About
The Czechoslovak Group (CSG), formerly Excalibur Group, is a Czech industrial-technological holding company encompassing over 100 companies with over 14,000 employees worldwide. Headquartered in Prague, CSG operates in several sectors including defense, aerospace, ammunition, automotive, and railway industries. Since January 2018, the owner of the Czechoslovak Group is Michal Strnad, the son of the founder, Jaroslav Strnad. In 2025, Michal Strnad stated that his aim is to grow the Czechoslovak Group into the second largest European defense manufacturer.
While bulk of the CSG's operations is based in the Czech Republic and Slovakia, CSG also operates factories in Germany, Greece, India, Italy, Serbia, Spain, the United Kingdom and the United States. In 2024, the company became one of the world's largest manufacturers of small arms ammunition through acquisition of The Kinetic Group.
In 2024, 78% of CSG's revenue originated from defense-related manufacturing, with small arms ammo manufacturing contributing further 11.3%. CSG exported its products to over 70 countries, with 50% of the CSG's revenue realized in NATO states and 42% in Ukraine (23% of CSG's revenue in 2023, 41% in 2022).
From Wikipedia’s article on Michal Strnad, shared under CC BY-SA 4.0.2
Companies
- Czechoslovak GroupChair 2015 to now12
- CSG Land Systems CZBoard member 2019 to 202113
Career
Occupation: manager.8
- 2019 to 2021Board member, CSG Land Systems CZ6
- 2018 to 2020Board member, CSG Defence5
- Since 2015Chair, Czechoslovak Group7
- Date not recordedChief executive, Ytara SPV3
- Date not recordedChief executive, NIKA Development4
Personal life
Legal issues and controversies
Kinetic Group purchase controversy
In October 2023, CSG announced a deal to purchase the ammunition business The Kinetic Group (which includes companies such as Remington Ammunition) from the US company Vista Outdoor. Vista's sale to CSG became a focus of political controversy in the USA, as it was protested by the senator and later vice-president JD Vance, senator John Kennedy, representative Clay Higgins and National Sheriffs' Association. Vista Outdoor stockholders approved the sale of Kinetic Group on 25 November 2024 for the price of $2.23bn.
From Wikipedia’s article on Michal Strnad (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataMichal Strnad on Wikidata
- 2WikipediaMichal Strnad on Wikipedia
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- 12WikidataCzechoslovak Group, Chair
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