2024: Negotiations on the creation of a joint venture with Ukroboronprom for the release of heavy ammunition
One of the largest European arms manufacturers offers Ukraine its services to increase its own production of heavy ammunition. Czechoslavak Group AS would like to invest 'hundreds of millions of euros' in Ukraine, billionaire owner and chief executive Michal Strnad told reporters on March 6, 2024 in Prague. According to him, CSG is in talks with the state arms group Ukroboronprom about a potential joint venture and is looking for suitable sites.
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