PRAGUE, September 28. /TASS/. Czech defense company STV Group made a record profit in 2025 thanks to exports to Ukraine, the Aktualne news portal said, citing the company’s report for the past year.
Thus, STV Group’s net profits in 2025 soared by nearly 40%, reaching 7.5 billion korunas (about $350 million). The company’s revenue for the reporting period increased more than twofold year-on-year, from 11.6 billion korunas (approximately $541 million) to 24.4 billion korunas (approximately $1.137 billion).
The company specializes in manufacturing large-caliber artillery shells, with the bulk of its supply going to the Czech army. The company, according to the news portal, is expanding production.
