PLC
Industry| Defense and Machine
Founded| 2003; 22 years ago (2003)
Headquarters|

Cheboksary, Chuvash Republic

Russia

Area served

| worldwide

Key people

* Albert Vladimirovich Bakov (Chairman)
* Mikhail Grigoryevich Bolotin (President)[1]

Products| Artillerys, Combat vehicles, Machines
Owner| Rostec
Transport Components[2]

Number of employees

| 45,000
Website| 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.[3][4]

## Overview

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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

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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.

## References

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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.

## External links

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* Official website