DMD Group
DMD Group company incorporated was founded in 1997 as DMD FIN, a.s. The National Property Fund (FNM) holds 99.85 percent in the company. The company deals with the design, development, testing, and production of defence equipment, production of assemblies and sub-assemblies for the automotive industry, of construction and forestry machinery as well as other parts, components, and special tools for the mechanical engineering industry.
A Special General Assembly called by Fund of National Property, DMD Group’s major shareholder, decided on its meeting on the 29th of March 2004 to change the business name from its original DMD FIN, a.s. to DMD Group, a.s. This change became effective at the date of its incorporation within the Business Register of the District Court of city of Trencín on 22 April 2004. The company continues the restructuring process that has been initiated in DMD GROUP companies with capital participation of the government.
The government’s privatisation agency the National Property Fund (FNM) is preparing restructuring of the DMD Group, a.s. in November 2008. The Cabinet approved the FNM proposal to raise the company's share capital from the current Sk201.52 million (€6.689 million) to Sk549.52 million (€18.24 million), acknowledging an FNM report outlining ways to create conditions for further development of the DMD Group and its competitiveness at its session on 26 November 2008. The FNM examined whether an increase in share capital could be considered state aid. Legal positions showed that it was not state aid with regard to EU law, because FNM's activities related to its participation in a share capital increase aiming to continue the company's restructuring, stabilisation, development and improvement of its profitability should be perceived as a normal step made by a regular investor.
Mission is to define a structure of companies incorporated under DMD Group, a.s., and to manage and control these companies through DMD Group, a.s. in accordance with conceptions and expectations of the major shareholder – Fund of National Property of the Slovak Republic. Through the restructuring process identify companies that did not prove to be viable under relevant market conditions. DMD Group, a.s. shall participate in securing of: a common DMD Group R&D and commercial strategy; new production programs to utilize existing production capabilities; coordination of bilateral and multilateral relations with prospect domestic and foreign partners.
KONSTRUKTA-Defence, a.s.
-
design, development and qualification of
- ground and air-defense weapon systems
- medium and large caliber ammunition and rocket warheads
- command and control systems
- simulators and training aids
ZTS Special, a.s.
- production of
- artillery systems
- howitzers
- rocket launchers
- mortars
- medium and light combat turrets
- gun barrels - 30 to 155 mm
ZVS holding, a.s.
- production of
- medium and large caliber ammunition and rockets
- 30 mm gun ammunition for 2A42 gun
- 81 mm, 98 mm, and 120 mm mortar ammunition
- 125 mm tank ammunition
- 122 mm, 152 mm, and 155 mm artillery ammunition
- 122 mm rockets (HE, Cargo)
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