Concern Tractor Plants


Concern Tractor Plants 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.

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. The company's headquarters are located in Cheboksary. Most of the company's factories are located in Russia.
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. However, as of 2014, the sole shareholder of the company is Vnesheconombank.

Structure

Companies of the holding: