{"id":195195,"date":"2026-08-29T08:23:16","date_gmt":"2026-08-29T08:23:16","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/195195\/"},"modified":"2026-08-29T08:23:16","modified_gmt":"2026-08-29T08:23:16","slug":"csg-podle-slovenske-opozice-vyvedla-z-tamni-zbrojovky-temer-dve-miliardy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/195195\/","title":{"rendered":"CSG podle slovensk\u00e9 opozice vyvedla z\u00a0tamn\u00ed zbrojovky t\u00e9m\u011b\u0159 dv\u011b miliardy"},"content":{"rendered":"

Slovensk\u00e1 opozi\u010dn\u00ed strana Progresivn\u00ed Slovensko (PS) obvinila vl\u00e1du Roberta Fica, \u017ee umo\u017enila \u010desk\u00e9 zbroja\u0159sk\u00e9 skupin\u011b Czechoslovak Group (CSG) Michala Strnada vyv\u00e9st zhruba 80\u00a0milion\u016f eur, v\u00a0p\u0159epo\u010dtu t\u00e9m\u011b\u0159 dv\u011b miliardy korun, ze spole\u010dnosti ZVS. Tu vlastn\u00ed CSG nap\u016fl se slovensk\u00fdm st\u00e1tem.<\/p>\n

Firma ZVS z\u00a0Dubnice nad V\u00e1hom pat\u0159\u00ed k\u00a0nejv\u011bt\u0161\u00edm evropsk\u00fdm v\u00fdrobc\u016fm velkor\u00e1\u017en\u00ed munice, v\u010detn\u011b d\u011blost\u0159eleck\u00fdch gran\u00e1t\u016f r\u00e1\u017ee 155\u00a0mm. \u010ctvrtinu a\u017e t\u0159etinu sv\u00e9 produkce podle slovensk\u00e9 opozice postupuje za netransparentn\u00ed cenu sv\u00e9mu soukrom\u00e9mu spolumajiteli, firm\u011b MSM Export, vlastn\u011bn\u00e9 stoprocentn\u011b skupinou CSG.<\/p>\n

Sporn\u00e9 ceny a\u00a0mar\u017ee<\/p>\n

\u201eMluvili jsme s\u00a0mnoha lidmi v\u00a0sektoru a\u00a0pr\u016fmyslu a\u00a0ze z\u00e1kulis\u00ed sly\u0161\u00edme, \u017ee polost\u00e1tn\u00ed ZVS prod\u00e1v\u00e1 sv\u00e9mu partnerovi a\u00a0spoluvlastn\u00edkovi v\u00fdrobky za zhruba 1500\u00a0a\u017e 1800\u00a0eur za kus, a\u00a0ten je n\u00e1sledn\u011b pot\u00e9, co na n\u011b namontuje n\u011bjak\u00e1 za\u0159\u00edzen\u00ed, prod\u00e1v\u00e1 za zhruba 3500\u00a0eur, tedy p\u0159ibli\u017en\u011b za dvojn\u00e1sobek,\u201c uvedl na \u010dtvrte\u010dn\u00ed tiskov\u00e9 konferenci m\u00edstop\u0159edseda strany PS Tom\u00e1\u0161 Val\u00e1\u0161ek.<\/p>\n

Mar\u017ee ZVS z\u00a0prodeje vlastn\u00edch v\u00fdrobk\u016f je tak podle Val\u00e1\u0161ka nep\u0159im\u011b\u0159en\u011b n\u00edzk\u00e1. Zat\u00edmco nap\u0159\u00edklad zbrojovka VOP Nov\u00e1ky, rovn\u011b\u017e\u00a0z\u00a0portfolia CSG, vykazuje mar\u017ei ve v\u00fd\u0161i 27\u00a0procent, u\u00a0ZVS je to navzdory r\u016fstu cel\u00e9ho sektoru jen 7,6\u00a0procenta.<\/p>\n

