The War-profiteering and Sanctions-busting CSG Group

And now Michal Strnad's Czechoslovak Group owns five major U.S. ammunition manufacturers

Thirty two year-old Michal Strnad, the CEO of Czechoslovak Group, has become the richest person in Czechia[1]. It used to be Renáta Kellnerová (PPF investment group), but thanks to Russia’s invasion of Ukraine and the demand it created for ammunition and military hardware both in Ukraine and all across Europe, CSG’s value has tripled in just two years.

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