222:
138:
1235:
27:
1183:
1094:
36:
176:
155:
115:
1269:
1154:
1353:. In addition to the automotive industry, CSG holds shares in companies operating in the aviation, railway, defence, and other sectors. CSG's current portfolio also includes the production of engineering products for the automotive, railway and aerospace industries, watches, specialised vehicles and
432:
In May 2020, the Slovak MSM Group acquired the
Spanish ammunition manufacturer Fábrica de Municiones de Granada (FMG), specialising in large caliber ammunition and missile components. After the deal, FMG continued its existing operations and export-focused production without managerial changes. This
290:
CSG was founded in 1995, beginning as a small enterprise dealing in surplus military equipment. Under the leadership of its founder, Jaroslav Strnad, the company gradually expanded its scope, branching into manufacturing and service sectors. Over the years, CSG has evolved into a significant player
497:
Israel
Aerospace Industries' MMR radars, known for advanced air surveillance and defense capabilities, successfully passed Czech Army military tests. The collaboration with Czech companies RETIA and VTU includes technology transfer for local production and maintenance of the radars. These systems,
254:
While bulk of the CSG's operations is based in the Czech
Republic and Slovakia, CSG also operates factories in Serbia, Spain, Italy, United States, United Kingdom and India. In 2023, 72% of CSG's revenue originated from defense-related manufacturing. CSG exported its products to over 70 countries,
514:
a contract for 879 military trucks, comprising both 4x4 and 8x8 vehicles, to be delivered between 2022 and 2025. This EUR 259 million contract includes trucks for various roles, with 40% featuring armored cabs. Additionally, DAF, in collaboration with Tatra Trucks, will provide unique chassis and
399:
for $ 1.91 billion. This deal, funded partly by $ 1.11 billion in debt financing and the rest by CSG, involves separating Vista
Outdoor's Outdoor Products business, which will subsequently become Revelyst, Inc., a publicly traded company. Following the transaction, Revelyst will trade on the
498:
integrated into NATO frameworks, replace outdated
Russian technology and enhance Czech defense infrastructure. The Czech defense industry's involvement constitutes around 30% of the total project value, showcasing significant local contribution and expertise in radar technology development.
489:, involves significant collaboration with the Czech defense industry, including Tatra Trucks for chassis integration and Retia for communication systems. The CAESAR howitzers, to be delivered by 2026, will become the Czech armed forces' main artillery system.
472:
The forum, attended by key global figures, focused on geopolitical challenges and defense cooperation. CSG’s participation highlighted its industrial focus on international defense collaboration and expertise in advanced military technologies.
533:
Tatra Trucks delivered in 2022 the first Tatra
Phoenix truck to the U.S. Army for use in their training grounds in Germany. This three-way all-wheel drive tipper truck is part of a broader engagement of Tatra Trucks with various world armies.
251:, CSG operates in several sectors including defense, aerospace, ammunition, automotive, and railway industries. Since January 2018, the owner of the Czechoslovak Group is Michal Strnad, the son of the founder, Jaroslav Strnad.
2437:
1610:
1026:
2176:"New Belgian Army DAF CF military trucks parade on Belgium's National Day | Defense News July 2023 Global Security army industry | Defense Security global news industry army year 2023 | Archive News year"
1636:
1731:
324:
2175:
1561:
515:
engines for these vehicles, enhancing their off-road capabilities. The collaboration also ensures local maintenance and support, bolstering
Belgium's defense infrastructure and capabilities.
383:
The acquisition of
Fiocchi Munizioni by Czechoslovak Group took over a year, including six months of negotiations with the Fiocchi family and an extended seven-month approval process from
1806:
2271:
1661:
1449:
1373:
2462:
2075:
2432:
441:
The US Army acquired POLR-1 radars, known as ReTwis 5, from Czech company Retia. This technology allows for detecting living organisms through walls and has been used by
2467:
1881:
485:
from French company Nexter
Systems for EUR 77 million, bringing the total order to 62 units valued over EUR 450 million. This modernization program, replacing outdated
2452:
2447:
1536:
2220:
1782:
1475:
1931:
1424:
1982:
2442:
2050:
2368:
1687:
1586:
259:-member states. Outside of NATO, the main customers were from Ukraine (23% of CSG's revenue, down from 41% in 2022), Indonesia, Vietnam, and Morocco.
1757:
433:
acquisition enabled MSM Group to expand into
Western European ammunition markets, reinforcing its international presence and supply chain control.
