Article

Czechoslovak Group (CSG) has purchased a 49% stake in Hungary's 4iG Space & Defence Technologies, enhancing its influence in Rába, a heavy vehicle manufacturer. The deal was formalized in Budapest. As part of the agreement, Rába will manufacture 2,000 Tatra vehicles for the Hungarian army. Additionally, CSG is initiating a €1 billion project to produce medium military vehicles for export to Southeast Asia.