![](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/05\/akcie-graf.jpeg\")
<\/a><\/p>\nProspekt k\u00a0uveden\u00ed na burzu podle Investing.com uv\u00e1d\u011bl v\u00fdrobn\u00ed kapacitu zhruba 630\u00a0tis\u00edc kus\u016f velkor\u00e1\u017eov\u00e9 munice ro\u010dn\u011b, p\u0159i\u010dem\u017e 80\u00a0procent m\u011blo p\u0159ipadat na n\u00e1boje r\u00e1\u017ee 155\u00a0milimetr\u016f. <\/p>\n
Firma ale na dotaz, zda skute\u010dn\u011b vyr\u00e1b\u00ed kolem p\u016fl milionu t\u011bchto gran\u00e1t\u016f ro\u010dn\u011b, podle Investing.com odm\u00edtla uv\u00e9st podrobn\u011bj\u0161\u00ed rozpad podle jednotliv\u00fdch typ\u016f munice s\u00a0odkazem na b\u011b\u017enou praxi v\u00a0oboru. <\/p>\n
Hunterbrook tvrd\u00ed, \u017ee identifikoval jen jedin\u00fd z\u00e1vod, slovenskou Dubnici, kter\u00fd se jev\u00ed jako schopn\u00fd fin\u00e1ln\u00ed kompletace munice 155\u00a0milimetr\u016f. Jeho lo\u0148skou produkci odhadl na 100\u00a0a\u017e 280\u00a0tis\u00edc kus\u016f.<\/p>\n
Dal\u0161\u00ed pochybnost se t\u00fdk\u00e1 pen\u011bz. \u010cty\u0159i dce\u0159in\u00e9 spole\u010dnosti vyr\u00e1b\u011bj\u00edc\u00ed munici m\u011bly podle anal\u00fdzy v\u00a0roce 2024\u00a0dohromady tr\u017eby zhruba 524\u00a0milion\u016f eur (12,8\u00a0miliardy K\u010d). To kontrastuje s\u00a0\u010d\u00e1stkou 2,5\u00a0miliardy eur (61\u00a0miliardy K\u010d), kterou CSG za stejn\u00e9 obdob\u00ed vyk\u00e1zala v\u00a0prodej\u00edch st\u0159edn\u00ed a\u00a0velkor\u00e1\u017eov\u00e9 munice. Podle kritik\u016f tak nen\u00ed \u00fapln\u011b jasn\u00e9, jak p\u0159esn\u011b se k\u00a0t\u00e9to sum\u011b skupina dost\u00e1v\u00e1 a\u00a0jak\u00e1 \u010d\u00e1st deklarovan\u00e9ho byznysu skute\u010dn\u011b stoj\u00ed na vlastn\u00ed v\u00fdrob\u011b.<\/p>\n
![](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/05\/csg-strnad.jpeg\")
Foto: CSG, Novinky<\/p>\n
Majitel CSG Michal Strnad<\/p>\n
Pod tlak se dostala i\u00a0\u0161pan\u011blsk\u00e1 muni\u010dn\u00ed tov\u00e1rna skupiny. Server Follow the Money v\u00a0b\u0159eznu napsal, \u017ee ji n\u00e1kupn\u00ed agentura NATO do\u010dasn\u011b vy\u0159adila kv\u016fli \u00fadajn\u00fdm praktik\u00e1m, kter\u00e9 mohly b\u00fdt sankcionovateln\u00e9. CSG odm\u00edtla, \u017ee by \u0161lo o\u00a0z\u00e1sadn\u00ed probl\u00e9m, a\u00a0krok popsala jako do\u010dasn\u00e9 a\u00a0procedur\u00e1ln\u00ed opat\u0159en\u00ed souvisej\u00edc\u00ed s\u00a0intern\u00edm vy\u0161et\u0159ov\u00e1n\u00edm jednoho z\u00a0\u00fa\u0159edn\u00edk\u016f samotn\u00e9 agentury.<\/p>\n
Dal\u0161\u00ed nejistotu p\u0159idal i\u00a0spor s\u00a0minoritn\u00edm akcion\u00e1\u0159em Petrem Kratochv\u00edlem. Server Seznam Zpr\u00e1vy v\u00a0dubnu informoval, \u017ee n\u011bkolik dn\u00ed p\u0159ed vstupem na burzu uplatnil opci a\u00a0po\u017eaduje za sv\u016fj pod\u00edl 1,4\u00a0miliardy eur (34\u00a0miliard korun). Kratochv\u00edl vlastn\u00ed deset procent CSG Land Systems a\u00a0disponuje blokovac\u00edmi pr\u00e1vy u\u00a0kl\u00ed\u010dov\u00fdch firemn\u00edch rozhodnut\u00ed. CSG ov\u0161em tvrd\u00ed, \u017ee podle stanoviska extern\u00edch pr\u00e1vn\u00edk\u016f sv\u00e9 pr\u00e1vo p\u0159ed vstupem na burzu \u00fa\u010dinn\u011b neuplatnil.<\/p>\n
Skupina CSG vyv\u00edj\u00ed a\u00a0dod\u00e1v\u00e1 obrann\u00e9 a\u00a0pr\u016fmyslov\u00e9 technologie. P\u016fsob\u00ed v\u00a0n\u011bkolika zem\u00edch. Mezi kl\u00ed\u010dov\u00e9 spole\u010dnosti skupiny pat\u0159\u00ed Excalibur Army, Tatra Trucks, MSM Group nebo The Kinetic Group. CSG zam\u011bstn\u00e1v\u00e1 v\u00edce ne\u017e 14\u00a0tis\u00edc lid\u00ed. Loni meziro\u010dn\u011b stoupl jej\u00ed \u010dist\u00fd zisk o\u00a035,5\u00a0procenta na 872\u00a0milion\u016f eur, tedy asi 21,3\u00a0miliardy korun. Tr\u017eby vzrostly o\u00a071,7\u00a0procenta na 6,7\u00a0miliardy eur, co\u017e je 163,8\u00a0miliardy korun.<\/p>\n
![](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/05\/hlaven-munice.jpeg\")
<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Oproti cen\u011b 32,85\u00a0eur, kterou firma dos\u00e1hla p\u0159i vstupu na burzu, tak firma miliard\u00e1\u0159e Michala Strnada ztratila ji\u017e v\u00edce…\n","protected":false},"author":2,"featured_media":75430,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[412,67,68,2282,15083],"class_list":{"0":"post-75429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-akcie","9":"tag-business","10":"tag-byznys","11":"tag-czechoslovak-group-csg","12":"tag-propad"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116517053627354580","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/75429","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=75429"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/75429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/75430"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=75429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=75429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=75429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}