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CSG group will expand its industrial presence in Azerbaijan through a second joint venture

Source: GlobeNewswire

Infrastructure & DefensePrivate Markets & VentureCompany Fundamentals

A joint venture to localize self-propelled howitzer production will be established in 2026, with manufacturing scheduled to begin in 2027. The defense-production project represents an estimated EUR 1.8 billion business opportunity over seven years, supporting a meaningful medium-term revenue pipeline.

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