\u201eKdyby m\u011bla ZVS Holding podobnou mar\u017ei, m\u00edsto zisku n\u011bco p\u0159es 26\u00a0milion\u016f eur by m\u011bla zisk ve v\u00fd\u0161i 105\u00a0milion\u016f eur. Podle na\u0161ich kalkulac\u00ed p\u0159edstavuj\u00ed u\u0161l\u00e9 zisky firmy ZVS v\u00a0d\u016fsledku mismanagementu t\u00e9to polost\u00e1tn\u00ed firmy ze strany jej\u00edch st\u00e1tn\u00edch mana\u017eer\u016f asi 80\u00a0milion\u016f eur (1,93\u00a0miliardy korun, pozn. red.) jen za minul\u00fd rok,\u201c uvedl Val\u00e1\u0161ek.<\/p>\n

<\/a><\/p>\n

M\u00edstop\u0159edseda Progresivn\u00edho Slovenska se domn\u00edv\u00e1, \u017ee jde o\u00a0podobn\u00fd model, kter\u00fd CSG zavedla p\u0159i prodeji n\u00e1kladn\u00edch voz\u016f Tatra. Ty v\u00a0\u010cesku a\u00a0na Slovensku arm\u00e1d\u00e1m neprod\u00e1v\u00e1 samotn\u00e1 automobilka, kterou CSG spoluvlastn\u00ed se spole\u010dnost\u00ed Promet Group, ale samostatn\u00e9 firmy ve stoprocentn\u00edm vlastnictv\u00ed CSG.<\/p>\n

\u201eProto to tak bije do o\u010d\u00ed, proto\u017ee ten model zn\u00e1me. Pokud chcete zbavit spolumajitele pod\u00edlu na zisku, tak to ud\u011bl\u00e1te p\u0159esn\u011b tak, jako v\u00a0p\u0159\u00edpad\u011b Tatry \u010di ZVS,\u201c \u0159ekl Val\u00e1\u0161ek Seznam Zpr\u00e1v\u00e1m Byznys<\/a>.<\/p>\n

\u0160patn\u00e9 po\u010dty, tvrd\u00ed CSG<\/p>\n

Spole\u010dnost ZVS Holding tvrzen\u00ed Tom\u00e1\u0161e Val\u00e1\u0161ka odm\u00edt\u00e1. \u201eMSM Export zaji\u0161\u0165uje dal\u0161\u00ed komponenty pot\u0159ebn\u00e9 ke kompletaci 155mm munice, p\u0159edev\u0161\u00edm prachov\u00e9 n\u00e1pln\u011b a\u00a0inici\u00e1tory, a\u00a0z\u00e1rove\u0148 jako hlavn\u00ed obchodn\u00ed spole\u010dnost MSM Group zaji\u0161\u0165uje obchod a\u00a0p\u0159\u00edstup na mezin\u00e1rodn\u00ed trhy,\u201c uv\u00e1d\u00ed firma ve vyj\u00e1d\u0159en\u00ed, kter\u00e9 redakci poskytl mluv\u010d\u00ed CSG Andrej \u010c\u00edrtek.<\/p>\n

\u201eJe proto zav\u00e1d\u011bj\u00edc\u00ed porovn\u00e1vat cenu komponent\u016f dod\u00e1van\u00fdch ze ZVS s\u00a0cenou kompletn\u00ed munice prod\u00e1van\u00e9 spole\u010dnost\u00ed MSM Export a\u00a0na tomto z\u00e1klad\u011b hovo\u0159it o\u00a0odv\u00e1d\u011bn\u00ed zisku ze ZVS. Nejde o\u00a0n\u00e1kup a\u00a0n\u00e1sledn\u00fd prodej toto\u017en\u00e9ho produktu,\u201c argumentuje firma.<\/p>\n

Na to v\u0161ak Val\u00e1\u0161ek nam\u00edt\u00e1, \u017ee v\u011bt\u0161inu sv\u00e9 produkce prod\u00e1v\u00e1 ZVS Holding u\u017e zkompletovanou. \u201eV p\u0159\u00edpad\u011b zapalova\u010d\u016f jsou absolutn\u011b schopni dod\u00e1vat je sami a\u00a0nevid\u00edm \u017e\u00e1dn\u00fd d\u016fvod, pro\u010d by to musel d\u011blat MSM. V\u00a0p\u0159\u00edpad\u011b prachov\u00fdch n\u00e1pln\u00ed si nejsme jist\u00ed, zda je um\u00ed vyrobit sami, v\u00a0ka\u017ed\u00e9m p\u0159\u00edpad\u011b je um\u00ed obstarat,\u201c odm\u00edt\u00e1 n\u00e1mitku ZVS Holding opozi\u010dn\u00ed poslanec.<\/p>\n

