UPDATE 1-Firearms maker Ceska Zbrojovka considers IPO to fund U.S. expansion
January 06, 2020 at 06:09 AM EST
Czech firearms maker Ceska Zbrojovka Group (CZG) said on Monday it was considering listing its shares on the Prague Stock Exchange among options to finance its expansion. The company, which makes handguns and rifles, had earlier announced plans to build a production and distribution plant in Little Rock, Arkansas, as part of its plans to expand in the United States and enter the military and law enforcement market.