Czechoslovak Group
The Czechoslovak Group (CSG) is a Czech industrial-technological holding company, with its headquarters in Prague. CSG operated from 13 October 2014 to 14 January 2016 under the name Excalibur Group.[2] Since January 2018, the owner of the Czechoslovak Group is Michal Strnad, the son of the founder, Jaroslav Strnad. CSG is one of the largest family-owned companies in the Czech Republic.[3]
 | |
 Czechoslovak Group HQ in Prague | |
| Formerly | EXCALIBUR GROUP a.s. (until 2016) |
|---|---|
| Industry | Arms, automotive and aerospace industry holding company |
| Founder | Jaroslav Strnad |
| Headquarters | , |
| Revenue |  € 1,39 billion (CZK 33 billion) (2022) |
1,471,367,000 Czech koruna (2020)  | |
| € 0,31 billion (CZK 7,4 billion) (2022) | |
| Total assets | € 2,53 billion (CZK 60,1 billion) (2022) |
| Owner | Michal Strnad |
Number of employees | over 10.000[1] (incl. subsidiaries) (2023) |
| Website | czechoslovakgroup |
In October 2023, the company announced a deal to purchase ammunition businesses owned by the US company Vista Outdoor in a deal valued at $1.91 billion, pending regulatory approval.[4] [5]
Holdings
| Logo | Name | Headquarters | Focus | Share | Note / main products |
|---|---|---|---|---|---|
| Arms manufacturing | |||||
| EXCALIBUR ARMY spol. s r.o. | Šternberk, Czech Republic | Refurbishment and manufacturing of heavy arms | 90% | T-72 Avenger tank Morana 155mm SPG RM 70 Vampire MLRS | |
| EXCALIBUR INTERNATIONAL a.s. | Prague, Czech Republic | Export agency for CSG companies | |||
| Fiocchi Munizioni | Lecco, Italy | Small arms ammunition manufacturer | 70% | Fiocchi ammunition Baschieri & Pellagri ammunition (Bologna, Italy) Lyalvale Express ammunition (Fisherwick, United Kingdom) | |
| KARBOX, s. r. o. | Přelouč, Czech Republic | Container development and manufacturing | 100% | ||
| MSM Group | Martin, Slovakia | Holding company | 81% | Slovakia: ZVS holding, a.s. (ammunition production) VOP Nováky, a. s. (rockets, grenades, etc, production) VÝVOJ Martin, a. s. (mobile air traffic control towers, containers) Spain: FMGranada, Ltd. (tank and artillery ammunition) | |
| REAL TRADE PRAHA a.s. | Šternberk, Czech Republic | International arms trade | 91% | Licensing and transporting services for intl. arms trade | |
| TATRA DEFENCE VEHICLE a.s. | Prague, Czech Republic | Wheeled armored military vehicles development and manufacturing | 100% | Patriot MRAP TITUS MRAP Pandur II APC Armored cabs for Tatra trucks | |
| Aerospace industry and Air defense | |||||
| Atrak a.s. | Prague, Czech Republic | Advanced air traffic control systems development | 100% | ||
| Česká letecká servisní a.s. | Prague, Czech Republic | Avionics integration for air-plane modernization | |||
| CS SOFT a.s. | Prague, Czech Republic | Advanced air traffic control systems development | 80% | ||
| ELDIS Pardubice, s.r.o. | Pardubice, Czech Republic | Radar technology development and manufacturing | 100% | ||
| EUROPEAN AIR SERVICES s.r.o. | Prague, Czech Republic | Sales and modernization of aircraft, pilot training | 87,3% | Operates fleet of 24 helicopters | |
| JOB AIR Technic a.s. | Mošnov, Czech Republic | Maintenance and servicing of airplanes | 40,15% | ||
| RETIA, a.s. | Pardubice, Czech Republic | Radars, air-defense systems, ISTAR systems, command and control systems | 100% | ||
| Slovak Training Academy s.r.o. | Dubnica nad Váhom, Slovakia | Pilot training | 100% | ||
| Automotive and rail industry | |||||
 |
Avia Motors s.r.o. | Prague, Czech Republic | Light truck manufacturing | 100% | Established 1919 (currently defunct[6]) |
| DAKO-CZ, a.s. | Třemošnice, Czech Republic | Manufacture of rail breaking systems | 51% | Established 1816 | |
 |
LIberecké Automobilové Závody | Jablonec nad Nisou, Czech Republic | Medium truck manufacturing | 100% | Established 1951 (currently defunct) |
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TATRA TRUCKS a.s. | Kopřivnice, Czech Republic | Heavy truck & chassis manufacturing | 65% | The third oldest company in the world producing motor vehicles with an unbroken history.