2199:
442:
2028:
1374:
https://www.idnes.cz/ekonomika/domaci/czechoslovak-group-vista-outdoor-cesko-amerika-vyroba-zbrane-michal-strnad.A231016_144906_ekonomika_ihal
1159:
2246:
1907:
2100:
323:
cruise missile. Following the invasion, deliveries to Ukraine comprised 41% of CSG's revenue in 2022 and 23% in 2023. CSG's most notable
380:, an Italian munitions company. The deal was worth “hundreds of millions of euros” Fiocchi Munizioni’s focus is mainly civilian market.
271:
1732:"Even if the war ends tomorrow, it will take 15 years to fill army warehouses, says Michal Strnad, the biggest czech arms manufacturer"
2457:
128:
279:
2007:
1500:"The Czechoslovak Group Enters into Definitive Agreement to Acquire Vista Outdoor's Sporting Products Business for $ 1.91 Billion"
2296:
1562:"Czechoslovak Group – an industrial-technological holding of more than a hundred companies based in many countries of the world"
1499:
1412:
469:. CSG showcased this capability at the GLOBSEC 2019 Security Forum in Bratislava, emphasizing its support for NATO and the EU.
2322:
2149:
1611:"Premiér Petr Fiala navštívil společnost Excalibur Army, na jeden z tanků, který poputuje na Ukrajinu, napsal i krátký vzkaz"
600:
482:
350:
1245:
1523:
413:
1957:"Společnosti holdingu CSG provozují nejvyspělejší centrum pro výcvik pilotů vrtulníků ve střední Evropě | ČeskéNoviny.cz"
465:
The Czechoslovak Group (CSG) partnered with Raytheon to train Afghan pilots and is the only private European operator of
1857:
1385:
587:
334:
304:
266:
in a deal valued at $ 1.91 billion, pending regulatory approval. Vista's sale to CSG has been protested by senators
672:
466:
83:
1807:"IDET 2021: Firmy holdingu CZECHOSLOVAK GROUP a TATRA TRUCKS představí moderní vojenskou techniku i technologie"
633:
603:
596:
2200:"Belgian Army introduces new logistics vehicles on Tatra chassis for the first time - Defence Industry Europe"
1882:"HNonline.sk - Takmer 700 rokov trvajúcu tradíciu výroby munície v Španielsku rozvíja aj slovenská MSM Group"
1637:"Premiér v Excalibur Army ocenil projekt modernizace T-72 pro Ukrajinu, který koordinuje Ministerstvo obrany"
931:
1783:"Vista Outdoor expects to close Czechoslovak deal in 2024 after landing antitrust clearance | Seeking Alpha"
1476:"Vista Outdoor expects to close Czechoslovak deal in 2024 after landing antitrust clearance | Seeking Alpha"
1075:
401:
2125:
446:
65:
1707:"I kdyby válka skončila zítra, armádní sklady se budou plnit 15 let, říká největší český zbrojař Strnad"
1831:
530:
chassis with advanced features, will enhance the Bundeswehr's capabilities in combating forest fires.
1048:
137:
78:
221:
1234:
1123:
1030:
638:
61:
1164:
1007:
860:
262:
In October 2023, CSG announced a deal to purchase ammunition businesses owned by the US company
1662:"Speciální terénní auta s dvojkulomety vyrobí pro Ukrajinu ve Šternberku. Pomohou proti dronům"
26:
2051:"PŘEHLEDNĚ: Klíčové zbraně, které mají posílit armádu. Česko chystá nákupy za desítky miliard"
1810:
1220:
789:
377:
299:
CSG has been one of the leading European suppliers of defense and defense-related products to
1354:
592:
486:
450:
364:
360:
1983:"Holding CSG jako jediný mimo USA komerčně provozuje legendární vrtulníky UH-60 Black Hawk"
1908:"US Army Bought POLR-1 (Retwis 5) Radars From Czech Based Company Retia - MilitaryLeak.COM"
1135:
404:
under the symbol "GEAR," with Eric Nyman continuing as CEO and Andy Keegan joining as CFO.
1188:
244:
68:
1706:
1205:
The third oldest company in the world producing motor vehicles with an unbroken history.
