Czechoslovak Group (CSG) plans to invest in Ukraine.

Czechoslovak Group (CSG), Europe's largest ammunition producer, plans to invest hundreds of millions of euros in Ukraine via joint ventures to boost defense capacities, according to owner Michal Strnad. Focus will be on heavy ammunition and equipment, providing vital technology and production increase. CSG has been a key supplier to Ukraine since Russia's invasion, with revenues reaching €1 billion in 2022.

March 06, 2024
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