First car made in 1897, first truck in 1898. Tatra 810 medium off-road truck Tatra 817 heavy off-road military truck Tatra 158 heavy off-road civilian truck |
| Other | |||||
 |
ELTON hodinářská, a. s. | Nové Město nad Metují, Czech Republic | Watch manufacturing | 73,16% | PRIM watches |
| UpVision s.r.o. | Prague, Czech Republic | Drone technology and drone defense developer | |||
The Czechoslovak Group holds shares in around 100 companies based mainly in the Czech Republic and Slovakia,[7] including a majority stake in the Kopřivnice-based car manufacturer Tatra Trucks.[8] In addition to the automotive industry, CSG holds shares in companies operating in the aviation, railway, defence, and other sectors.[9] CSG's current portfolio also includes the production of engineering products for the automotive, railway and aerospace industries, watches, specialised vehicles and off-road trucks.
CSG works closely with General Dynamics European Land Systems, a Madrid-based manufacturer of ground defence vehicles, and Nexter Systems, a leading French manufacturer of military ground equipment.[10] CSG acquired a 70% stake in Fiocchi Munizioni, an Italian munitions company.[11]
References
- https://www.idnes.cz/ekonomika/domaci/czechoslovak-group-vista-outdoor-cesko-amerika-vyroba-zbrane-michal-strnad.A231016_144906_ekonomika_ihal
- "CZECHOSLOVAK GROUP a.s., B 20071 vedená u Městského soudu v Praze". Veřejný rejstřík a Sbírka listin (in Czech). Retrieved 2022-12-15.
- "Největší rodinnou firmou v Česku je Czechoslovak Group se ziskem 1,6 miliardy korun. Strnadovi v ní zaměstnávají 8,5 tisíce lidí" (in Czech). Hospodářské noviny. Retrieved 2022-12-15.
- https://www.reuters.com/markets/deals/vista-outdoor-sell-sporting-products-unit-191-bln-deal-cuts-sales-forecast-2023-10-16/
- https://www.idnes.cz/ekonomika/domaci/czechoslovak-group-vista-outdoor-cesko-amerika-vyroba-zbrane-michal-strnad.A231016_144906_ekonomika_ihal
- https://zpravy.aktualne.cz/ekonomika/auto/avia-historie/r~8e0349acd3e011ea95caac1f6b220ee8/
- "O nás" (in Czech). Czechoslovak Group. Retrieved 2022-12-15.
- "Czechoslovak Group loni zvýšil zisk o 54 procent na tři miliardy" (in Czech). E15. Retrieved 2022-12-15.
- "Naše divize a společnosti" (in Czech). Czechoslovak Group. Retrieved 2022-12-15.
- "IDET 2021: Firmy holdingu CZECHOSLOVAK GROUP a TATRA TRUCKS představí moderní vojenskou techniku i technologie" (in Czech). Czech News Agency. 2021-10-04. Retrieved 2022-12-15.
- "CSG scouting for more acquisitions after Italian ammo maker Fiocchi". Reuters. 6 December 2022. Retrieved 13 January 2023.