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A new joint venture focused on the localisation of self-propelled howitzer production is to be established during 2026 and start production in 2027. Over a seven-year period, the project represents a business opportunity worth EUR 1.8 billion. On the occasion of the international ADEX defence exhibition in Baku, CSG group announced its intention to establish its second joint venture in Azerbaijan. The new company, created with a local partner, will focus on the gradual localisation of self-prope
Industrial and technology group CSG will participate in a major project to supply modern military equipment to the Latvian Armed Forces. The contractual documentation for the project was signed today. The project includes MORANA artillery systems, multiple rocket launcher systems, with a total value in the hundreds of millions of euros. The prime contractor for the project is TATRA DEFENCE SYSTEMS (TDS), a member of CSG. The project is based on extensive cooperation between the Czech, Slovak and
CSG (ENXTAM:CSG) stock is in focus after the group signed contracts worth more than €150 million to supply several hundred chassis for Polish tactical vehicles under EU SAFE programme financing. See our latest analysis for CSG. The new Polish chassis contracts arrive after a period where CSG’s 30 day share price return is up 28.59%, although the share price return since the start of 2026 is down 42.42%. This mix suggests short term momentum is improving while longer term performance remains...
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