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Tractor Plants

Concern Tractor Plants
Native name
Russian: Концерн Тракторные заводы
LLC
Industry Defense and Machine
Founded 2003; 14 years ago (2003)
Headquarters Cheboksary, Chuvash Republic, Russia
Area served
worldwide
Key people
Albert Vladimirovich Bakov (Chairman)
Mikhail Grigoryevich Bolotin (President)
Products Artillerys, Combat vehicles, Machines
Owner Vnesheconombank (100%)
Number of employees
45,000
Website tplants.com

Concern Tractor Plants (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.

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. The company's headquarters are located in Cheboksary. Most of the company's factories are located in Russia.

In 2009, the holding company Concern Tractor Plants N.V. placed shares on the in the form of Global Depositary Receipts issued by Deutsche Bank.

Companies of the holding:


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