PRAGUE (Reuters) - Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company that ...

You're currently following this author! Click to unsubscribe from email alerts. A millennial defense chief has racked up more wealth in the first few weeks of 2026 than anyone except Elon Musk. Michal ...

PRAGUE, Dec 5 (Reuters) - Czechoslovak Group's (CSG) deal for 70% of small-calibre ammunition maker Fiocchi Munizioni valued the Italian firm in the "high hundreds of millions of euros", said CSG ...

Czech billionaire Michal Strnad became one of eastern Europe’s wealthiest individuals thanks to the blockbuster listing of his defense company earlier this year. Now, the 33-year-old arms tycoon is ...

PRAGUE, Jan 7 (Reuters) - Czech arms and ammunition firm Czechoslovak Group (CSG) has discussed with banks floating around 15% of its shares in a potential initial public offering, with a decision yet ...

Czech billionaire Michal Strnad has won an approval from Vista Outdoor Inc. owners to buy the company’s ammunition unit for $2.2 billion, boosting the global footprint of his fast-growing arms ...

PRAGUE, April 14 (Reuters) - Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company ...