US Edition►CSG Acquires Serbian Company MUST Solutions, a Manufacturer of Propulsion Systems for UAS
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The Czech holding of the military and mechanical industry CSG, which also operates in Serbia, is buying a majority stake in Vladimir Jazarević's Serbian manufacturer of engines for unmanned aircraft MUST Solutions, the Czech news agency ČTK reports today.
►CSG acquires Serbian company MUST Solutions, a manufacturer of propulsion systems for UAS
MUST Solutions (Mechatronics Unmanned Systems and Technology Solutions), based in Belgrade, specializes in the development and production of propulsion systems for advanced unmanned aerial vehicles. Its flagship product is a 4,000 N turbofan engine, the only one of its kind developed in Europe, offering significantly lower fuel consumption combined with extended range. In addition, the company produces a 300 N turbojet engine designed for lighte…
The arms and engineering holding Czechoslovak Group (CSG) of businessman Michal Strnad is buying a majority stake in the Serbian company MUST Solutions, which develops and manufactures engines for unmanned aerial vehicles, through its new company AviaNera Technologies. AviaNera Technologies will acquire a 51 percent stake from the founder and current majority owner of the Serbian company, Vladimír Jazarevič. The holding did not disclose the pric…
The Czechoslovak Group (CSG) arms and engineering holding company of businessman Michal Strnad, through its new company AviaNera Technologies, is buying a majority stake in the Serbian company MUST Solutions, which develops and manufactures engines for unmanned vehicles. CSG spokesman Andrej Čírtek informed about this in a press release today. The first investment of the new company AviaNera A 51 percent stake will be acquired by AviaNera Techno…
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