1524:
https://zpravy.aktualne.cz/domaci/usa-michal-strnad/r~764d4ed8fc9611eeb689ac1f6b220ee8/
1338:
1260:
1240:
1182:
936:
846:
421:
247:
encompassing over 100 companies with over 10,000 employees worldwide. Headquartered in
102:
1425:"Vista Outdoor to sell sporting products unit in $ 1.91 bln deal, cuts sales forecast"
395:
In 2024, Czechoslovak Group (CSG) is set to acquire the Sporting Products business of
2426:
1346:
1193:
396:
320:
263:
191:
57:
2272:"Tatra Trucks dodala americké armádě první vůz pro službu v Německu - Seznam Zprávy"
1300:
481:
The Czech Republic expanded its military capabilities by ordering an additional ten
2029:"Nexter strengthens its partnership with the Czech Army and local defence industry"
1350:
1093:
664:
507:
316:
312:
275:
2323:"Výroba aut značky Avia opět končí. Připomeňte si její více než stoletou historii"
765:
575:
1758:"Vista Outdoor To Sell Sporting Products Business For $ 1.91 Bln To Czechoslovak"
2389:
2247:"Tatra získala pilotní kontrakt na dodávku 77 hasičských vozidel pro bundeswehr"
1337:
The Czechoslovak Group holds shares in around 100 companies based mainly in the
1099:
741:
736:
657:
527:
454:
35:
842:
523:
519:
511:
354:
147:
1956:
1858:"The Slovak MSM Group Bought an Ammunition Manufacturer from Granada, Spain"
1215:
1210:
1019:
943:
669:
417:
308:
1635:
www.webtodate.cz, WebContentManagementSystem: Macron Software | WebToDate.
1450:"Strnadova Czechoslovak Group kupuje za 45 miliard muničního giganta v USA"
989:
1268:
1342:
267:
1537:"Czechoslovak Group to acquire Vista Outdoor's sporting products | CSG"
1279:
1274:
1128:
819:
300:
1587:"Slovakia to increase ammo production fivefold, says defence minister"
1153:
331:
155mm and 152mm artillery rounds from factories in Slovakia and Spain,
1688:"CSG scouting for more acquisitions after Italian ammo maker Fiocchi"
1321:
1104:
1069:
967:
913:
893:
872:
745:
645:
616:
248:
96:
2347:
2297:"Tatra Trucks dodala americké armádě první vůz pro službu v Německu"
2008:"Czech Republic increases order for CAESARself-propelled howitzers"
1386:"CZECHOSLOVAK GROUP a.s., B 20071 vedená u Městského soudu v Praze"
1012:
2369:"Czechoslovak Group loni zvýšil zisk o 54 procent na tři miliardy"
2101:"Israel Aerospace Industries MMR radars pass Czech military tests"
1251:
949:
823:
798:
794:
720:
384:
344:
340:
168:
660:
651:
Wheeled armored military vehicles development and manufacturing
541:
256:
2438:
Aircraft manufacturers of the Czech Republic and Czechoslovakia
2415:
2076:"Israel Aerospace Industries MMR radars, have successfully pa"
424:, a leading French manufacturer of military ground equipment.
416:, a Madrid-based manufacturer of ground defence vehicles, eg.
212:
180:
159:
119:
449:
radio localization, has also been adopted by police units in
1832:"Czech army buys 20 Pandur armoured vehicles for $ 83 mln"
777:
Licensing and transporting services for intl. arms trade
2150:"Belgian Defence Forces Order DAF CF Military Trucks"
307:, a number of Ukrainian arms developments were using
1932:"Retia uspěla v USA s radary, které "vidí přes zeď""
973:
Sales and modernization of aircraft, pilot training
526:
for forest firefighting. The vehicles, based on the
207:
197:
187:
166:
145:
126:
109:
91:
74:
53:
45:
522:, won a contract to supply 76 fire engines to the
919:Advanced air traffic control systems development
899:Avionics integration for air-plane modernization
878:Advanced air traffic control systems development
518:Also, in 2023, Tatra Trucks, in cooperation with
581:Refurbishment and manufacturing of heavy arms
16:Czech industrial-technological holding company
1207:First car made in 1897, first truck in 1898.
8:
510:, in a move to modernize its fleet, awarded
203:over 10.000 (incl. subsidiaries) (2023)
19:
2463:Manufacturing companies established in 2016
2221:"Tatra dodá bundeswehru auta za stamiliony"
725:Tank and artillery ammunition production.
689:Tank and artillery ammunition production.
445:. ReTwis 5, offering high portability and
255:with 66% of the CSG's revenue realized in
220:
136:
34:
25:
18:
2433:Aerospace companies of the Czech Republic
952:technology development and manufacturing
2468:Technology companies established in 2016
1306:Container development and manufacturing
1199:Heavy truck & chassis manufacturing
134:10,500,000,000 Czech koruna (2023)
2453:Holding companies of the Czech Republic
2448:Defence companies of the Czech Republic
1366:
1078:technology and drone defense developer
995:Maintenance and servicing of airplanes
291:in the industrial and defense sectors.
