Czech Republic
CSG Acquires 9.5% of MDA Space, Becomes Largest Shareholder
CSG acquires a 9.5% stake in Canada's MDA Space, becoming its largest shareholder and opening the door to European satellite manufacturing cooperation.
Italy
Michal Strnad Buys 14% Pirelli Stake as Chinese Investor Cuts Holding
Czechoslovak Group owner Michal Strnad has acquired a 14% stake in Italy's Pirelli from China's Sinochem in a deal worth about €987 million, strengthening European ownership of the tire manufacturer amid growing geopolitical scrutiny.
CSG
CSG Names David Jacobs to Lead North American Defense Operations
Czechoslovak Group (CSG) has appointed David Jacobs as President of CSG Defense North America and will establish a new office in Washington, D.C. The move supports the company's expanding presence in the United States defense market and broader industrial growth strategy.
Czech Republic
Jaroslav Strnad Plans €100M Investment Fund Backed by Industrial Holdings
Jaroslav Strnad is preparing an investment fund targeting around €100 million, backed by stakes in companies from his broader industrial holding. The structure will initially include selected assets rather than the full portfolio.
Belgium
CSG opens permanent Brussels office, appoints Hamáček to oversee strategic direction
The Czech industrial and technology group CSG has opened a permanent office in Brussels, marking a first for a defense company originating from the Czech and Slovak Republics. The new representation is intended to strengthen the group’s engagement with EU institutions and industry bodies.
Czech Republic
Czech Republic Enters Missile Era: Narwhal Cruise Missile Reaches 680 km
LPP showcased the Narwhal cruise missile and the Nightray stealth drone at the Dubai Airshow, signaling a major advancement in Czech long-range precision weapons. With domestic engine production and rapid deployment capability, the Czech defense industry moves toward full sovereign strike systems.
Czech Republic
CSG Reports Strong 9M 2025 Results, Accelerates Global Defence Expansion
Czechoslovak Group delivered strong 9M 2025 results, posting €4.5B in revenue and announcing major strategic moves including a U.S. ammunition plant, a $1B Asia-Pacific contract, and new manufacturing facilities. The group continues its rapid expansion across defence systems and ammunition.
Czech Republic
The Rise of Michal Strnad: How CSG Became Europe’s Fastest-Moving Defense Power
Michal Strnad turned Czechoslovak Group into Europe’s fastest-growing defense player, expanding from regional industry roots to a transatlantic powerhouse in ammunition and aerospace.
Czech Republic
CSG Launches Two New AI Companies to Drive Aerospace and Defense Innovation
Czechoslovak Group (CSG) has launched two new artificial intelligence companies — JATISmro and Tendrio — aimed at improving maintenance efficiency and accelerating tender evaluations. The move strengthens CSG’s position as a technology leader in aerospace and defense innovation.
Serbia
CSG acquires Serbian company MUST Solutions, a manufacturer of propulsion systems for UAS
Czechoslovak Group (CSG), the industrial and technology holding led by Czech entrepreneur Michal Strnad, has entered the Unmanned Aerial Systems (UAS) sector with its first acquisition under the newly established subsidiary AviaNera Technologies a.s.
Czech Republic
CSG Acquires Czech Company Hydraulics s.r.o., Plans Major Expansion in Land Systems Production
CSG expands its defense manufacturing base with the acquisition of Hydraulics s.r.o., a leading Czech hydraulics producer supplying components for rocket launchers and howitzers, as part of its strategy to strengthen vertical integration and boost land systems capabilities.
Czech Republic
CSG Steps Into Drone Warfare With Launch of AviaNera Technologies
Czech defense giant CSG has launched AviaNera Technologies to spearhead its entry into the unmanned aerial systems market, uniting R&D, production, and sales under one roof as Europe races to close its drone gap.