GROUP PROFILE

CZG - Česká zbrojovka Group SE is a leading European producer of firearms and tactical accessories for military and law enforcement, personal defence, hunting, sport shooting and other civilian uses. Its products are marketed and sold under the Česká zbrojovka, CZ-USA, Dan Wesson, Zbrojovka Brno and 4M Systems brands.

The company is headquartered in the Czech Republic. The company has production facilities in the Czech Republic and United States.

History

  • CZG - Česká zbrojovka Group SE (CZG) was founded in 2017. However, its history dates back to 1936 when the Česká zbrojovka firearms factory was established in Uherský Brod. The factory was built prior to WWII by the Czechoslovak state with the strategic aim of moving firearms production further away from the German border. It was one of the largest and most modern armaments production facilities in Europe.
  • The factory’s production of a full range of firearms started to develop gradually after WWII, resulting in strong product positioning in the major segments of the firearms market.
  • In 1997, CZ-USA was established in the United States to handle firearms sales and servicing in that country. In 2004, Česká zbrojovka acquired the firearms division of Zbrojovka Brno and, subsequently, it acquired Dan Wesson Firearms through CZ-USA in 2005.
  • Nowadays, CZG employs almost 2,000 people in the Czech Republic, United States and Germany. CZG is 100%-owned by Česká zbrojovka Partners SE.


Statutory bodies

Board of directors

Lubomír Kovařík

Chairman of the Board

Mr. Kovařík graduated from Military Air Force University and also completed an MBA at Sheffield University. He started out in the army as a pilot. He reached the rank of lieutenant in the Army Air Force. His pilot’s career ended in the mid-1990s and he began his civilian career in 1995 as manager at the company Aulis. After one year, he joined Škoda Praha as Production Director and worked his way up to the position of CEO. He later worked for Eltodo EG and Mavel. From 2006-2017, he served as CEO of Česká zbrojovka. Since 2018, Mr. Kovařík has been President and Chairman of the Board of Directors of Česká zbrojovka Partners SE.

Jan Drahota

Member of the Board

Mr. Drahota studied finance at the University of Economics in Prague and completed an Executive MBA at the University of Chicago. Before joining CZG, Mr. Drahota worked for almost 15 years in investment banking and on the financial markets for Société Générale Group, most recently in Paris as Managing Director, Head of Central and Eastern Europe. After leaving international banking, Mr. Drahota ran his own corporate finance boutique, specialised in local capital markets financing and M&A advisory.
Mr. Drahota has broad experience as a non-executive director. He currently serves, inter alia, as a representative of the Ministry of Finance on the supervisory boards of ČEPS and Czech Export Bank.

Hana Balounová

Vice-Chairman of the Board

Mrs. Balounová is responsible for the corporate affairs, audit & tax advisory and legal affairs of the Group.
She has supervised and coordinated operations of holding companies owned by the majority shareholder for the past 20 years. Mrs. Balounová studied at a business management academy.


Supervisory Board

René Holeček

Chairman of the Supervisory Board

Mr. Holeček graduated from the Technical University in Ostrava’s Department of Economics and Management in Metallurgy. In 1990, he started his career in banking having worked for Komerční banka and Pragobanka in various executive positions. Since 1994, Mr. Holeček has been an entrepreneur and private investor in industry. He took part in the landmark privatisation of Třinecké železárny and since then he has built up an outstanding industrial track record. Together with his business partner at the time, he bought Česká zbrojovka when it was on the verge of bankruptcy and managed to turn the business around to make it a leading small arms manufacturer. Since 2014, he has held the vast majority of the company’s shares.

Corporate Social Responsibility

In recent years, CZG has supported over 60 projects of charities, non-profit organisations, sports clubs and entities in defence, security, health, education and culture, both regionally and nationally.

Some of the key projects supported by CZG include: The Krtek Endowment Fund of the Paediatric Oncology Unit of the Children's Medical Centre of University Hospital Brno; 450 ml NADĚJE (recruitment of blood donor volunteers); Sparta Praha Ice Hockey Club’s "Tribute to Heroes" to honour members of the Integrated Rescue System and the Czech Armed Forces who have lost their lives whilst on duty; Karlovy Vary International Film Festival and the Zlín Czech-Slovak theatre festival Setkání Stretnutie.

In 2019, Česká zbrojovka donated the proceeds from the auction of a special edition of the CZ-75 Republika pistol commemorating the 100th anniversary of the birth of the Czechoslovak state. The donation went to the Czech Army's Military Solidarity Fund and the Police Officers and Firefighters' Foundation.