2126:"ELTA to Cooperate with Czech Company"
809:Operates also 2 factories in the USA.
706:Production of rockets, grenades, etc.
414:General Dynamics European Land Systems
243:, is a Czech industrial-technological
2174:Frahan, Alain Henry de (2023-07-20).
1176:Established 1951 (currently defunct)
1141:Manufacture of rail breaking systems
1116:Established 1919 (currently defunct)
7:
1408:
1406:
1345:, including a majority stake in the
816:Baschieri & Pellagri ammunition
2443:Czech companies established in 2016
851:Small arms ammunition manufacturer
828:Small arms ammunition manufacturer
803:Small arms ammunition manufacturer
14:
979:Operates fleet of 24 helicopters
717:Fábrica de Municiones de Granada
49:EXCALIBUR GROUP a.s. (until 2016)
1705:Novotný, Pavel P. (2022-12-09).
1390:Veřejný rejstřík a Sbírka listin
1267:
1233:
1181:
1152:
1092:
622:Export agency for CSG companies
175:
174:
154:
153:
114:
113:
1413:Annual Report and Accounts 2023
1285:High-end shotgun manufacturing
1045:Slovak Training Academy s.r.o.
483:CAESAR self-propelled howitzers
408:Partnerships and Collaborations
357:multiple launch rocket systems,
40:Czechoslovak Group HQ in Prague
2392:(in Czech). Czechoslovak Group
2350:(in Czech). Czechoslovak Group
1228:CSG Business Projects (other)
1223:heavy off-road civilian truck
750:Heavy machinery manufacturing
676:Armored cabs for Tatra trucks
280:National Sheriffs' Association
1:
1781:Schultz, Clark (2023-12-12).
1535:Čírtek, Andrej (2023-10-16).
1474:Schultz, Clark (2023-12-12).
1218:heavy off-road military truck
1160:LIberecké Automobilové Závody
1025:Radars, air-defense systems,
964:EUROPEAN AIR SERVICES s.r.o.
613:EXCALIBUR INTERNATIONAL a.s.
492:
372:Fiocchi Munizioni Acquisition
2321:Matoušek, Jan (2020-08-02).
2099:McNeil, Harry (2023-06-22).
1585:Hudec, Michal (2023-04-03).
890:Česká letecká servisní a.s.
572:EXCALIBUR ARMY spol. s r.o.
376:CSG acquired a 70% stake in
319:rocket artillery system and
2390:"Naše divize a společnosti"
1686:Lopatka, Jan (2024-01-11).
1170:Medium truck manufacturing
347:infantry fighting vehicles,
305:Russian invasion of Ukraine
2484:
1756:RTTNews.com (2023-10-16).
1711:Hospodářské noviny (HN.cz)
1110:Light truck manufacturing
634:TATRA DEFENCE VEHICLE a.s.
2458:Companies based in Prague
1227:
1086:
859:
781:
771:International arms trade
564:
367:self-propelled howitzers.
183:85,2 billion) (2023)
33:
24:
1349:-based car manufacturer
1318:Prague Fertility Centre
1888:(in Slovak). 2022-07-27
1241:ELTON hodinářská, a. s.
932:ELDIS Pardubice, s.r.o.
412:CSG works closely with
402:New York Stock Exchange
122:42 billion) (2023)
20:CZECHOSLOVAK GROUP a.s.
1456:(in Czech). 2023-10-16
762:REAL TRADE PRAHA a.s.
467:Black Hawk helicopters
461:Training Afghan pilots
387:, delayed by the war.
162:5 billion) (2023)
1736:czechoslovakgroup.com
1666:ct24.ceskatelevize.cz
1541:czechoslovakgroup.com
1246:Nové Město nad Metují
1213:medium off-road truck
986:JOB AIR Technic a.s.
560:Note / main products
493:RETIA's collaboration
1906:admin (2022-06-15).
2276:www.seznamzpravy.cz
1031:command and control
311:chassis, including
295:Supplies to Ukraine
199:Number of employees
21:
2245:ČTK (2021-10-21).
1981:ArmadniNoviny.cz.
1961:www.ceskenoviny.cz
1165:Jablonec nad Nisou
1100:Avia Motors s.r.o.
700:VOP Nováky, a. s.
683:ZVS holding, a.s.
397:Vista Outdoor Inc.
337:main battle tanks,
303:. Before the 2022
233:Czechoslovak Group
66:aerospace industry
2124:ID (2014-11-27).
