Czechoslovak Group
The Czechoslovak Group (CSG) is a Czech industrial-technological holding company, with its headquarters in Prague. Established in 1995, CSG operates in several key sectors including defense, aerospace, ammunition, automotive, and railway industries. CSG operated from 13 October 2014 to 14 January 2016 under the name Excalibur Group. 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. The group employs over 10,000 people worldwide.
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 (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.