Brief: CSG And Reunert Establish Joint Venture To Manufacture Electronic Fuzes For Large-Calibre Ammunition

CSG NV

22/05/2026 10:59

May 22 (Reuters) - CSG NV CSG.AS:

CSG AND REUNERT ESTABLISH JOINT VENTURE TO MANUFACTURE ELECTRONIC FUZES FOR LARGE-CALIBRE AMMUNITION TO BE NAMED FUCHS ELECTRONICS EUROPE

FUCHS ELECTRONICS EUROPE TO BE OWNED 51% BY REUNERT, 49% BY CSG

FUCHS ELECTRONICS EUROPE TO SUPPLY ELECTRONIC FUZES TO CSG AND OTHER EUROPEAN PRODUCERS

BUSINESS SUPPORTED BY BINDING LAUNCH ORDER FOR FIRST THREE YEARS

PRODUCTION WILL BE LOCATED AT ZVS DUBNICA NAD VÁHOM SITE IN SLOVAKIA, FULLY LEVERAGING OFF EXISTING CSG INFRASTRUCTURE

BUSINESS EXPECTED TO BE SELF-SUFFICIENT WITHIN APPROXIMATELY THREE YEARS FROM START OF OPERATIONS AND WILL ACHIEVE MARGINS EXPECTED TO BE VALUE ACCRETIVE TO BOTH REUNERT AND CSG

Source text: ID: nGNE49bVR7

Further company coverage: CSG.AS

(Gdansk Newsroom)

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