CZECHOSLOVAK GROUP BOUGHT THE CZECH MANUFACTURER OF RADAR SYSTEMS ELDIS PARDUBICE

Aerospace
Holding CZECHOSLOVAK GROUP (CSG) purchased a 100% share in ELDIS Pardubice, s.r.o. from its owners and founders. ELDIS is an important Czech manufacturer of airport radars exporting its products to several tens of countries. CSG is a holding of industrial and commercial companies based in particular in the Czech Republic and Slovakia which includes for example car factories, such as TATRA TRUCKS and AVIA Motors, or ELTON hodinářská, watch manufacturer PRIM.

The company ELDIS Pardubice was established in 1991. It is one of several companies based on the foundations of the former Tesla electrotechnical company. The main production of ELDIS are airport surveillance radars, precision approach search radars (ASR) and air traffic control systems. Experienced team of specialists ensures all phases of the production process, from analysis of problems through feasibility study, project management, development of electronic circuits and software, electrical and mechanical design solutions to functional testing and installation of equipments. It ranks the company ELDIS Pardubice among the world leaders in this field.

The company exports most of its production and has customers in more than 20 countries worldwide. Recently, radar systems have been supplied for example to India or Poland. Among the customers, however, is also the Czech Ministry of Defence, which purchased from ELDIS Pardubice within the framework of the selection procedure radar systems for its military airports. Michal Strnad, managing director of CSG, said to the acquisition of the company in holding: "ELDIS Pardubice is a significant enterprise of the Czech radar industry with a high-quality team of employees and a strong development potential. The company management is a matter of its management group, it is up to us to bring new opportunities and projects to the company through the strong business capabilities of our group. The expertise of the existing management and their experiences in the radar industry are unique. That is why we agreed that the founders will continue to work actively in the company and contribute to further development. "

About the company ELDIS

The company ELDIS Pardubice, s.r.o. is a purely Czech company established in Pardubice in 1991. Since its establishment, it is specialized mainly in the field of development and production of radar equipments and systems for air traffic control and is currently the leading Czech producer of active radar systems. The company's products are used by customers in more than twenty-five countries worldwide, including the Czech Republic, and these radar systems serve to civilian air traffic control organizations as well as military bodies. The most important current products of the company are the Primary Surveillance Radar RL-2000, Secondary Surveillance Radar MSSR-1 and Precision Approach Radar PAR-E. All these systems are made up of modern, exclusively semiconductor technology, are modularly extensible and fully compliant with EUROCONTROL and ICAO.

About the holding of CZECHOSLOVAK GROUP

"CZECHOSLOVAK GROUP (for short CSG) is a holding following the tradition of Czechoslovak industry, which supports and further develops the activities of traditional Czech and Slovak companies in the field of defence and civil industrial production. Its portfolio includes the production and sale of engineering products for automotive, railway and aircraft industry, or brake systems for rail vehicles, horologic industry, special vehicles, off-road trucks, weapons and weapon systems or ammunition. The Group puts a strong emphasis on the quality of its products and services and on export activities. The holding company's products can be found on all continents and the number of its customers is still growing. Companies of the holding CZECHOSLOVAK GROUP employed in 2017 more than 8,000 persons and last year generated revenues in the amount of CZK 15.4 billions.

Press service CZECHOSLOVAK GROUP

Contact person: Andrej Čírtek, andrej.cirtek@czechoslovakgroup.cz, +420 602 494 208

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