Czechoslovak Group

The Czechoslovak Group (CSG) has taken over a 57-hectare industrial site in Gnaschwitz and plans to invest more than 100 million euros. The company intends to build capacities to produce nitroglycerin and nitroglycerin-based products and to prepare for the production of ammunition and ammunition components. The site is expected to create up to 125 jobs and leaves room for later expansions such as assembly of tank ammunition and mortar shells. » Plus sur faz.net

Czechoslovak Group has increased its stake in Alzchem and secured access to more than 20% of the voting rights through direct holdings (Staluna Trade: 9.9%) plus Total Return Swaps (around 10.2%). The Total Return Swaps run until May 2027. Alzchem’s share rose by about 6% as a result. Alzchem produces, among other things, nitroguanidine; Czechoslovak Group describes itself as a long-term investor. » Plus sur de.investing.com

Hunterbrook Media has opened a short position in Czechoslovak Group and questions the prospectus‑stated production figures for 155‑millimeter ammunition as well as undisclosed shareholder agreements. The analysis criticizes that only one factory has final assembly capacity for 155‑mm shells and that estimated production is far below the prospectus numbers. It also cites reports of a NATO suspension of a Spanish plant, the exercise of a put option by a minority shareholder, and undisclosed pre‑transfers to the founder; Czechoslovak Group rejects all allegations. » Plus sur de.investing.com