PRAGUE (Reuters) - Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company that ...

Michal Strnad, owner of the defense company Czechoslovak Group (CSG), told Bloomberg that there is no conflict with newly elected Czech Prime Minister Andrej Babiš regarding the supply of weapons to ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. A millennial defense chief has racked up more wealth in the first few weeks of 2026 than anyone except ...

Picture this. You’re 33 years old. Your company just went public. And by lunch, you’re worth $37 billion. That’s exactly what happened to Michal Strnad last Friday when his company, Czechoslovak Group ...

Czech billionaire Michal Strnad has won an approval from Vista Outdoor Inc. owners to buy the company’s ammunition unit for $2.2 billion, boosting the global footprint of his fast-growing arms ...

Czech billionaire Michal Strnad became one of eastern Europe’s wealthiest individuals thanks to the blockbuster listing of his defense company earlier this year. Now, the 33-year-old arms tycoon is ...

Czech Billionaire Michal Strnad launched a new automated production line for large-caliber ammunition at a plant jointly owned with Slovakia. The new line at ZVS Holding in Dubnica nad Vahom will help ...

PRAGUE, April 14 (Reuters) - Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company ...