ZVS Holding tak\u00e9 tvrd\u00ed, \u017ee Progresivn\u00ed Slovensko \u0161patn\u011b vypo\u010d\u00edtalo \u00fadajn\u011b n\u00edzkou mar\u017ei. P\u0159i celkov\u00e9m \u010dist\u00e9m obratu 230,97\u00a0milionu eur (5,57\u00a0miliardy korun) vyk\u00e1zala zbrojovka \u010dist\u00fd zisk ve v\u00fd\u0161i 36,61\u00a0milionu eur (883,2\u00a0milionu korun) a\u00a0hrub\u00e1 mar\u017ee podle ZVS Holding dos\u00e1hla \u00farovn\u011b 37,28\u00a0procenta.<\/p>\n

\u201eStejn\u011b tak nen\u00ed mo\u017en\u00e9 bez zohledn\u011bn\u00ed rozd\u00edln\u00e9 struktury v\u00fdroby, nakupovan\u00fdch komponent\u016f a\u00a0obchodn\u00edch model\u016f mechanicky porovn\u00e1vat mar\u017ee jednotliv\u00fdch spole\u010dnost\u00ed,\u201c nam\u00edt\u00e1 ZVS Holding.<\/p>\n

V\u0161echny transakce mezi spole\u010dnostmi v\u00a0r\u00e1mci skupiny se podle vyj\u00e1d\u0159en\u00ed Strnadovy firmy \u0159\u00edd\u00ed pravidly transferov\u00e9ho oce\u0148ov\u00e1n\u00ed a\u00a0p\u0159\u00edslu\u0161nou dokumentac\u00ed k\u00a0transferov\u00e9mu oce\u0148ov\u00e1n\u00ed.<\/p>\n

Opozice trv\u00e1 na sv\u00e9m<\/p>\n

M\u00edstop\u0159edseda Val\u00e1\u0161ek ale trv\u00e1 na tom, \u017ee v\u00fdpo\u010dty jeho koleg\u016f jsou spr\u00e1vn\u00e9. Pro v\u00fdpo\u010det zisku poch\u00e1zej\u00edc\u00edho v\u00fdlu\u010dn\u011b z\u00a0v\u00fdroby munice je podle jeho analytick\u00e9ho t\u00fdmu t\u0159eba od celkov\u00e9ho zisku ode\u010d\u00edst zisk z\u00a0p\u0159eprodeje ciz\u00edho zbo\u017e\u00ed, ale z\u00e1rove\u0148 do n\u011bj zahrnout provozn\u00ed n\u00e1klady.<\/p>\n

\u201eZisk z\u00a0vlastn\u00ed v\u00fdroby \u010dinil loni 44,2\u00a0milionu eur s\u00a0mar\u017e\u00ed 21,9\u00a0procenta. Od toho ode\u010dteme v\u00fdsledek ostatn\u00edch provozn\u00edch v\u00fdnos\u016f a\u00a0n\u00e1klad\u016f, v\u00fdsledek finan\u010dn\u00ed \u010dinnosti, tedy dividendy, \u00faroky apod., a\u00a0da\u0148 z\u00a0p\u0159\u00edjmu (ale pouze tu \u010d\u00e1st, kter\u00e1 odpov\u00edd\u00e1 vlastn\u00ed v\u00fdrob\u011b). Dostaneme se tak k\u00a0zisku ve v\u00fd\u0161i 25,7\u00a0milionu eur, co\u017e p\u0159i celkov\u00fdch v\u00fdnosech 337,8\u00a0milionu eur p\u0159edstavuje mar\u017ei 7,6\u00a0procenta,\u201c uvedl t\u00fdm poslance Val\u00e1\u0161ka.<\/p>\n

