Concern Tractor Plants
| 300px | |
| Industry | machine building |
|---|---|
| Headquarters | Cheboksary |
| Products | heavy machinery |
|
Number of employees
|
45,000 |
| Website | tplants.com |
Concern Tractor Plants, or (CTP), 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.[1][2]
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.[1] The company's headquarters are located in Cheboksary.[3] Most of the company's factories are located in Russia.[4]
In 2009, the holding company Concern Tractor Plants N.V. placed shares on the Frankfurt Stock Exchange in the form of Global Depositary Receipts issued by Deutsche Bank.[4]
