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# Czechoslovak Group raises EUR 3.8 billion in Euronext Amsterdam listing
- URL: https://sovereigntymonitor.eu/news/2026-01-23-csg-euronext-amsterdam-listing/
- Published: 2026-01-23T12:00:00.000Z
- Updated: 2026-09-01T10:51:24.000Z
- Description: Czech defence manufacturer Czechoslovak Group began trading on Euronext Amsterdam, raising EUR 3.8 billion, 15.2% of its share capital, at a EUR 25 billion valuation, in what Euronext described as the largest defence sector listing to date.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Defence and space, #news, #verified

Verified [Euronext press release, 23 January 2026](https://www.euronext.com/en/about/media/euronext-press-releases/czechoslovak-group-lists-euronext-0?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish how the raised capital will be allocated across CSG's production lines.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. EUR3.8B raised via IPO; capital not earmarked to any production line. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)