Concern Tractor Plants (CTP, Russian: Концерн Тракторные заводы) is a leading Russian machine building company. CTP is the countrys 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 companys headquarters are located in Cheboksary. Most of the companys factories are located in Russia.
In 2009, the holding company Machinery and 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.
Companies of the holding:
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