Group ČMZRB acquires 12.7% in Primoco UAV

Published: 24.05.2021 Related countries:  Singapore Singapore

Group ČMZRB acquires 12.7% in Primoco UAV

For the first time in the group's history, ČMZRB investiční, a subsidiary of the Czech-Moravian Guarantee and Development Bank, provided support to an SME in the form of a capital injection. It purchased 12.7% of the newly issued shares of Primoco UAV, which were subscribed on the START market of the Prague Stock Exchange, through the program Risk Capital - IPO Fund. The investment reaches CZK 12m. Primoco UAV is a Czech company that focuses on the production of civil and military unmanned aircraft One 150, which it has developed. (Source: ČIA News, www.cianews.cz/en)