CZG considers selling shares to fund expansion

Ceska zbrojovka Group (CZG) is considering selling share on the Prague Stock Exchange to fun expansion in the United States. Where they plan to build a factory.

Last year, CZG announced its plans to build a manufacturing and distribution centre in Little Rock, the capital of the State of Arkansas. The company hopes not only to expand on the American private market, but sell to American federal security services, according to the press release.

Credit: Radio.cz