Czechoslovak Group announces initial public offering at twenty five billion euro valuation

The Prague-based defence firm Czechoslovak Group (CSG) CSGannounced on Tuesday, January 20, 2026, its entry into public capital markets through an initial public offering. The company confirmed that it is offering up to 15.2 percent of its share capital at a fixed price of 25 euros per share. This offer price values the entire group at a market capitalisation of 25 billion euros, marking a significant milestone for the Czech Republic CZ and its industrial base.

According to the official prospectus published on Tuesday, the offering comprises a combination of both new and existing shares. This strategic move represents the first time that Czechoslovak Group (CSG)has sought a listing on public markets. Based in Prague, the firm has established itself as a major entity within the Czech defence sector CZDEFENCE, and the current valuation is underpinned by a market environment where the exchange rate is 0.8565 euros to 1 USD.