CSG invests in Slovak ammunition capacities

CSG group (Michal Strnad) is seeking permits for a €31m investment to triple production capacity at its Snina plant, which manufactures metal ammunition bodies. Capacity at the plant, jointly owned with the state, will rise to 330,000 units annually and headcount will nearly double to 400. The ammunition bodies are shipped to the Dubnica nad Váhom plant, which recently doubled its production capacity to 280,000 rounds thanks to a €100m investment. At the former Chemko Strážske facility, CSG is investing €300m in artillery propellant charge production, with the project targeted for completion in two years.

(hnonline.sk)