{"id":85572,"date":"2026-05-14T14:30:10","date_gmt":"2026-05-14T14:30:10","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/85572\/"},"modified":"2026-05-14T14:30:10","modified_gmt":"2026-05-14T14:30:10","slug":"strnad-investori-csg-podhodnocuji-pochybnosti-o-vyrobnich-kapacitach-jsou-nesmysl","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/85572\/","title":{"rendered":"Strnad: Investo\u0159i CSG podhodnocuj\u00ed, pochybnosti o v\u00fdrobn\u00edch kapacit\u00e1ch jsou nesmysl"},"content":{"rendered":"

\u010cesk\u00fd miliard\u00e1\u0159 Michal Strnad v rozhovoru pro agenturu Bloomberg \u0159ekl, \u017ee investo\u0159i v sou\u010dasnosti jeho zbroja\u0159skou skupinu Czechoslovak Group (CSG) podhodnocuj\u00ed. Akcie firmy se od lednov\u00e9ho vstupu na amsterdamskou burzu propadly p\u0159ibli\u017en\u011b o polovinu.<\/p>\n

Velk\u00fd propad akci\u00ed CSG se odehr\u00e1l za\u010d\u00e1tkem kv\u011btna pot\u00e9, co spole\u010dnost Hunterbrook vydala anal\u00fdzu, kter\u00e1 zpochybnila obchodn\u00ed model Strnadova podniku. Anal\u00fdza rozporuje informaci z prospektu CSG o tom, \u017ee firma vyr\u00e1b\u00ed zhruba 500 tis\u00edc kus\u016f d\u011blost\u0159eleck\u00e9 munice r\u00e1\u017ee 155 milimetr\u016f ro\u010dn\u011b. Hunterbrook tvrd\u00ed, \u017ee identifikoval pouze jednu tov\u00e1rnu CSG schopnou vyr\u00e1b\u011bt tuto munici, p\u0159i\u010dem\u017e jej\u00ed kapacitu odhaduje na 100 tis\u00edc a\u017e 280 tis\u00edc kus\u016f ro\u010dn\u011b.<\/p>\n

\u010cesk\u00fd zbroja\u0159 na to reagoval vyj\u00e1d\u0159en\u00edm, \u017ee anal\u00fdza je nep\u0159esn\u00e1 a neodpov\u00edd\u00e1 fakt\u016fm. To nyn\u00ed jin\u00fdmi slovy zopakoval i s\u00e1m Strnad v rozhovoru s Bloombergem, kdy\u017e tvrzen\u00ed Hunterbrooku o nadhodnocen\u00fdch v\u00fdrobn\u00edch kapacit\u00e1ch ozna\u010dil jako \u201enaprost\u00fd nesmysl\u201c. Firma podle n\u011bj pln\u00ed v\u0161e, co investor\u016fm sl\u00edbila, a kr\u00e1tkodob\u00fd v\u00fdvoj na trhu nen\u00ed v jej\u00ed moci ovlivnit.<\/p>\n

\u201eI p\u0159es ve\u0161ker\u00fd \u0161um, drobn\u00e9 probl\u00e9my a celou z\u00e1le\u017eitost kolem Hunterbrooku si mysl\u00edm, \u017ee prodej akci\u00ed byl spr\u00e1vn\u00fdm krokem,\u201c prohl\u00e1sil Strnad a dodal: \u201eTrh je dnes tam, kde je, ale my dod\u00e1v\u00e1me to, co jsme sl\u00edbili.\u201c<\/p>\n

CSG pat\u0159\u00ed mezi hlavn\u00ed beneficienty zv\u00fd\u0161en\u00e9 popt\u00e1vky po vojensk\u00e9 technice a munici v Evrop\u011b, kter\u00e1 se po rusk\u00e9 invazi na Ukrajinu sna\u017e\u00ed rychle pos\u00edlit sv\u00e9 obrann\u00e9 kapacity. Skupina, kterou Strnad p\u0159evzal od sv\u00e9ho otce u\u017e ve sv\u00fdch dvaceti letech, zv\u00fd\u0161ila od roku 2022 tr\u017eby v\u00edce ne\u017e \u0161estin\u00e1sobn\u011b.<\/p>\n

