Czech company to build joint defense plants on territory of Ukraine
The Czechoslovak Group (CSG) company plans to invest in the establishment of joint defense enterprises in Ukraine to support the defense sector of our country, according to bnn.
According to the owner of the company, Michal Strnad, the main focus will be on the production of artillery ammunition. Additionally, the Czechoslovak Group plans to manufacture spare parts for armored vehicles, products made of armored steel, and so on, in Ukraine.
With the start of Russia's full-scale invasion, the company repaired and modernized T-72 tanks in Czech facilities and then sent them to Ukraine.
In 2022, Czechoslovak Group was able to achieve a high level of profit and now plans to invest in joint ventures in Ukraine.
Despite these plans, company representatives face challenges in their implementation. This is primarily due to the constant shelling of Ukraine, which threatens both employees and the enterprise itself.
However, Strnad is optimistic and noted that defense cooperation between Ukraine and Czechia is only strengthening.
Military aid from Czechia to Ukraine
In April 2022, the Czechoslovak Group signed a contract to refurbish Ukrainian T-64 tanks. Later, other companies began repairing other armored vehicles.
In February, Czech President Petr Pavel announced that his country had found 800,000 artillery shells for Ukraine. Allies have already allocated almost all the necessary funds to purchase this batch of shells.
Meanwhile, the Netherlands has ordered nine units of the latest self-propelled artillery systems DITA from Czechia for Ukraine.