WARSAW — Czech firearms manufacturer Ceska zbrojovka and Slovakia’s multi-industry manufacturer, Sitno Holding, have announced plans to open a new firearms plant in Kremnicke Bane, Slovakia, reported local newspaper SME.
The production facility will make a wide range of weapons and will supply the Slovak armed forces. One of the plant’s main products is to be a semiautomatic 9mm pistol, the CZ 75 P-07 Duty.
“This investment could spur the development of high-quality defense production in Slovakia,” said Ludovit Cernak, CEO of Sitno Holding.
Under the plan, the joint venture will create about 260 jobs in Kremnicke Bane, according to data released by the state-run Slovak Investment and Trade Development Agency. The project has secured the support of the Slovak Ministry of Economy. The amount of the investment was not disclosed by the two companies.
Set up in 1992, Ceska zbrojovka owns firearms plants in Uhersky Brod and Brno, both in the Czech Republic. The company exports its output to about 100 countries.
Ceska zbrojovka says one of its key foreign markets is the U.S., where the Czech business operates through its subsidiary, CZ-USA.