Concern Tractor Plants

Concern Tractor Plants
Concern "Tractor Plants"
Industry machine building
Headquarters Cheboksary
Products heavy machinery
Employees 45,000
Website http://www.tplants.com/en/company/

Concern "Tractor Plants" (CTP) is a leading Russian machine building company, 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]

References

  1. ^ a b "AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia". Reuters. 2008-10-09. http://www.reuters.com/article/pressRelease/idUS45796+09-Oct-2008+BW20081009. Retrieved 2009-07-14. 
  2. ^ "Russia Tractor Plants Plans $500 Million IPO, Kommersant Says". Bloomberg. 2008-03-24. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afe8MzPqc8xU. Retrieved 2009-07-14. 
  3. ^ "Company Profile". Concern Tractor Plants. http://www.tplants.com/en/company/. Retrieved 2009-07-14. 
  4. ^ a b "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. 

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