\u017d\u00e1dn\u00e9 vazby na Rusko<\/p>\n

Na zpr\u00e1v\u011b od Hunterbrooku Strnada nejv\u00edce rozladily pas\u00e1\u017ee nazna\u010duj\u00edc\u00ed d\u0159\u00edv\u011bj\u0161\u00ed vazby skupiny na Rusko. P\u0159ipomn\u011bl, \u017ee CSG sice v minulosti modernizovala techniku sov\u011btsk\u00e9ho p\u016fvodu, dnes je ale etablovan\u00fdm v\u00fdrobcem s kontrakty v r\u00e1mci NATO, v\u010detn\u011b Spojen\u00fdch st\u00e1t\u016f.<\/p>\n

\u201eJsme jedn\u00edm z nejv\u011bt\u0161\u00edch dlouhodob\u00fdch dodavatel\u016f pro Ukrajinu, a to u\u017e od roku 2014. Pokud bychom m\u011bli jak\u00e9koliv vazby na Rusko, americk\u00e1 arm\u00e1da by n\u00e1m sotva sv\u011b\u0159ila v\u00fdstavbu vysoce zabezpe\u010den\u00e9ho d\u011blost\u0159eleck\u00e9ho komplexu v Iow\u011b. A pravd\u011bpodobn\u011b bychom tak\u00e9 nebyli na sank\u010dn\u00edch seznamech Ruska a \u010c\u00edny,\u201c argumentoval.<\/p>\n

Akcie CSG aktu\u00e1ln\u011b nejsou jedin\u00e9, kter\u00e9 jsou v obrann\u00e9m sektoru na sestupn\u00e9 k\u0159ivce. Podobn\u00fd osud potkal tak\u00e9 nap\u0159\u00edklad n\u011bmeck\u00e9ho giganta . Podle Strnada za poklesem stoj\u00ed jednak zm\u011bna v n\u00e1lad\u011b investor\u016f, kte\u0159\u00ed p\u0159em\u00fd\u0161l\u00ed nad t\u00edm, jak\u00fdm zp\u016fsobem budou budouc\u00ed konflikty vedeny, a jednak rostouc\u00ed nad\u011bje na ukon\u010den\u00ed v\u00e1lky na Ukrajin\u011b.<\/p>\n

\"0\"<\/p>\n

V sou\u010dasnosti tvo\u0159\u00ed dod\u00e1vky CSG na Ukrajinu p\u0159ibli\u017en\u011b 27 procent tr\u017eeb CSG. Tento pod\u00edl se ale m\u00e1 postupn\u011b zmen\u0161ovat s dal\u0161\u00ed diverzifikac\u00ed firmy i s prom\u011bnliv\u00fdmi pot\u0159ebami Kyjeva, uvedl Strnad.<\/p>\n

I p\u0159esto, \u017ee nov\u00e9 technologie nab\u00edraj\u00ed mezi investory na popularit\u011b, tak podle Strnada by se nem\u011bli nechat zaslepit, proto\u017ee arm\u00e1dy budou st\u00e1le pot\u0159ebovat tradi\u010dn\u00ed zbran\u011b. \u201eV\u0161echny zem\u011b v Persk\u00e9m z\u00e1livu se budou vyzbrojovat. U\u017e te\u010f to d\u011blaj\u00ed. Pokud si mysl\u00edte, \u017ee je to jen v\u00e1lka dron\u016f a st\u00edha\u010dek, tak to tak nen\u00ed. Takhle to nefunguje,\u201c sd\u011blil v rozhovoru.<\/p>\n

