European ammunition maker gears up for €30bn IPO
Czechoslovak Group set to become one of Europe’s most valuable defence companies with Amsterdam listing
Czechoslovak Group set to become one of Europe’s most valuable defence companies with Amsterdam listing

Performance of Czechoslovak Group underlines strong investor demand for defence companies

CSG, which supplies ammunition to Ukraine, capitalises on rush of enthusiasm for industry with €1.8bn bond deal

Investors suddenly love guns and ammo

Stoxx Europe aerospace and defence index has more than tripled since 2022, with more than half of that rise coming this year

American contractors are setting up partnerships including building supply chains and manufacturing

Companies hope military appetite for commercial services will revive fortunes but obstacles remain