Company:Concern Tractor Plants

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Short description: Russian machine building company
Concern Tractor Plants
TypePLC
IndustryDefense and Machine
Founded2003; 21 years ago (2003)
Headquarters
Cheboksary, Chuvash Republic
,
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 Russia n 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.

References

  1. Concern Tractor Plants. "Management Team - Concern Tractor Plants". http://www.tplants.com/en/company/management. Retrieved November 29, 2014. 
  2. "Ростех выведет «Тракторные заводы» из кризиса" (Press release) (in русский). Rostec. 20 April 2018. Retrieved 26 April 2018.
  3. Jump up to: 3.0 3.1 "AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia". Reuters. 2008-10-09. https://www.reuters.com/article/pressRelease/idUS45796+09-Oct-2008+BW20081009. Retrieved 2009-07-14. 
  4. "Russia Tractor Plants Plans $500 Million IPO, Kommersant Says". Bloomberg. 2008-03-24. https://www.bloomberg.com/apps/news?pid=newsarchive&sid=afe8MzPqc8xU. Retrieved 2009-07-14. 
  5. "Company Profile". Concern Tractor Plants. http://www.tplants.com/en/company/. Retrieved 2009-07-14. 
  6. Jump up to: 6.0 6.1 "Tractor Plants Listed on Frankfurt Bourse". Information agency RDZ partner. 2008-12-30. http://www.rzd-partner.com/news/2008/12/30/335418.html. Retrieved 2009-07-14. 
  7. "Суд утвердил взыскание с "Тракторных заводов" 2 миллиардов рублей" (in ru). РИА Новости. 2015-08-19. https://ria.ru/economy/20150819/1194806018.html. 
  8. "Manufacturing" (in ru). http://www.tplants.com/en/enterprises/production/. Retrieved 11 June 2017. 

External links