Hled\u00e1n\u00ed akvizi\u010dn\u00edch p\u0159\u00edle\u017eitost\u00ed<\/p>\n

Strnad d\u00e1le vylou\u010dil, \u017ee by v dohledn\u00e9 dob\u011b pl\u00e1noval dal\u0161\u00ed prodej akci\u00ed. CSG se v\u0161ak aktivn\u011b (jak v Evrop\u011b, tak i v USA) poohl\u00ed\u017e\u00ed po akvizic\u00edch, je\u017e by mohly b\u00fdt \u010d\u00e1ste\u010dn\u011b financov\u00e1ny i formou akci\u00ed.<\/p>\n

\u201ePro n\u00e1s d\u00e1vaj\u00ed smysl akvizice, kter\u00e9 by vytvo\u0159ily hodnotu, a\u0165 u\u017e ve st\u00e1vaj\u00edc\u00edm byznysu, nebo t\u00edm, \u017ee n\u00e1m pomohou s vertik\u00e1ln\u00ed integrac\u00ed, z\u00edsk\u00e1n\u00edm talent\u016f, p\u0159evzet\u00edm kontroly nad ur\u010dit\u00fdm trhem nebo koup\u00ed mal\u00e9ho konkurenta,\u201c uvedl Strnad s t\u00edm, \u017ee ve h\u0159e jsou i \u201etransforma\u010dn\u00ed\u201c projekty v\u011bt\u0161\u00edho rozsahu.<\/p>\n

\"00\"<\/p>\n

Britsk\u00fd den\u00edk Financial Times ve st\u0159edu informoval, \u017ee CSG p\u0159edlo\u017eila nab\u00eddku na koupi pod\u00edlu v n\u011bmecko-francouzsk\u00e9m v\u00fdrobci tank\u016f KNDS. Spole\u010dnost to ale odm\u00edtla komentovat.<\/p>\n

S\u00e1m Strnad uvedl, \u017ee nejv\u011bt\u0161\u00ed p\u0159\u00edle\u017eitosti vid\u00ed v Americe, kde je v\u00fdhodou existence jednoho siln\u00e9ho z\u00e1kazn\u00edka, zat\u00edmco v Evropsk\u00e9 unii je \u010dasto nutn\u00e9 z\u00edskat souhlas v\u0161ech 27 \u010dlensk\u00fdch st\u00e1t\u016f. Z\u00e1rove\u0148 podotkl, \u017ee USA nab\u00edzej\u00ed prostor i pro men\u0161\u00ed a flexibiln\u00ed hr\u00e1\u010de.<\/p>\n

\u201eChceme b\u00fdt dlouhodob\u00fdm a spolehliv\u00fdm dodavatelem pro evropsk\u00e9 arm\u00e1dy. Pokud se v\u011bci vyvinou podle o\u010dek\u00e1v\u00e1n\u00ed, tak poroste pod\u00edl byznysu v USA a tak\u00e9 \u0159ekn\u011bme z Bl\u00edzk\u00e9ho v\u00fdchodu sm\u011brem na v\u00fdchod,\u201c uzav\u0159el.<\/p>\n

Zdroj foto: Czechoslovak Group<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"\u010cesk\u00fd miliard\u00e1\u0159 Michal Strnad v rozhovoru pro agenturu Bloomberg \u0159ekl, \u017ee investo\u0159i v sou\u010dasnosti jeho zbroja\u0159skou skupinu Czechoslovak…\n","protected":false},"author":2,"featured_media":85573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[67,68,4142,1080,1851,26785,26786,26783,26782,26781,26784],"class_list":["post-85572","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-business","tag-byznys","tag-csg","tag-investori","tag-jsou","tag-kapacitach","tag-nesmysl","tag-pochybnosti","tag-podhodnocuji","tag-strnad","tag-vyrobnich"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116573413528808727","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/85572","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=85572"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/85572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/85573"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=85572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=85572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=85572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}