Czech arms maker CSG has seen its profits explode, with the company benefiting from refurbishing old tanks to sell off to Ukraine The owner and chairman of the Czechoslovak Group (CSG), Michal Strnad, has now become a billionaire, reaping profits from the Russia-Ukraine conflict, Bloomberg reported on Monday. The company saw its revenues surge amid the conflict, with profits growing almost twofold in 2022 to around $1 billion and nearly doubling again last year, reaching $1.9 billion. One of the conglomerate’s divisions, Excalibur Army, has greatly contributed to the profits, manufacturing munitions as well as bui
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