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Czechoslovak Group a.s. plans an initial public offering for CSG B.V., targeting €750 million from new shares and existing shares to be sold by CSG FIN a.s. The company, a major supplier to NATO and the largest small-calibre ammunition producer globally, has a confirmed backlog of €14 billion and expects substantial revenue growth, driven by increased defense spending in Europe.

Recent contracts secured include a $1bn production deal for Tatra vehicles and several hundred million dollars for small-calibre ammunition. The Group anticipates a 126% revenue CAGR from 2022 to 2024 and aims to leverage a defense spending supercycle.