Czechoslovak Group plans Amsterdam listing as defence demand grows
Czechoslovak Group will float on Euronext Amsterdam in an IPO that could raise over 3 billion euros. The move follows record growth in global military spending.
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The Czech Republic 
CZbased defence manufacturer Czechoslovak Group announced plans on Wednesday to float on Euronext Amsterdam in the Netherlands 
NL. The offering is expected to include 750 million euros of new shares alongside an undetermined number of existing shares, with sources indicating the transaction could raise more than 3 billion euros. If realized, the listing would represent the largest initial public offering in the city since the 2021 debut of InPost S.A. .
CZbased defence manufacturer Czechoslovak Group announced plans on Wednesday to float on Euronext Amsterdam in the Netherlands NL. The offering is expected to include 750 million euros of new shares alongside an undetermined number of existing shares, with sources indicating the transaction could raise more than 3 billion euros. If realized, the listing would represent the largest initial public offering in the city since the 2021 debut of InPost S.A. .Under the leadership of Chair and sole owner Michael Strnad michael strnad, the group has evolved into the second-largest European manufacturer of large-calibre ammunition. The company portfolio includes artillery and handgun ammunition, trucks, armoured vehicles, and electronics. The ongoing conflict in Ukraine 
UAhas significantly influenced the group's trajectory, with the country accounting for approximately one-third of the firm's revenue in 2024.
UAhas significantly influenced the group's trajectory, with the country accounting for approximately one-third of the firm's revenue in 2024.
