ZVS Holding Signs Framework Agreement with Slovakia’s Ministry of Defense to Supply Ammunition to EU Member States
ZVS Holding a.s., a Slovak ammunition manufacturer in which the Slovak Republic holds a 50% stake and the CSG Group holds the remaining 50%, has concluded a framework agreement…
ZVS Holding a.s., a Slovak ammunition manufacturer in which the Slovak Republic holds a 50% stake and the CSG Group holds the remaining 50%, has concluded a framework agreement with the Ministry of Defense of the Slovak Republic for the supply of large-caliber and medium-caliber ammunition worth up to EUR 58 billion over a period of seven years. The agreement is part of an ambitious project under which Slovakia would become a strategic supplier of ammunition for EU member states. Purchases may be financed through the SAFE program, under which the EU has created a favorable financial framework to strengthen the defense capacities of its member…