<\/a><\/p>\n

Ten ve sv\u00e9m vystoupen\u00ed upozornil i\u00a0na dal\u0161\u00ed zaj\u00edmavou okolnost. ZVS Holding prodal stroje, na kter\u00fdch vyr\u00e1b\u00ed munici, a\u00a0pot\u00e9 si je od leasingov\u00e9 spole\u010dnosti pronajal zp\u011bt. ZVS Holding to pop\u00edr\u00e1, ve sv\u00e9m vyj\u00e1d\u0159en\u00ed ale z\u00e1rove\u0148 tvrd\u00ed, \u017ee \u0161lo o \u201efinan\u010dn\u00ed leasing, jeho\u017e \u00fa\u010delem bylo zajistit financov\u00e1n\u00ed dal\u0161\u00edch investic\u201c. ZVS tak potvrdilo samotnou existenci leasingov\u00e9 operace, i\u00a0kdy\u017e odm\u00edt\u00e1 jej\u00ed popis opozic\u00ed.<\/p>\n

M\u00edstop\u0159edseda Progresivn\u00edho Slovenska Tom\u00e1\u0161 Val\u00e1\u0161ek v\u00a0t\u00e9to souvislosti vyzval ministra obrany Slovensk\u00e9 republiky Roberta Kali\u0148\u00e1ka, aby objasnil, pro\u010d st\u00e1t prost\u0159ednictv\u00edm jeho \u00fa\u0159adu nevykon\u00e1v\u00e1 sv\u00e1 akcion\u00e1\u0159sk\u00e1 pr\u00e1va v\u00a0ZVS Holding.<\/p>\n

Ministr by m\u011bl podle Val\u00e1\u0161ka tak\u00e9 sd\u011blit, za jakou cenu prod\u00e1v\u00e1 ZVS Holding sv\u00e9 v\u00fdrobky firm\u011b MSM Export a\u00a0za kolik je tato firma n\u00e1sledn\u011b prod\u00e1v\u00e1 d\u00e1l. Kali\u0148\u00e1k by podle n\u011bj m\u011bl ve spole\u010dnosti ZVS Holding zjednat n\u00e1pravu.<\/p>\n

Slovensk\u00e9 ministerstvo obrany na dotazy Seznam Zpr\u00e1v Byznys uvedlo, \u017ee ministr Kali\u0148\u00e1k se k\u00a0obvin\u011bn\u00ed opozice v\u00a0p\u00e1tek ve\u010der vyj\u00e1d\u0159\u00ed ve videu na soci\u00e1ln\u00edch s\u00edt\u00edch. V\u00a0n\u011bm prohl\u00e1sil, \u017ee se Progresivn\u00edm Slovenskem \u0161\u00ed\u0159\u00ed \u201evlna politick\u00e9 demence\u201c. P\u0159ipomn\u011bl, \u017ee zisk ZVS Holdingu loni vzrostl o\u00a0213\u00a0procent a\u00a0st\u00e1t od spole\u010dnosti na dividend\u00e1ch z\u00edskal 15\u00a0milion\u016f eur (p\u0159es 360\u00a0milion\u016f korun). K\u00a0z\u00e1le\u017eitostem zmi\u0148ovan\u00fdm opozic\u00ed se v\u0161ak nevyj\u00e1d\u0159il.<\/p>\n","protected":false},"excerpt":{"rendered":"Slovensk\u00e1 opozi\u010dn\u00ed strana Progresivn\u00ed Slovensko (PS) obvinila vl\u00e1du Roberta Fica, \u017ee umo\u017enila \u010desk\u00e9 zbroja\u0159sk\u00e9 skupin\u011b Czechoslovak Group (CSG)…\n","protected":false},"author":2,"featured_media":195196,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7],"tags":[43,42,41,40,2282,5241,23640,4480,45,2280],"class_list":["post-195195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cesko","tag-ceska-republika","tag-cesko","tag-czech-republic","tag-czechia","tag-czechoslovak-group-csg","tag-michal-strnad","tag-progresivne-slovensko-ps","tag-robert-kalinak","tag-slovensko","tag-zbrojni-prumysl"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/117177837618466016","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/195195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=195195"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/195195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/195196"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=195195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=195195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=195195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}