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DISPATCH 04/26 · 23 Oct 2026
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Company Dossier

CSG N.V. (Czechoslovak Group)

Prague-based defence group listed on Euronext Amsterdam in 2026; Europe's second-largest large-calibre ammunition maker and a major supplier of artillery, vehicles and shells to Ukraine.

FILE · czechoslovak-groupOpen-source file · BattlePolicy ProStatus Public (Euronext Amsterdam: CSG)Unverified
CSG N.V. (Czechoslovak Group)
Energetics/MunitionsCombat-fieldedEUPublic (Euronext Amsterdam: CSG)
Prague-based defence group listed on Euronext Amsterdam in 2026; Europe's second-largest large-calibre ammunition maker and a major supplier of artillery, vehicles and shells to Ukraine.
Founded
1995
HQ
Prague, Czech Republic
Headcount
14,000+
Total raised
EUR 3.8bnIPO, Jan 2026
Valuation
EUR 25bn at IPOJan 2026
Stage
PublicEuronext Amsterdam: CSG
Restricted · BattlePolicy Pro

The rest of the CSG N.V. (Czechoslovak Group) file

  • ▸Background — founding, ownership and how the company got to here
  • ▸Financial footing — rounds, valuation, backers and who is exposed
  • ▸Customers & contracts — live join against our Procurement Tracker
  • ▸Leadership — who runs it, and the contact surface
  • ▸Competitive position — who it beats, who beats it, and on what
  • ▸Battlefield relevance — confirmed combat use versus company claim
  • ▸Sources — every citation this file is built on
  • ▸Analyst verdict — where the evidence is thin and what would change our call
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