Concern Tractor Plants

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Concern Tractor Plants
Native name
Russian: Концерн Тракторные заводы
Industry Defense and Machine
Founded 2003; 13 years ago (2003)
Headquarters Cheboksary, Chuvash Republic, Russia
Area served
Key people
Albert Vladimirovich Bakov (Chairman)
Mikhail Grigoryevich Bolotin (President)[1]
Products Artillerys, Combat vehicles, Machines
Number of employees
Subsidiaries Kurganmashzavod
Altai Motor Plant
Vladimir Motor and Tractor Plant
Volgograd Tractor Plant
Volgograd Machine Building Company

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.[2][3]


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.[2] The company's headquarters are located in Cheboksary.[4] Most of the company's factories are located in Russia.[5]

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.[5]


  1. ^ Concern Tractor Plants. "Management Team - Concern Tractor Plants". Retrieved November 29, 2014. 
  2. ^ a b "AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia". Reuters. 2008-10-09. Retrieved 2009-07-14. 
  3. ^ "Russia Tractor Plants Plans $500 Million IPO, Kommersant Says". Bloomberg. 2008-03-24. Retrieved 2009-07-14. 
  4. ^ "Company Profile". Concern Tractor Plants. Retrieved 2009-07-14. 
  5. ^ a b "Tractor Plants Listed on Frankfurt Bourse". Information agency RDZ partner. 2008-12-30. Retrieved 2009-07-14. 

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