1811:Czech News Agency
1566:www.czdefence.com
1335:
1334:
1324:, Czech Republic
1303:, Czech Republic
1297:KARBOX, s. r. o.
1248:, Czech Republic
1196:, Czech Republic
1189:TATRA TRUCKS a.s.
1167:, Czech Republic
1147:Established 1816
1138:, Czech Republic
1107:, Czech Republic
1072:, Czech Republic
1049:Dubnica nad Váhom
1022:, Czech Republic
992:, Czech Republic
970:, Czech Republic
946:, Czech Republic
916:, Czech Republic
896:, Czech Republic
875:, Czech Republic
839:Lyalvale Express
790:Fiocchi Munizioni
768:, Czech Republic
648:, Czech Republic
619:, Czech Republic
578:, Czech Republic
524:German Bundeswehr
443:US special forces
378:Fiocchi Munizioni
274:, representative
229:
228:
213:czechoslovakgroup
2475:
2419:
2418:
2416:Official website
2401:
2400:
2398:
2397:
2386:
2380:
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2365:
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2217:
2211:
2210:
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2207:
2196:
2190:
2189:
2187:
2186:
2180:Army Recognition
2171:
2165:
2164:
2162:
2161:
2146:
2140:
2139:
2137:
2136:
2121:
2115:
2114:
2112:
2111:
2096:
2090:
2089:
2087:
2086:
2072:
2066:
2065:
2063:
2062:
2049:Prima, F. T. V.
2046:
2040:
2039:
2037:
2036:
2025:
2019:
2018:
2016:
2015:
2004:
1998:
1997:
1995:
1994:
1978:
1972:
1971:
1969:
1968:
1953:
1947:
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1944:
1943:
1928:
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1919:
1918:
1912:militaryleak.com
1903:
1897:
1896:
1894:
1893:
1878:
1872:
1871:
1869:
1868:
1862:www.czdefence.cz
1853:
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1844:
1843:
1828:
1822:
1821:
1819:
1818:
1803:
1797:
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1793:
1787:seekingalpha.com
1778:
1772:
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1753:
1747:
1746:
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1743:
1728:
1722:
1721:
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1702:
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1607:
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1600:
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1591:www.euractiv.com
1582:
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1532:
1526:
1521:
1515:
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1496:
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1486:
1480:seekingalpha.com
1471:
1465:
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1421:
1415:
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1400:
1398:
1397:
1382:
1376:
1371:
1271:
1237:
1185:
1156:
1132:
1096:
1066:UpVision s.r.o.
1016:
940:
642:
542:
538:Notable holdings
477:Caesar howitzers
325:sales to Ukraine
225:
224:
217:
214:
179:€ 3,35 billion (
178:
177:
171:
158:€ 0,21 billion (
157:
156:
141:
140:
129:Operating income
118:€ 1,73 billion (
117:
116:
87:
38:
29:
22:
2483:
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2371:(in Czech). E15
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2118:
2109:
2107:
2105:Army Technology
2098:
2097:
2093:
2084:
2082:
2080:www.asdnews.com
2074:
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2048:
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2013:
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1966:
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1813:. 2021-10-04
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1351:Tatra Trucks
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1261:PRIM watches
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2327:Aktuálně.cz
1886:hnonline.sk
1856:CZDEFENCE.
1560:CZDEFENCE.
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2427:Categories
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2375:2022-12-15
2354:2022-12-15
2333:2023-11-06
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1361:References
1347:Kopřivnice
1194:Kopřivnice
1136:Třemošnice
843:Fisherwick
782:CSG Ammo+
520:Rosenbauer
315:howitzer,
148:Net income
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1221:Tatra 158
1216:Tatra 817
1211:Tatra 810
1029:systems,
1020:Pardubice
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1454:iDNES.cz
1343:Slovakia
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1033:systems
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548:Company
268:JD Vance
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2348:"O nás"
2301:auto.cz
1836:REUTERS
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1429:Reuters
1301:Přelouč
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317:Bureviy
301:Ukraine
286:History
208:Website
110:Revenue
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2225:e15.cz
1936:e15.cz
1762:NASDAQ
1322:Prague
1105:Prague
1070:Prague
990:Mošnov
976:87,3%
968:Prague
914:Prague
894:Prague
873:Prague
746:Serbia
646:Prague
617:Prague
595:155mm
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557:Share
554:Focus
420:, and
249:Prague
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343:and
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231:The
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673:APC
597:SPG
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447:UWB
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