Michal Strnad

Michal Strnad

businessman Czech Republic

Michal Strnad is a prominent Czech businessman and entrepreneur, known for his leadership of the Czechoslovak Group, a major defense and manufacturing conglomerate. His company is currently establishing a comprehensive production chain for large-caliber ammunition in Slovakia, which is expected to significantly enhance its production capacity by 2027, positioning it as one of the leading ammunition manufacturers in Europe. Strnad's initiatives are particularly relevant amid ongoing discussions about European defense capabilities and the potential for increased military production in response to security challenges.

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Slovakia Slovakia: Michal Strnad is a wealthy Czech arms dealer whose relationship with Babiš is strained over defense investments. 4

SME – major Slovak daily, est. 1993: Severoatlantická idylka s neutralitou? Takmer

Bulgaria Bulgaria: Michal Strnad, owner of Czechoslovak Group, has doubled his assets to 230.5 billion crowns since the end of last year. 8

Dnevnik: Оръжия вместо коли: бум на оръжейната индустрия в Чехия