The CZECHOSLOVAK GROUP industrial holding, owned and controlled by Czech entrepreneur Michal Strnad, published its annual report for 2017, bringing the economic results of this non-consolidated group of dynamically growing companies. Revenues were CZK 24 billion, EBITDA CZK 2.781 billion, the assets reached CZK 44 billion, and the equity amounted to CZK 16.6 billion. Revenues from the unconsolidated unit increased by 56% year-over-year, EBITDA by 52%. At the end of 2017, the group had 6797 employees. Their current number has already exceeded 8,000.
Eurosatory, the most prestigious showcase of defense and military technology in Europe, is taking place this week. It also features companies belonging to the CZECHOSLOVAK GROUP holding, including EXCALIBUR ARMY, which started a new phase of its existence at the exhibition.
The debate between Lanny Davis and Steve Bannon in Prague caught attention of Czech and Worldwide media
Eurosatory 2018, the prestigious international defence and security exhibition, will be held in Paris from 11 to 15 June. It is going to feature products of more than a thousand manufacturers and special technology vendors from more than fifty countries, including the companies of the CZECHOSLOVAK GROUP holding and TATRA TRUCKS, which are traditional participants in this trade exhibition.
Czech companies CS SOFT, ELDIS, MSM Group belonging to the CSG holding and RETIA company are attending the World ATM Congress 2018 in Madrid. World ATM Congress is held on 6th – 8th March 2018. The exhibition is organized and operated by CANSO (Civil Air Navigation Services Organization) and ATCA (Air Traffic Control Association). World ATM Congress is the biggest European conference in ATM industry. The exhibition offered more than 150 exhibitors, accompanying conference and many interesting workshops.
With effect from 26th January 2018, The CZECHOSLOVAK GROUP industrial holding is now controlled byMichal Strnad, the son of the founder Jaroslav Strnad. This was done on the basis of a contract for the transfer of 100% of the shares of the CSG holding company. Michal Strnad has been managing the CSG as Chief Executive Officer.
Still growing popularity of long-distance competition Africa Eco Race, which follows the original African Dakar rally, jumped into its second half and Tomas Tomecek, saddling his one-hundred-percent TATRA T 815 is in the excellent second place. And as the first truck driver in the history of the long-distance rally he fights completely alone with the difficult terrain in the cab of his truck.
Czechoslovak Group a.s., the Czech holding of industrial companies, bought in its portfolio the company CS SOFT a.s., an innovative Czech software developer for air traffic control with a long tradition. The transaction price is not public.