Concern Tractor Plants
Encyclopedia
Concern "Tractor Plants" (CTP) is a leading Russia
n machine building company, the country's largest tractor
manufacturer and one of the largest heavy mechanical engineering companies in the world.
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 Frankfurt Stock Exchange
in the form of Global Depositary Receipts issued by Deutsche Bank
.
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
n machine building company, the country's largest tractor
Tractor
A tractor is a vehicle specifically designed to deliver a high tractive effort at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction...
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 developmentResearch and development
The phrase research and development , according to the Organization for Economic Co-operation and Development, refers to "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of...
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
Cheboksary
-Twin towns/sister cities:Cheboksary is twinned with: Eger in Hungary Antalya in Turkey Santa Clara in CubaAlso Partnerships are shown with: Rundu in Namibia -External links:****...
. Most of the company's factories are located in Russia.
In 2009, the holding company Concern Tractor Plants N.V. placed shares on the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...
in the form of Global Depositary Receipts issued by Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
.