Arms, automotive and aerospace industry holding company
Founder
Jaroslav Strnad [cs]
Headquarters
Prague
,
Czech Republic
Revenue
€ 1,73 billion (CZK 42 billion) (2023)
Operating income
1,471,367,000 Czech koruna (2020)
Net income
€ 0,21 billion (CZK 5 billion) (2023)
Total assets
€ 3,35 billion (CZK 85,2 billion) (2023)
Owner
Michal Strnad
Number of employees
over 10.000[1] (incl. subsidiaries) (2023)
Website
czechoslovakgroup.cz
The Czechoslovak Group (CSG), formerly Excalibur Group, is a Czech industrial-technological holding company encompassing over 100 companies with over 10,000 employees worldwide. Headquartered in Prague, CSG operates in several sectors including defense, aerospace, ammunition, automotive, and railway industries.[2] Since January 2018, the owner of the Czechoslovak Group is Michal Strnad, the son of the founder, Jaroslav Strnad.
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, with 66% of the CSG's revenue realized in NATO-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.[3]
In October 2023, CSG 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][6][7] Vista's sale to CSG has been protested by senators J. D. Vance, John Kennedy, representative Clay Higgins and National Sheriffs' Association.[8]
^"Vista Outdoor to sell sporting products unit in $1.91 bln deal, cuts sales forecast". Reuters. 2023-10-16. Retrieved 2023-11-06.
^"Strnadova Czechoslovak Group kupuje za 45 miliard muničního giganta v USA". iDNES.cz (in Czech). 2023-10-16. Retrieved 2023-11-06.
^Editor, Clark Schultz, SA News (2023-12-12). "Vista Outdoor expects to close Czechoslovak deal in 2024 after landing antitrust clearance | Seeking Alpha". seekingalpha.com. Retrieved 2024-01-11. {{cite web}}: |last= has generic name (help)CS1 maint: multiple names: authors list (link)
^"The Czechoslovak Group Enters into Definitive Agreement to Acquire Vista Outdoor's Sporting Products Business for $1.91 Billion". Yahoo Finance. 2023-10-16. Retrieved 2024-01-11.
The CzechoslovakGroup (CSG), formerly Excalibur Group, is a Czech industrial-technological holding company encompassing over 100 companies with over 10...
The Czechoslovak Legion (Czech: Československé legie; Slovak: Československé légie) were volunteer armed forces comprised predominantly of Czechs and Slovaks...
named Ashok Leyland Boss and Ashok Leyland Guru. In April 2016 the CzechoslovakGroup based in Ostrava bought Avia from Ashok Leyland. Avia will no longer...
Czechoslovaks (Czech: Čechoslováci; Slovak: Československá národnosť) is a designation that was originally designed to refer to a united panethnicity...
(including Tatra trucks and M3 Amphibious Rigs) for US$39 million from the CzechoslovakGroup which has an agreement with General Dynamics to produce, maintain...
Czechoslovakism (Czech: Čechoslovakismus, Slovak: Čechoslovakizmus) is a concept which underlines reciprocity of the Czechs and the Slovaks. It is best...
firearms and ammunition business will be sold off to Czech company CzechoslovakGroup for a value of $1.91 billion, pending regulatory approval. Vista's...
breed referred to as Czechoslovak Wolfdogs.[citation needed] In 1989, it became provisionally recognized as FCI standard no. 332, group 1, section 1. It won...
The Czechoslovak Socialist Republic, known from 1948 to 1960 as the Czechoslovak Republic, Fourth Czechoslovak Republic, or simply Czechoslovakia, was...
Roberta, have taken over the business. In December 2023, Prague based CzechoslovakGroup acquired 80% stake in the company. 1964 Tokyo Ennio Mattarelli ITA...
The First Czechoslovak Republic (Czech: První československá republika, Slovak: Prvá československá republika), often colloquially referred to as the First...
The Czechoslovak language (Czech: jazyk československý, Slovak: Československý jazyk) was a political sociolinguistic concept used in Czechoslovakia in...
the Czech Lands. In 1939, after the outbreak of World War II, former Czechoslovak President Edvard Beneš formed a government-in-exile and sought recognition...
The 1st Czechoslovak Independent Armoured Brigade Group (Czech: Československá samostatná obrněná brigáda, Slovak: Československá samostatná obrnená brigáda)...
Modern history precedes the 1918 Czechoslovak declaration of independence with formal establishment of the Czechoslovak Legion fighting on the side of the...
Fiocchi Munizioni was entirely owned by the Fiocchi Family, until CzechoslovakGroup acquired 70% of the company. In partnership with Smith & Wesson, the...
Archived from the original on 2018-01-07. Retrieved 2019-04-11. "The CZECHOSLOVAKGROUP holding and TATRA TRUCKS truck maker will attend the IDEX 2017 defense...
The Czechoslovak Italian Legion was a legion of Czechoslovak volunteers formed late in World War I. The first formal Czechoslovak Volunteers Group (Czech:...
The Czechoslovak Air Force (Československé letectvo) or the Czechoslovak Army Air Force (Československé vojenské letectvo) was the air force branch of...
The 1st Czechoslovak Army Corps (Czech: První československý armádní sbor, Slovak: Prvý československý armádny zbor), also known as Svoboda's Army (Czech:...
summer of 1918, the Czechoslovak National Council would be the kernel of the future Czechoslovak government. Provisional Czechoslovak Government, chaired...
The Czechoslovak 11th Infantry Battalion – East (Czech: 11. československý pěší prapor — Východní) was a Czechoslovak infantry battalion in the Second...
Global Information
€ 1,73 billion (CZK 42 billion) (2023)